Income Tax Law
Rules 2026/ Rule 54
Income-tax Rules, 2026

Rule 54Form of report of an accountant in respect of slump sale

Income-tax Rules, 2026 · G.S.R. 198(E), dated 20-03-2026
In case of a slump sale under section 77(4), every assessee is required to submit a report from an accountant as defined in section 515(3)(b), in Form No. 28 before the specified date referred to in section 63.
This rule refers to
§ 515 Appearance by authorised representative
§ 63 Tax audit
§ 77 Special provision for computation of capital gains in case of slump sale