<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Report of an accountant to be furnished by an assessee under sub-section (3) of section 50B of the Income-tax Act, 1961 relating to computation of Capital Gains in case of slump sale</title>
    <link>https://www.taxtmi.com/forms?id=676</link>
    <description>Form 3CEA requires an accountant&#039;s report under section 50B setting out identification of parties, date and consideration of the slump sale, and a certified computation of the net worth of the transferred undertaking or division: written down value of depreciable assets per section 43, book value of other assets, aggregate asset value, liabilities as per books and net worth as aggregate less liabilities. The accountant must certify examination of records, obtaining necessary information and that the net worth computation conforms to section 50B; revaluation changes are to be ignored and separate computations must be shown for each undertaking.</description>
    <language>en-us</language>
    <pubDate>Thu, 23 Oct 2008 10:21:00 +0530</pubDate>
    <lastBuildDate>Fri, 20 Sep 2024 15:35:00 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=328808" rel="self" type="application/rss+xml"/>
    <item>
      <title>Report of an accountant to be furnished by an assessee under sub-section (3) of section 50B of the Income-tax Act, 1961 relating to computation of Capital Gains in case of slump sale</title>
      <link>https://www.taxtmi.com/forms?id=676</link>
      <description>Form 3CEA requires an accountant&#039;s report under section 50B setting out identification of parties, date and consideration of the slump sale, and a certified computation of the net worth of the transferred undertaking or division: written down value of depreciable assets per section 43, book value of other assets, aggregate asset value, liabilities as per books and net worth as aggregate less liabilities. The accountant must certify examination of records, obtaining necessary information and that the net worth computation conforms to section 50B; revaluation changes are to be ignored and separate computations must be shown for each undertaking.</description>
      <category>Forms</category>
      <law>Income Tax</law>
      <pubDate>Thu, 23 Oct 2008 10:21:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/forms?id=676</guid>
    </item>
  </channel>
</rss>