https://www.taxtmi.com/caselaws?id=799660 Section 50B prescribes a self-contained method for slump-sale capital gains, using the undertaking's net worth as acquisition cost and prescribed fair market value as consideration. Where Form 3CEA, the accountant's report and valuation comply with Rule 11UAE, net worth cannot be reduced to nil through extraneous adjustments. An addition exceeding the amount proposed in the show-cause notice conflicts with natural justice and CBDT Instruction No. 20/2015. The statutory computation of the slump-sale capital loss was therefore sustained. en-us Wed, 16 Sep 2026 00:00:00 +0530 Fri, 25 Sep 2026 08:16:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=799660 Section 50B prescribes a self-contained method for slump-sale capital gains, using the undertaking's net worth as acquisition cost and prescribed fair market value as consideration. Where Form 3CEA, the accountant's report and valuation comply with Rule 11UAE, net worth cannot be reduced to nil through extraneous adjustments. An addition exceeding the amount proposed in the show-cause notice conflicts with natural justice and CBDT Instruction No. 20/2015. The statutory computation of the slump-sale capital loss was therefore sustained. Case-Laws Income Tax Wed, 16 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=799660