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Rule 54 of Income Tax Rules - Form of report of an accountant in respect of slump sale.

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Last Updated: 01-04-2026

54. Form of report of an accountant in respect of slump sale. [i]

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.

 

[i] This Rule was inserted by N No. 22/2026 dt. 20-03-2026 wef 01-04-2026.