TMI BlogIncome-tax (Ninth Amendment) Rules, 2001X X X X Extracts X X X X X X X X Extracts X X X X ..... to amend the Income-tax Rules, 1962, namely:-- 1 (1). These rules may be called the Income-tax (Ninth Amendment) Rules, 2001. (2) They shall come into force on the date of their publication in the Official Gazette. 2. In the Income-tax Rules, 1962, in Appendix II, for Form No. 3CEA, the following shall be substituted, namely "FORM No. 3CEA [See rule 6H] Report of an accountant t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ...... 5. Amount of consideration received for slump sale refer red to in item 2 ................... 6. Net worth of the undertaking or division referred to in item 2: ( a ) In the case of depreciable assets, written down value of the assets of the undertaking or division transferred by way of slump sale, determined in accordance with sub-item (C) of item ( i ) of sub clause ( c ) of clause ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ations which to the best of *my-our knowledge and belief were necessary for the purposes of ascertaining and computing the net worth of the undertaking or division which has been transferred by way of slump sale. *I-We certify that the net worth of the undertaking or division has been computed correctly in accordance with the provisions of section 50B of the Income-tax Act, 1961. ............. ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
