FORM NO. 3CEA      
 [See rule 6H]  

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  

  
  
1.  Particulars of the assessee effectin the slump sale : 
 ....................................... 
 ....................................... 
  (a)  Name 
  (b)  Address 
 ....................................... 
  (c)  Permanent account number 
 ....................................... 
  
  (d)  Nature of business 
2.  Details of undertaking or division, transferred by way o slump sale :   
 ......................................... 
  (a)  Address/Location 
  (b)  Nature of business 
 ......................................... 
3.  (a)  Book value of the fixed assets of the assessee effecting the slump sale  ......................................... 
 ......................................... 
  (b)  Book value of the fixed assets of the undert aking or division, transferred 
by way of slump sale 
 .......................................... 
  (c)  Ratio of (b) to (a) 
  (d)  Where the assessee has more than one undertaking or division, being 
transferred by way of slump sale, the ratio as computed in item 3(c) 
above in respect of each undertaking or division 
 ........................................ 
4.  Name, address and permanent account number of the person who has 
purchased the undertaking of division referred to in item 2.  .......................................... 
5.   Date of slump sale of the undertaking or division referred to in item 2.   ........................................... 
6.  Amount of consideration received for slump sale referred to in item 2.  .......................................... 
7.  Net worth of the assessee effecting the slump sale : 
 .......................................... 
(a) Paid up capital 
  (b) Free reserves credited out of the profits and share premium account but 
does not    
     include reserves credited out of revaluation of assets, write back of 
depreciation  
     provisions and amalgamation : 
  
  (i) 
 Rs...................................... 
 Rs...................................... 
  (ii) 

 Rs...................................... 
  (iii) 
 Rs...................................... 
  (iv) 
 Rs...................................... 
  (c) Total 
8.  Indicate the computation of the net worth of the undertaking or division 
                               
referred to in item 2 which is transferred by way of slump sale. 
(Net worth of the undertaking or division should be computed keeping in 
view the ratio mentioned in item 3(c) above.  Please attach separate sheet, if 
necessary) 

..........................................  

 .......................................................... 
 Signed 

 Accountant 

  

  

  
 
 Certification   

  
          I/We ..............................................(name) have examined the accounts and records of  ............................ 
during the year ended on ....................................................................... (name and address of the assessee) 
I / We  have obtained  all the information  and  explanations  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. 

 

 
Place....................................  
....................................................... 
Signed 
Date.....................................  
 Accountant