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Knowledge Bank / Income-tax Rules, 2026 / Rule 54
Rule 54Published

Rule 54: In case of a slump sale under section 77(4), every assessee is required to submit a report from an a

Is rule section 77(4), section 515(3)(b) ke under apply karne ke liye prescribed form ka istemal batata hai. Form ko sahi format mein bharna mandatory hai, anya form valid nahi hogi.

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  • Key takeaways
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  • Bare law

Bare law

Rule 54 - 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. Conditions for reference to Valuation O

54. 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.

Conditions for reference to Valuation Officers under section 91(1)(b).

Rule breakdown

54. 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.

Conditions for reference to Valuation Officers under section 91(1)(b).

Key takeaways

Legal Provision

Yeh rule section 77(4), section 515(3)(b) ke under delegated legislation hai. Act ke relevant provisions ke saath iska alignment hona zaroori hai.

  • section 77(4), section 515(3)(b) ke under yeh rule framed hai
  • Amendment time to time ho sakte hain

Prescribed Form

Rule me specified form fill karna mandatory hai, uske bina application invalid hogi.

  • Self-declaration ya anya form valid nahi hogi
  • Form ke instructions carefully follow karein
  • Supporting documents attach karna chahiye

Penalty Risk

Non-compliance ke under penalty apply ho sakti hai.

  • Penalty amount case-by-case depend karta hai
  • Early compliance se penalty avoid ho sakti hai

Professional Advice

Complex provisions ko samajhne ke liye apne CA/CS se consult karein.

  • CA se help lene se mistakes kam ho jati hain
  • Accurate filing ke liye expert guidance zaroori hai

FAQs

Is rule section 77(4), section 515(3)(b) ke under kaise aata hai?

Is rule Income-tax Act, 2025 ke section 77(4), section 515(3)(b) ke under delegated legislation hai aur Income-tax Rules, 2026 ka part hai.

Is rule kab se applicable hoga?

Is rule 1st April, 2026 se applicable hoga. Jab tak koi amendment nahi aati, yeh current form mein valid rahegi.

Isme kaunsa form use karna hai?

Rule me specific prescribed form ka use bataya gaya hai. Form Appendix mein diya gaya hai ya relevant authority se available hai. Sahe format mein bharna zaroori hai.

Non-compliance ka kya impact hai?

Rule ke provisions follow nahi karne par penalty, disallowance of claim, ya rejection ho sakta hai. Compliance maintain karna better hai.

On this page

  • Rule breakdown
  • Key takeaways
  • FAQs
  • Bare law

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