Slump Sale Amendment Rules

Last updated: 26 May 2021
Quick Summary
This document details the Slump Sale Amendment Rules, notified on 24th May 2021, under the Income-tax Act, 1961. It provides a clear method for calculating the Fair Market Value (FMV) of capital assets involved in a slump sale. The rules outline two FMV calculation methods (FMV1 and FMV2) and specify the components to be included or excluded in each. This is crucial for businesses and tax professionals undertaking slump sale transactions.

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Slump Sale Amendment Rues as notified by CBDT on 24 May 2021 #docx
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Submitted by · Posted 26 May 2021 · Other files by CA Shubhangi Jain · Report
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