Section 50B(3)

(3) Every assessee, in the case of slump sale, shall furnish in the prescribed form along with the return of income, a report of an accountan t as defined in the Explanation below sub -section ( 2) of section 288, indicating the computation of the net worth of the undertaking or division, as the case may be, and certifying that the net worth of the undertaking or division, as the case may be, has been correctly arrived at in accordance with the provisions of this section. 2[Explanation 1.-For the purposes of this section, “net worth” shall be the aggregate value of total assets of the undertaking or division as reduced by the value of liabilities of such undertaking or division as appearing in its books of account: Provided that any change in the value of assets on account of revaluation of assets shall be ignored for the purposes of computing the net worth. Explanation 2.-For computing the net wor th, the aggregate value of total assets shall be, -