Forms › Audit Reports & Capital Gains › Form 28

Form 28 — Accountant's report for computation of capital gains in a slump sale

Compiled — pending CBDT Appendix III cross-check D · Audit Reports & Capital Gains
Replaces old Form 3CEA. Under the Income-tax Act, 2025, this compliance now uses Form 28.
New form numberForm 28
Old form number3CEA
Act 2025 reference77(4)
CategoryD · Audit Reports & Capital Gains
Applies fromTax Year 2026-27 (from 1 April 2026)

What is Form 28?

Form 28 is the Income-tax Act, 2025 form titled “Accountant's report for computation of capital gains in a slump sale”. It replaces the earlier Form 3CEA used under the Income-tax Act, 1961 (and the Income-tax Rules, 1962). The purpose of the form is unchanged — the number and format have been updated under the new law.

It falls under the Audit Reports & Capital Gains category and relates to Section 77 of the Act, and applies to Tax Year 2026-27 (AY 2026-27) onwards, i.e. from 1 April 2026.

A fuller plain-language explainer for Form 28, reviewed by our Chartered Accountants, is being added.

📘 Where this is written in the Act: Form 28 is governed under Section 77 of the Income-tax Act, 2025.
📖 Read Section 77 explained 🔎 Verify in the official Act (PDF)

Transitional rule — which form applies?

⚠️ Which form applies depends on the tax year the compliance relates to, not the calendar date you file. Proceedings for tax years beginning before 1 April 2026 (assessments, appeals, TDS for transactions up to 31 March 2026, and Section 89 relief for those years) continue on the old forms.

Frequently asked questions

What is the new form for Form 3CEA?

Under the Income-tax Act, 2025, old Form 3CEA is replaced by Form 28 — Accountant's report for computation of capital gains in a slump sale. It applies to Tax Year 2026-27 onwards.

From when does Form 28 apply?

It applies to Tax Year 2026-27 (AY 2026-27) onwards, i.e. from 1 April 2026. Compliance relating to earlier tax years continues on the old forms.

Related forms in this category

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This directory is compiled from official CBDT / incometax.gov.in sources and reputable references, and is being reconciled against the Gazette-notified Income-tax Rules, 2026 (Appendix III). Forms marked “compiled” are pending that final cross-check. This is general information, not tax advice.