The reason for selecting statements (A), (B), and (D) as the correct statements about the depiction of the massacre of Cawnpore (Kanpur) in the newspaper 'Punch' is as follows:

(A) An allegorical female figure of Justice is depicted: This statement indicates that the depiction in the newspaper 'Punch' includes an allegorical representation of Justice.

(B) She bears a sword and shield in her hands: This statement describes the attributes or items held by the allegorical figure of Justice in the depiction.

(D) The female figure is shown trampling sepoys under her feet: This statement highlights a specific detail of the depiction where the female figure is shown trampling sepoys under her feet, indicating a violent or punitive aspect.

These three statements accurately describe the elements of the depiction in the newspaper 'Punch.' Statements (C) and (E) are not accurate in this context.