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of <h1>Rule 9A: Deduction Process for Film Production Expenses Explained, Conditions for Full and Partial Deductions</h1> Rule 9A of the Income Tax Rules, 1962, outlines the deduction process for expenses incurred in producing feature films. A film producer can deduct the cost of production if the film is certified for release by the Board of Film Censors within a given year. Full deduction is allowed if the film is sold or commercially exhibited at least 90 days before the year's end. If not, only the amount realized from sales or exhibition is deductible, with the remainder carried forward. The rule specifies conditions for accounting and allows the Assessing Officer discretion in certain cases. The rule applies to assessments from April 1, 1987, onwards.
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