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of <h1>Multiplex Theatres Need to Meet Specific Criteria for Tax Deductions Under Section 80-IB: Built-Up Area, Seating, Amenities</h1> For multiplex theatres to qualify for tax deductions under section 80-IB, they must meet specific criteria: a minimum built-up area of 22,500 sq. ft., at least three cinema theatres and three commercial shops, a seating capacity of at least 900, and modern amenities like stereo projection systems and computerized ticketing. Facilities must include adequate parking and public conveniences. An audit report in Form No. 10CCBA must accompany the income return, along with necessary approvals from local authorities. In subsequent years, an operating license must be submitted. The multiplex must be centrally air-conditioned and comply with local safety regulations.
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