Deduction under section 80-IB: audit certifies multiplex meets statutory conditions and supports claimed deduction for applicable assessment period. Form No. 10CCBA prescribes an auditor's report certifying that a multiplex satisfies the conditions for deduction under 80-IB(7A). It requires taxpayer identity and ownership share, licensing approvals, technical theatre specifications, detailed receipts and computation of deduction, and a declaration that books and returns were examined and that the deduction claimed conforms to the Income-tax Act, with the financial statements giving a true and fair view.
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Deduction under section 80-IB: audit certifies multiplex meets statutory conditions and supports claimed deduction for applicable assessment period.
Form No. 10CCBA prescribes an auditor's report certifying that a multiplex satisfies the conditions for deduction under 80-IB(7A). It requires taxpayer identity and ownership share, licensing approvals, technical theatre specifications, detailed receipts and computation of deduction, and a declaration that books and returns were examined and that the deduction claimed conforms to the Income-tax Act, with the financial statements giving a true and fair view.
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