https://www.taxtmi.com/acts?id=9520 The amendment grants a fifty per cent deduction of profits for five consecutive years to businesses building, owning and operating multiplex theatres and convention centres, subject to construction within a prescribed period, prohibition against deductions for undertakings formed by splitting up or reconstructing existing businesses or by transferring previously used buildings, machinery or plant, and the requirement that the assessee file a prescribed audit report signed by an accountant certifying the correctness of the deduction claim; municipal exclusions and definitions are prescribed for applicable facilities. en-us Tue, 21 Oct 2008 13:33:33 +0530 Tue, 21 Oct 2008 13:33:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=9520 The amendment grants a fifty per cent deduction of profits for five consecutive years to businesses building, owning and operating multiplex theatres and convention centres, subject to construction within a prescribed period, prohibition against deductions for undertakings formed by splitting up or reconstructing existing businesses or by transferring previously used buildings, machinery or plant, and the requirement that the assessee file a prescribed audit report signed by an accountant certifying the correctness of the deduction claim; municipal exclusions and definitions are prescribed for applicable facilities. Act-Rules F. Acts / Amendment Acts Tue, 21 Oct 2008 13:33:33 +0530 https://www.taxtmi.com/acts?id=9520