Certificates of payments for three years from the person who had acquired the exploitation rights of the film must be obtained by the I.T. Officer so as to enable them to verify the correctness of the receipts disclosed.

Certificates of payments for three years from the person who had acquired the exploitation rights of the film must be obtained by the I.T. Officer so as to enable them to verify the correctness of the receipts disclosed. https://www.taxtmi.com/circulars?id=8901 I.T. Officers must maintain a separate detailed chart for each film to ensure full receipts are accounted for and that total amortisation does not exceed the cost of production; they must obtain certificates of payments from the person who acquired the film's exploitation rights covering a three year period to verify disclosed receipts, and the Inspecting Assistant Commissioner is responsible for ensuring strict compliance with these instructions. en-us Mon, 18 Sep 1972 00:00:00 +0530 Mon, 30 May 2011 17:51:00 +0530 TaxTMI RSS Generator Certificates of payments for three years from the person who had acquired the exploitation rights of the film must be obtained by the I.T. Officer so as to enable them to verify the correctness of the receipts disclosed. https://www.taxtmi.com/circulars?id=8901 I.T. Officers must maintain a separate detailed chart for each film to ensure full receipts are accounted for and that total amortisation does not exceed the cost of production; they must obtain certificates of payments from the person who acquired the film's exploitation rights covering a three year period to verify disclosed receipts, and the Inspecting Assistant Commissioner is responsible for ensuring strict compliance with these instructions. Circulars Income Tax Mon, 18 Sep 1972 00:00:00 +0530 https://www.taxtmi.com/circulars?id=8901