https://www.taxtmi.com/manuals?id=1947 Special deduction is provided for a film distributor's cost of acquisition of feature film exhibition rights. The allowable amount is the price paid for exhibition rights, including a minimum guarantee amount, excluding positive print and advertisement . Full deduction is allowed where the film is commercially released at least ninety days before the end of the year and the relevant receipts are credited in the books. If commercial release occurs later, deduction is restricted to the amount realised in that year and the balance is carried forward. No deduction is allowed without commercial exhibition or sale of rights in the year of acquisition. en-us Tue, 07 Feb 2023 17:25:00 +0530 Thu, 28 May 2026 14:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=1947 Special deduction is provided for a film distributor's cost of acquisition of feature film exhibition rights. The allowable amount is the price paid for exhibition rights, including a minimum guarantee amount, excluding positive print and advertisement . Full deduction is allowed where the film is commercially released at least ninety days before the end of the year and the relevant receipts are credited in the books. If commercial release occurs later, deduction is restricted to the amount realised in that year and the balance is carried forward. No deduction is allowed without commercial exhibition or sale of rights in the year of acquisition. Manuals Income Tax Tue, 07 Feb 2023 17:25:00 +0530 https://www.taxtmi.com/manuals?id=1947