https://www.taxtmi.com/circulars?id=69010 Audit identifies inconsistent AO treatment of pre operative expenses, failure to verify production reimbursements and foreign incentives, ineffective monitoring and non use of Form 52A (lacking PAN and non submission), weak inter unit and inter agency data sharing (including state entertainment tax and CBFC), absence of TDS on distribution rights under production and inconsistent withholding on foreign line producer payments, and recurring procedural and computational assessment errors; recommends CBDT instructions, Form 52A redesign and proactive enforcement, refined codes for emerging segments, centralized assessment in film circles, improved data exchange and IT based validation of tax computations. en-us Tue, 21 Oct 2025 00:00:00 +0530 Wed, 11 Feb 2026 16:00:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=69010 Audit identifies inconsistent AO treatment of pre operative expenses, failure to verify production reimbursements and foreign incentives, ineffective monitoring and non use of Form 52A (lacking PAN and non submission), weak inter unit and inter agency data sharing (including state entertainment tax and CBFC), absence of TDS on distribution rights under production and inconsistent withholding on foreign line producer payments, and recurring procedural and computational assessment errors; recommends CBDT instructions, Form 52A redesign and proactive enforcement, refined codes for emerging segments, centralized assessment in film circles, improved data exchange and IT based validation of tax computations. Circulars Income Tax Tue, 21 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/circulars?id=69010