Provisions u/s 285-B of Income-tax Act, 1961.

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..... , 1976. The primary object of introducing the section is to check inflation of expenditure by film producers and to enable the Income-tax Department to obtain information regarding the payees for necessary action in their cases. This provision has come into force with effect from 1st April, 1976, and will apply in relation to films completed during Financial Year 1976-77 or payments made during Fi .....

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..... res that widest publicity should be given to this new provision inserted in Income-tax Act. The Officers working in the film Circles may be alerted to this. They may even write to the known film producers individually making them aware of the provisions. 4. A strict watch may be kept over the compliance with these provisions of the Act. - Circular - Trade Notice - Public Notice - Instructions .....

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