9911796707
TMI BlogIncome-tax (27th Amendment) Rules, 2002X X X X Extracts X X X X X X X X Extracts X X X X ..... ed, namely: - "18DB- Prescribed area, facilities and amenities for multiplex theatres and particulars of audit report, for deduction under sub-section (7A) and clause (da) of sub-section 14 of section 80-IB (1) For the purpose of sub-section (7A) and clause (da) of sub-section 14 of section 80-IB, the multiplex theatre shall have the following area, facilities and amenities: - (a) The total built-up area occupied by all the cinema theatres comprised in the multiplex shall be not less than 22,500 square feet, and shall consist at least 50% of the total built-up area of the multiplex excluding the area specified for parking. (b) The multiplex theatres shall be comprised of at least three cinema theatres and at least three commercial shops ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... m Number, 10-CCBA and shall be duly signed and verified by an accountant as defined in the Explanation below sub-section (2) of section 288. (3) In the first year of the claim of deduction, the assessee shall enclose along with the audit report, a copy of approvals for exhibition of cinema given by various State or local authorities, which shall, where applicable, include the following:- (a) no-Objection-Certificate with respect to the location of the multiplex by the concerned licensing authority; (b) permission for construction of the multiplex by the concerned licensing authority; (c) permission to construct the building from the town planning authority or municipal corporation; (d) completion certificate or occupation certificate, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ense 9.TECHNICAL DETAILS OF MULTIPLEX THEATRE (i) Total built-up area of Multiplex theatre (excluding parking area): (ii) Total built-up area of all cinema theatres:________________ (iii) Theatre No. Built-up area Seats No. of surround speakers No. of screen speakers (1) (2) (3) (iv) Total built-up area of all shops: Shop No. Built-up area Business Air-conditioned (Y/N) (1) (2) (3) (V) No. of lobbies/foyer Floor area Air-conditioned (Y/N) (VI) Technical specification of cinema theatre (a) Whether theatres have stereo projection system with Xenon Lamp and platter YES..... NO....... (b)Whether theatres have stereo sound system. (Dolby, Digital or DTS) YES..... NO....... (c) Seat pitch (Centre to centre) (in inches): ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... HAVE BEEN KEPT BY THE HEAD OFFICE AND THE BRANCHES OF THE MULTIPLEX THEATRE AFORESAID VISITED BY *ME/US SO FAR AS APPEARS FROM *MY/OUR EXAMINATION OF BOOKS. AND PROPER RETURNS ADEQUATE FOR THE PURPOSES OF AUDIT HAVE BEEN RECEIVED FROM BRANCHES NOT VISITED BY * ME/US, SUBJECT TO THE COMMENTS GIVEN BELOW:- IN MY OPINION. THE MULTIPLEX THEATRE SATISFIES THE CONDITIONS STIPULATED IN SECTIONS 80-IB AND THE AMOUNT OF DEDUCTION CLAIMED UNDER THIS SECTION IS AS PER THE PROVISIONS OF THE INCOME TAX ACT, AND IN *MY/OUR OPINION AND TO THE BEST OF *MY/OUR INFORMATION AND ACCORDING TO EXPLANATIONS GIVEN TO *ME/US, THE SAID ACCOUNTS GIVE A TRUE AND FAIR VIEW- (i) IN THE CASE OF THE BALANCE SHEET, OF THE STATE OF AFFAIRS OF THE ABOVE NAMED MULTIPLEX T ..... X X X X Extracts X X X X X X X X Extracts X X X X
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