The master plate of one movie cannot be used for another and for ...
Film Master Plates: Unique to Each Movie, Tax Deductible as Revenue Expenditure Due to Their Raw Material Nature.
August 31, 2015
Case Laws Income Tax AT
The master plate of one movie cannot be used for another and for every movie a new and different master plate is required; indicating that the master plate is nothing more than raw material - expenditure is in the nature of revenue and allowed - AT
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