Rule 9A does not apply to abandoned feature films and that the ...
Abandoned Feature Films: Production Costs Classified as Revenue Expenditure u/r 9A, Not Capital Expenditure.
October 7, 2015
Circulars Income Tax
Rule 9A does not apply to abandoned feature films and that the expenditure incurred on such abandoned feature films is not to be treated as a capital expenditure. The cost of production of an abandoned feature film, is to be treated as revenue expenditure and allowed - Circular
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