Section 285B of ITA, 1961 : Section 285B: Submission Of Statements By Producers Of Cinematograph Films
ITA, 1961
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Explanation using Example
Imagine that Rohan is a film producer who is working on a movie titled "Sunrise Saga". The production of the movie started in June 2022 and was completed in March 2023. Throughout the production, Rohan hired various artists, technicians, and other personnel. For some of these individuals, the total payments made during the financial year 2022-2023 exceeded fifty ...
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