Form 10CCBA, Download Income Tax Form 10CCBA in PDF Format

FORM NO. 10CCBA for Audit Report under Section 80-IB (7A). FORM NO. 10CCBA audit report is furnished by an assessee who claims deduction under section 80-IB (7A) in respect of the profit and gains derived from the business of building owning and operating a multiplex theatre.

(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 not be 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.

(c) Total seating capacity of all the cinema theatres comprised in the multiplex shall be at least 900 seats, and no cinema theatre should consist of less than 100 seats.

(d) The total built-up area occupied by all the commercial shops comprised in the multiplex theatre shall not be less than 3000 sq. ft., and the minimum built-up area of each shop shall not be less than 250 sq. ft.

(e) There shall be at least one lobby or foyer in the cinema theatres, whose area shall be at least 3 sq. ft. per seat.

(f) The multiplex theatre shall have adequate parking, toilet blocks and other public conveniences, as per local building or cinema regulations, and shall also fulfil all local building or cinema regulations in respect of fire and safety.

(g) The cinema theatres comprised in the multiplex theatre shall use modern stereo projection systems with at least two screen speakers per screen and one surround speaker per 25 seats in a theatre.

(h) The cinema theatres shall use seats with seat pitch not less than 20″ (centre to centre).

(i) Ticketing system employed by the cinema theatres shall be fully computerised.

(j) The multiplex theatre cinema shall be centrally air-conditioned.

Explanation.—For the purposes of this rule, the expression “modern stereo projection systems” shall consist of xenon lamp, platter and digital sound systems.

(2) A separate report of the audit, shall be furnished along with the return of income in respect of each eligible multiplex theatre, in Form No. 10CCBA 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, as the case may be, from the town planning authority or municipal corporation, certifying the completion of the multiplex theatre, during the period commencing on the 1st day of April, 2002 and ending on the 31st day of March, 2005; and

(e) operating license issued by the concerned licensing authority.

(4) After the first year of claim of deduction, in the subsequent four years, the audit report shall be enclosed with the operating license issued from time to time, by the concerned licensing authority for exhibition of cinema.

 

FORM NO. 10CCBA

[See rule 18DB]

Audit report under section 80-IB (7A)

1.

Name of the assessee

:

2.

PAN

:

3.

Status

:

4.

Share in the ownership of the multiplex

:

 

(a) Fully owned by assessee

Yes

No

(b) Partly owned by assessee

Yes

No

(c) If yes, please specify the percentage of ownership

:

5.

Name and address of the multiplex

:

6.

Date of commencement of operation by the multiplex

:

7.

Initial assessment year

:

 

8.

Approval from licensing authorities under the State License Regulation (attach copy of approval) :

Approval

Issuing authority

Approval date & No.

(a)

No-Objection Certificate with respect to the location of the multiplex

(b)

Permission for construction of the multiplex

(c)

Building permission

(d)

Completion certificate/occupation certificate

(e)

Operating license

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 Number

Built-up area Seats

No. of surround speakers

No. of screen speakers

(1)

(2)

(3)

(iv)

Total built-up area of all shops :

 

Shop Number

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) :

 

(d)

Whether ticketing system is fully computerized :

Yes

No

(e)

Whether multiplex cinema theatre and foyer/lobby are fully air-conditioned :

Yes

No

    10.    Details relating to computation of deduction:

Other receiptsSale of TicketsSale of eatables, etc.Advertisement receipts within the Cinema area

(Amount in rupees)

(i)Receipts from Cinema

Theatre 1:

Theatre

Theatre 2:

Theatre 3:

Total

(ii)Receipts from shops

Shop 1:

Shop 2:

Shop 3:

Total

(iii)

Other receipts

:

(iv)

Profit derived from the business of building-owning-operating of multiplex theatres: (amount in rupees)

(v)

Deduction under section 80-IB(7A) (amount in rupees)

Declaration

I/We have examined the balance sheet of the above multiplex theatre styled
and belonging to the assessee M/s.
(Permanent Account No.
) as at
and the profit and loss account of the said multiplex theatre for the year ended on that date which are in agreement with the books of account maintained at the head office at
and branches at

I/We have obtained all the information and explanations which to the best of my/our knowledge and belief were necessary for the purposes of the audit. In my/our opinion, proper books of ac-count 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 section 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 af-fairs of the above named multiplex theatre as at
, and

    (ii)    In the case of the profit and loss account, or the profit or loss of the multiplex theatre for the accounting year ending on

Place

Date

Signed

Chartered Accountant

 

 

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