Film producer
This query is : Resolved
30 January 2015
can anybody explain taxation of income of film producer .
what is the recognitoon rules of income and expenses to make film by producer.
CA NAVEEN SINGLA
(Expert)
30 January 2015
Income are Selling Price of Movie to various Cinema Halls/Multiplexes Etc.
Expenses are Fees paid to Directors/heroes/Heroines and Various Actors/Co-Actors.
Movie setup Expenses are also Revenue Expenses.
Interest on Bank Loans are Financial Charges.
Plz confirm are u satisfied or need further clarification
Income are Selling Price of Movie to various Cinema Halls/Multiplexes Etc.
Expenses are Fees paid to Directors/heroes/Heroines and Various Actors/Co-Actors.
Movie setup Expenses are also Revenue Expenses.
Interest on Bank Loans are Financial Charges.
Plz confirm are u satisfied or need further clarification
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
