The Central Board of Direct Taxes has released the Income Tax (32nd Amendment) Rules, 2021 to further make amendments to the Income Tax Rules, 1962. Under the amended Rules, Form No. 52A which is a statement to be furnished to the Assessing Officer under section 285B of the Income Tax Act, 1961, in respect of production of a cinematograph film has been amended.
Here is the format of the New Form No. 52A:
“FORM NO. 52A
[See rule 121A]
Statement to be furnished to the Assessing Officer under section 285B of the Income-tax Act, 1961, in respect of production of a cinematograph film
Click here to read the official notification.
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