Scope of Sec 285B widened to expand the reporting requirements in Form 52A

Last updated: 03 February 2022

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The scope of Section 285B has been expanded to include individuals involved in various specified activities beyond just film production. This means more entities will need to report payments exceeding Rs. 50,000 made to individuals. These specified activities include event management, documentary production, and content creation for TV or streaming platforms. The updated reporting requirements, which apply to Form 52A, are effective from April 1, 2022.

Widening the scope of reporting by producers of cinematograph films or persons engaged in specified activities

1. Under section 285B, the producer of cinematographic films is obliged to furnish within 30 days from the end of the financial year or from the date of completion of the film, whichever is earlier, a statement containing particulars of all payments over Rs. 50,000/- in the aggregate made by him or due from him to each person engaged by him.

2. It is proposed to widen the scope of section 285B to include persons engaged in specified activities to expand the reporting requirements in Form 52A. "Specified Activities" would mean event management, documentary production, production of programs for telecasting on television or over the top platforms or any other similar platform, sports event management, other performing arts or any other activity as the Central Government may, by notification in the Official Gazette, specify in this behalf.

Form 52A Reporting Requirements Widened for Film Producers

3. This amendment will take effect from 1st April 2022.

[Clause 84]

FAQ :

Section 285B requires the producer of cinematographic films to furnish a statement detailing all payments over Rs. 50,000 made or due to each person engaged by them.

The scope of Section 285B has been widened to include persons engaged in specified activities, not just film producers, thereby expanding reporting requirements in Form 52A.

Specified Activities include event management, documentary production, program production for TV or streaming platforms, sports event management, performing arts, and any other activity the Central Government may notify.

These amendments are effective from 1st April 2022.

Payments over Rs. 50,000 in aggregate made to each person engaged are subject to reporting.

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