Amendment of section 80-IB

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..... of March, 2004" shall be substituted; (b) after sub-section (7), the following sub-sections shall be inserted, namely:- "(7A) The amount of deduction in the case of any multiplex theatre shall be- (a) fifty per cent, of the profits and gains derived, from the business of building, owning and operating a multiplex theatre, for a period of five consecutive years beginning from the initial assessm .....

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..... ii) the assessee furnishes along with the return of income, the report of an audit in such form and containing such particulars as may be prescribed and duly signed and verified by an accountant, as defined in the Explanation below sub-section (2) of section 288, certifying that the deduction has been correctly claimed. (7B) The amount of deduction in the case of any convention centre shall be- .....

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..... containing such particulars as may be prescribed, and duly signed and verified by an accountant, as defined in the Explanation below sub-section (2) of section 288, certifying that the deduction has been correctly claimed."; (b) in sub-section (14),- (i) after clause (a), the following clause shall be inserted, namely:- '(aa) "convention centre" means a building of a prescribed area comprising .....

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