Cinestaan is a Mumbai-based Indian entertainment company that aims to promote new talent and foster a culture of innovation in the film industry. Its core focus is on the creation and distribution of original content across multiple platforms.
The company has two subsidiaries 247sports.biz: C International Sales and Cinestaan AA Distributors (JV with AA Films). Its films have earned numerous accolades in the international market, including nominations for awards at the Cannes, Berlin and Venice Film Festivals.
In addition, Cinestaan is the India-connected distributor for some of the world’s top independent filmmakers, such as Pawel Pawlikowski’s Cold War and Gitanjali Rao’s hand-painted animation Bombay Rose. Its latest acquisition is the BIFA-nominated human rights documentary Even When I Fall.
Founded by Rohit Khattar and Amit Shyam Khansaheb, the company’s main goal is to provide a platform for artists, filmmakers and writers to showcase their work in a variety of media formats and connect with audiences from around the world.
The first project that the company is working on is a co-production with ROMP Pictures, a studio of actor-filmmaker Rakeysh Om Prakash Mehra. The movie will be titled Mirziya and will star Harshwardhan Kapoor.
Another project is Aasha The Street Dog, which is set in Delhi. It will feature dogs, pigs, camels and goats in the story of a family that learns to love and accept each other.
One of the biggest challenges dseklmsspace.com in starting a film company is finding the right people for your team. At Cinestaan, the company has a wide range of talented individuals from all walks of life who share a passion for cinema.
While the company is relatively new to the field, they have already established a reputation for quality films that have a strong India connection and a global audience in mind. The company also has a team of experienced executives who are dedicated to helping the organization grow and succeed.
In the case of a startup, determining a fair money value on the basis of net asset value (NAV) or discounted cash flow (DCF) is a widely accepted method of valuation. However, the income tax department had challenged the company’s valuation on the ground that it was based on projections, which are susceptible to change over time.
According to a recent ruling by the High Court of Delhi, the income tax department cannot challenge the methodology adopted by the company in its valuation process. The court said that the company had used the DCF method to value their shares and it had a right to determine a fair money valuation on that basis.
The court ruled that the company was entitled to a refund of taxes paid on the amount of dividend received from polyvore.life its stockholders because it was eligible under Section 56(2)(viib) of the Income Tax Act. It is important to note that the court ruled in favour of the company and stated that the ITAT’s order was not valid because it did not take into consideration the fact that Cinestaan was a startup and had adopted a common, well-recognized method for valuing its shares.
