OPINION
EDITORIAL
Perception deficiency
HAVING ONCE BEEN the preferred suppliers of AIDS drugs especially to the less-developed countries, Indian pharmaceutical companies now seem to be caught in a perception warp with many of their anti-retroviral (ARVs) drugs being put under the ...
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TAXATION
Meal is now defined
R. Anand on the recent clarifications in the realm of perquisite valuation
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A nail for falsehood
T. C. A. Ramanujam on a Madras High Court case that involved false statements before the taxman
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The unnecessary writs
T. N. Pandey on the futility of challenging the constitutional validity of tax laws
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Can't blame the manufacturer if men used women's shirts
MOPEDS may be out of fashion on city roads, but the recent case of Balkrishna Industries Ltd that came before the Mumbai Customs, Excise and Service Tax Appellate Tribunal (CESTAT) was about a moped dispute. ...
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Sticklish issues
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TRAVEL & PLACES
A 6.7 shake-up
THERE is something aseptic about every visit abroad, especially if one has been out of the country a number of times. If one is going to the West, the visuals are uniformly similar — the glass highrises, the broad ...
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INCOME TAX
Scrutinise wisely, not just widely
If the idea of selecting returns for scrutiny is to be truly effective it should not cover tax-payers regularly contributing to the Exchequer. The scrutiny should be calibrated to bring into the net persons who have the potential to pay tax even in f uture. The evidence must be collected unobtrusively and innovatively. Even after 50 years, it is not too late to send the message that the honest will not be harassed and penalised, but that persistent tax defaulters will be brought to book, says < B> H. P. Ranina.
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BOOKS
Secular because we're Indian, not because we're Hindu
IT IS common for Ministers to talk gas, much to our discomfort. However, when the Petroleum Minister, Mr Mani Shankar Aiyar, talked about gas a couple of days ago, announcing that the LPG price would not go up in steady ...
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