The Hindu Business Line : Saturday, July 14, 2007

AIRLINES
Is Indian aviation a flying hazard?
In May, I wrote that this monsoon season might show how safe our skies are. Many questioned my misgivings as being too pessimistic. A look at what has happened the last two months shows that things are getting alarming.In the last two ... More

COURTS/LEGAL ISSUES
Aztec Software ruling will increase cost of compliance
The recent decision by a Special Bench of a Tax Tribunal, that avoidance of tax is not a condition precedent for invoking transfer pricing and ‘arm’s length price’ (ALP) computation provisions of the Income-Tax Act, has come as ... More

INFRASTRUCTURE
From islands to walled cities?
The SEZ Act has lost its original rationale for existence and is now being peddled as a vehicle for new towns. That is not the best way to plan new urban centres, says ASHOAK UPADHYAY More

TAXATION
Taxing investment gains — Getting the right measure
The assessing officer is endowed with a bent measuring stick, and litigation appears to be the only solution to get the right measure. More

Service law conundrums
Andrew Jackson once remarked: “The wisdom of man never yet contrived a system of taxation that would operate with perfect equality.” The levy of service tax in India appears to justify this quote. The T. R. Rustagi Committee ... More

‘Engineering’ tax evasion
Tax avoidance is legally and morally right. This has been judiciously recognised for decades. Even in the famous McDowell and Co. Ltd. v. CTO (154 I.T.R. 148), the majority view was that tax planning may be legitimate provided it is within the ... More

INCOME TAX
Finance Act, 2007 — Nuances of interpretation
More

LETTERS

BSNL issue

Science or Art?

Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line

Union Budget 2007-08

Railway Budget 2007-2008

Economic Survey 2006-2007

Top Stories
EU, US will monitor liquor duty decision

Aztec Software ruling will increase cost of compliance

Geojit approves $2 m for BNP Paribas joint Venture

Taxing investment gains — Getting the right measure

GSPC more than doubles capex budget

Adlabs, UTV testing waters in Tamil film industry

Centre defends wheat import contracts

TN will import cement for holding price line

Looking back
Jul. 1-Jul. 7
The return of the debt spiral

Stock market on a high — Lack of euphoria, a sign of maturity

Shift in RBI strategy to fight inflation?

The engineer behind the giant