The Hindu Business Line : Saturday, July 14, 2007

DETAXFICATION
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

REASSESSMENT
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

EAR TO THE GROUND
Earning doubts weigh down TCS
Even as the IT majors such as Infosys, Satyam Computer and Wipro finished on a firm note, TCS was on the other side. The stock fell 2.10 per cent – the biggest loser in BSE IT index – on higher volumes of 3.81 lakh shares ... More

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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
As clear as founts in July