Business Daily from THE HINDU group of publications
Saturday, July 28, 2007
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Markets (July 27)
BSE Sensex15234.57 (-541.74)
S&P CNX Nifty4445.20 (-174.60)
US Dollar (Buy/Sell)40.52 (+0.13)


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OPINION

EDITORIAL
Mutually beneficial
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FOREX
Why a dollar collapse may not push up rates
The articles ‘US Fed: Between Scylla and Charybdis’ (Business Line, June 18) and ‘The collapsing dollar’ (Business Line, July 27) have made a combination of short- and long-term forecasts for the US economy, the dollar and ... More

Preserving rupee profitability
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TAXATION
When loans may be treated as income
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INCOME TAX
Disallowance of unaccounted business transactions
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(Un)conscious concealment
Concealment or furnishing inaccurate particulars of income is liable for penalty. The concealment may be deliberate or otherwise. Provisions relating to concealment penalty have undergone frequent changes . For example, the Finance (No. 2) Act, ... More

Questions on I-T returns
Worried about the consequences of not filing your income-tax (I-T) return by July 31? If yes, here is a quick Q&A, with inputs from Mr V.K. Subramani, an Erode-based chartered accountant.First, what are the due ... More

LETTERS

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    Union Budget 2007-08

    Railway Budget 2007-2008

    Economic Survey 2006-2007

    Top Stories
    TN setting up electronic hardware park

    Shift tack for boosting business, RRBs told

    TeamLease plans to hire 80,000 people

    Area under most kharif crops up

    ‘Nuke deal completion to boost further Indo-US ties’

    First Indian plane to fly over North Pole

    Companies to get their own postal pin codes

    Looking back
    Jul. 15-Jul. 21
    Making Mumbai an international finance centre

    Growth and adjustment after East Asian crisis

    Weak rupee not the cure-all

    Reserve additions, over a barrel

    Rent, security deposit, it’s all TDS



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