OPINION
EDITORIAL
Accounting for power
Providing States the right incentives should get them to act, as they do realise the power sector is the weakest link in infrastructure.
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STEEL
Steel: Building on Asia’s strengths
Increasing demand for stainless steel has been witnessed from users across construction, transport and several industrial sectors, and steel use is set to grow by leaps and bounds in India and China, though the latter’s per capita consumption o f the metal is far higher than the former’s, says N. C. MATHUR.
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TAXATION
Textile mills in a tax spin
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Tribunal’s power to grant stay of demand
The amendments made indicate that the grant and continuance of interim relief would depend on a strong prima facie case that the delay in disposal of appeal is not attributable to any act of the assessee.
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Vodafone vs the taxman
Once a while, a marquee case lands in the Income-Tax department which invariably stares at a huge tax claim. The Vodafone case appears to be one such in 2007. Taking over Hutchison Essar for $11.1 billion after a tense wait at the door of the ...
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Law on `borrowed words'
In a recent taxation case, the apex court had to also consider a complaint of plagiarism. The issue was about a land deal - with the assessee saying that the sale consideration was Rs 4.10 lakh, as in the documents, and the taxman arguing that ...
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Reopening tax assessments
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LETTERS
Infrastructure woes
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