The Hindu Business Line : Saturday, July 19, 2008

INTERVIEW: A favourable ruling on referral fee
In a recent case, the Authority for Advance Rulings held that referral fee was not royalty or fees for technical services and hence not taxable in India as business income, as the company concerned did not have a permanent establishment in ...

INCOME TAX: Taxability of VRS compensation
Section 10(10C) of the Income-Tax Act, 1961 exempts payments received by a salaried employee from the employer under a Voluntary Retirement Scheme up to Rs 5 lakh. The law requires that the scheme should be framed in accordance with the ...

TAXATION: Deductibility of political donations
In the article ‘Bringing political donations to book’ (Business Line, June 28), the author has expressed the view that “the bottom line therefore is while a company would fall foul of the company law if it ...

EDITORIAL: Spotlight on solar
With oil prices up and away, commercial interest in renewable energy is on the rise. While wind energy has been the leader in this segment, both worldwide and in India, a turnaround in solar power is on the cards, with corporates lining up ...

INCOME TAX: TDS certificates
The issue raised in this article may seem meaningless to a lay person filing his or her income-tax return given the fact that all the forms prescribed for filing the return for the assessment year 2008-2009, the last date for which is upon us, ...

POWER: Why the nuclear deal is important — Reflections on the power mix
The political tussle over the nuclear deal is nearing its denouement. The debate has generated much heat and a surfeit of arguments on both sides. But there are a few crucial issues concerning the role of nuclear power in the electricity sector ...

LETTERS:

Windfall profit