The Hindu Business Line : Saturday, June 11, 2005

MSEB unplugged
THE MAHARASHTRA STATE Electricity Board (MSEB) has been unbundled. Apart from entities that will take care of generation, transmission and distribution, the State Government, acting in the face of an unprecedented power crisis, has also carved ... More

AUDITING

Sins of the past
T. C. A. Ramanujam on a disciplinary proceeding that found a CA guilty of backdating an audit report More

ECONOMY

The road ahead for the EU
DOES THE European Union today find itself at the crossroads which may even affect the original dream of Jean Monnet and his band of enthusiasts who signed the Treaty of Rome on March 25, 1957, heralding a new Europe? ... More

TAXATION

Losses when profits are seen as capital gains
S. Murlidharan on how the movers and shakers of the stock market have been let off the tax hook More

No joy in simply transferring assets
Income transferred to any entity without transferring the underlying asset remains the income of the transferor and must be assessed in his hands, as rightly provided by Section 60 of the Income-Tax Act, says H. P. Ranina. More

Weeds in the ability zone
T. N. Pandey argues in favour of taxing the affluent agriculturists More

CA's certificate is not a gospel truth to be accepted uncritically
WRITING is manual labour of the mind, said John Gregory Dunne, comparing it to any other job, "like laying pipe". This week, therefore, we shall apply our mind to a case about pipes, Pragathi Concrete Products P Ltd vs Commissioner of Central ... More

BOOKS

Law can cost too much for those who can ill afford it
THERE are many laws in economics. Likewise, there is much economics in law too, if one were to consider the costs involved in getting justice. "Going to law is losing a cow for the sake of a cat," frets Mark Twain, to ... More

CARTOON