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REASSESSMENT
Gifts from abroad
There is a popular misconception that gifts received from abroad through bank drafts will be exempt from income- tax. There have been several court rulings pointing out that the nature of the transaction will have to be looked into. The ... More

EAR TO THE GROUND
Hitachi Home hits new peaks
Hitachi Home & Life Solutions India Ltd has been gaining strength on the bourses by registering new peaks on each passing day. The stock on Friday touched its 52-week high at Rs 150.95 though it ended weak by 3.48 per cent at Rs 140.10 ... More

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