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Saturday, July 19, 2008
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DETAXFICATION: 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 ...

MICROSCOPE: Satyam delivers on profit growth; outlook clouded
BL Research Bureau Satyam Computer has delivered a higher profit growth in the June quarter (17.3 per cent sequential growth) than its top tier peers, aided by volume growth, low growth in staff costs and a depreciating rupee. ...





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