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Monday, February 16, 2004

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ACCOUNTANCY


Bills in bank and bonus to broker
THE following particulars are extracted from the (trial balance) books of the Commercial Bank Ltd for the year ending March 31, 2003: i) Interest and discounts — Rs 1,96,62,400 ii) Rebate on bills discounted ... More

TAXATION


My would-be's dad wants to gift me a house
I AM a salaried person, about to get married. My father-in-law-to-be has a house which he wants to gift to me and my wife-to-be in equal proportions. Can I continue to claim interest that my ... More

TRENDS


`Science + Patents + Capital = Biotechnology'
STORY so far: There is the din of BPO backlash in the background and I attend a NASSCOM meet where the speakers comfort the audience in so many words that `we shall overcome'. I realise there is pragmatism in ... More

BOOKS


Invest money and time, not merely consume
IT IS EITHER this or that. Life is a compromise. There are priorities. You cannot have the cake and eat it too. All these statements are too clichéd; but these are what we hear when most people who are successful at ... More

Never too big for toons
JULY 1999. "Azim Premji pushed Ispat's L. N. Mittal off the perch as the world's richest Indian." Then there is an accompanying cartoon showing Premji riding a massive truck. May 1998: "In came R. Seshasayee, safely in ... More


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Bills in bank and bonus to broker


`Science + Patents + Capital = Biotechnology'

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