The Hindu Business Line : Saturday, March 17, 2007

TAXATION
Rents in the service tax net
This year's list of services sought to be taxed include renting of immovable property for use in commerce or business. More

Discrimination in levy of surcharge
Equating personal and company taxpayers is bad enough, but giving preference to companies over individuals is worse. More

Added DDT burden
Under the new dispensation, promoter shareholders getting huge dividends will be let off. More

Billionaires outside the tax loop
Two unrelated developments, happening as they did in the immediate aftermath of the Budget, made two telling revelations. The raid following a tip off provided by the random scrutiny of the return of one Hassan Ali Khan has revealed the ... More

SOCIAL WELFARE
Importance of awareness
Preventing disabilities More

INTERVIEW
Needed, accountability for adventurous tax demands
The root cause for all the `demand' woes is the fact that the assessing officer who takes an aggressive approach in formulating the assessment, which is subsequently reversed by a higher appellate authority, is not held accountable for his action. More

INCOME TAX
Relief from concealment penalty
In Budget 2007, relief from concealment penalty is prescribed for search cases. Section 271AAA, proposed to be inserted into the statute book, provides for a penalty equal to 10 per cent of the `undisclosed income'; the harsh concealment penalty ... More

ECONOMIC OFFENCES
A virtual blackhole
IT raids More

LETTERS

EPF reforms

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E-paper anouncement
Pick a Winner Stock Market Contest

Union Budget 2007-08

Railway Budget 2007-2008

Economic Survey 2006-2007

Top Stories
Havell's plans to shift some Sylvania production lines to India

Australia wants to invest in Indian retail sector

Ballarpur Ind acquires Malaysian co for $261 m

Wheat bonus may cost Centre over Rs 1,500 cr

Raw jute prices decline on Bengal mills strike

Looking back
Mar. 4-Mar. 10
Budget takes pointers from Economic Survey

The potential fallout of Basel II

ESOP fable — the tree-fruit debate