Business Daily from THE HINDU group of publications Saturday, November 08, 2008 ePaper | Mobile/PDA Version | Audio | Blogs |
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WEB EXTRAS IPOS: An unresolved issue gets resolved Companies mobilise funds when they come out with public issues of share capital. Normally, such funds are deposited in banks pending commencement of the project for which the company was started. Interest on such deposits accrue from the time ... STOCK MARKETS: DDT and closely-held companies In terms of Section 115-O of the Income-Tax Act (I-T Act), Dividend Distribution Tax (DDT) is payable by every domestic company on the dividend distributed to the shareholders. This regime applies as much to closely-held companies as it does ... COURTS/LEGAL ISSUES: Impact of assets discarded? For computing depreciation under the Income-tax Act, 1961, assets of the same category are grouped together and called "block of assets". The lawmakers have even defined the term as `group of assets falling within a class of assets in respect ... OUTLOOK: Tech Mahindra opens centre of excellence in UK Bangalore, Nov. 7 Tech Mahindra, a provider of solutions and services to the telecommunications industry, said on Friday it opened its sixth centre of excellence in South Tyneside, UK, to cater to an expanding European and North American ... Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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