The Hindu Business Line : Saturday, May 02, 2009

OPINION

TERRORISM: Af-Pak strategy: Logistic nightmare
The Obama administration is in the process of finalising its new Af-Pak strategy to defeat Al-Qaeda and its allies in this volatile region. A key component of this strategy is a “surge” of some 20,000 troops into Afghanistan, to ...

INCOME TAX: Income disguised as credits
One of the oft-used provisions in the Income-Tax Act is Section 68. Monies are often claimed as borrowings, but investigations will show that there were no borrowals but the money actually belonged to the taxpayer. It need not be credits. It ...

TAXATION: An order bereft of reasons
The Income-Tax Appellate Tribunal (ITAT) is the second tier appellate authority under the I-T Act and no appeals against its orders can be filed before the High Court on issues involving facts. The Tribunal is, thus, the last hope for relief ...

TAXATION: Tax holiday for banks in SEZs
Section 80LA of the Income-Tax Act confers a 10-year tax holiday for banks located in Special Economic Zones (SEZs) with the first five years begetting them tax immunity on 100 per cent of such profits and the next five years on 50 per cent of ...

EDITORIAL: The foreign hand
In seeking information and documents from a number of local audit firms as to their professional affiliation with overseas firms engaged in services similar to their own, one hopes The Institute of Chartered Accountants of India (CA Institute) ...

LETTERS: Cartelisation
The analysis “When economy slows, cartelisation grows” (Business Line, April 28) exposed the conspiracy among the business classes in promoting their own super profits, caring two hoots for the ...

LETTERS: Trying times
The editorial “Obama’s 100” (Business Line, May 1) is a reminder that, despite a good beginning, difficult times are far from over for the US President. Laudable achievements, from the US point of view ...

Columnists: • C Gopinath • Harish Bijoor • G Chandrashekhar • S Murlidharan • Sharad Joshi • Mohan Murti • S Balakrishnan • Bharat Savur • B S Raghavan • Ganesh Challa • Bhanoji Rao • Swati • T Banusekar • Ramanujam Sridhar • Ranabir Ray Choudhury • Rasheeda Bhagat • P.V. Indiresan • P Devarajan • S Muralidhar • R K Raghavan • B Venkatesh • S Venkitaramanan

Comments & Letters to the Editor to: bleditor@thehindu.co.in
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