The Hindu Business Line : Monday, November 05, 2007

FOR THE ASKING
Taxability of rent from co-owned property
If two persons are co-owners of a property that is rented and each person gets less than Rs 7,000 as income, can the tax be deducted by the tenant company? As I understand, if rental income is less than Rs ... More

SWATI CA
Is greed the issue, or the associated consumerism? Swati CA
Story so far: I visit a village clinic, and see Dr Karan in action. Shouldn’t rural service be mandatory for medicos, I ask him? More important than that is the need for diagnostic facilities in villages, he replies. He dreams ... More

STICKLISH ISSUES
Neglected man can deny son property
Responses to Sticklish Issues dated October 29 More

Does India still need World Bank loans?
Send in your comments to Sticklish@thehindu.co.in

STORIES RETOLD
When Mother Teresa found smiles missing
The Saint of the Gutters, as Mother Teresa was known, obtained Papal permission in October 1950 to found an order of nuns, which eventually came to be called the Missionaries of Charity. At that time, the mission had 12 sisters, and “they ... More

AT YOUR SERVICE
Property rental
In valuation of property rentals, service tax is supposed to be levied on rentals as reduced by property taxes. What does this mean and what type of taxes are covered in property tax for such deduction?

More

60 SECONDS CHIEF!
Take success and failure in the right spirit
Mr Hasan Abdul Kader is the Managing Director of CCS Infotech Ltd. A BE (Computer Science) from National Institute of Technology (formerly Regional Engineering College), Tiruchi, he has more than 18 years of experience in management, public ... More

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