Business Daily from THE HINDU group of publications
Monday, August 11, 2008
ePaper | Mobile/PDA Version | Audio
Business Daily from THE HINDU group of publications Monday, August 11, 2008 ePaper | Mobile/PDA Version | Audio |
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MENTOR MANAGEMENT: Building a resultocracy Businessmen are learning the hard way — that “doing business” is very different from leading an organisation. The challenge to established practices and the “way things have always been done” is mounting every single ... INTERVIEW: `The idea is to set up a global market for ethnic Tamil films' According to estimates, there are over eight crore Tamils around the world. From the oldest Tamil communities in southern India and in the North-Eastern fringes of Sri Lanka, Tamils also form a major emigrant community in countries such as ... TAXATION: Cash payment not sacrosanct for deduction Taxable income of business or profession is computed by deducting the expenditures from the receipts which are in the nature of income. The onus for claiming expenditure as a deduction is on the taxpayer, showing that it was actually ... PEOPLE: 60 Seconds Chief CREDIT POLICY: RBI’s rate hikes Responses to Sticklish Issues dated August 4. When the inflation touched the two-digit mark, the Government came out with a series of measures to contain inflation. The RBI too on its part hiked the CRR and the repo rate to suck out the excess ... HORTICULTURE/FRUITS & VEGETABLES: Mushroom money Fifty-two-year-old Lal Muni Devi has been leading a life of drudgery and poverty. Her husband is sick and unable to work, so Lal Muni and her younger son have to work as day labourersin other fields. What little she earned till now, she saved to ... INCOME TAX: Section 54 exemption A&B were joint owners of a residential house. The buyer evinced interest only in the land and, hence, requested A& B to demolish the building and give possession of the land alone. Are the sellers entitled to claim exemption under Section ...
INCOME TAX:
Must an employer necessarily issue Form 16?
INCOME TAX:
Tax audit
INCOME TAX:
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