Business Daily from THE HINDU group of publications
Saturday, October 04, 2008
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Saturday, October 04, 2008 ePaper | Mobile/PDA Version | Audio | Blogs |
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WEB EXTRAS ACCOUNTANCY: Transfer pricing matters in captive software companies On September 26, 2008, the Bangalore Bench of the Tribunal delivered an important judgement in the area of transfer pricing (TP). The Tribunal has dealt with the core transfer pricing issues relating to the trigger point for a Transfer ... OUTLOOK: Kovai micro units in the dark Coimbatore, Oct. 3 For the over-20,000 micro and cottage industries in and around Coimbatore, already reeling from the impact of spiralling raw material cost and rising interest rates, the stretched power cut has put a question mark on ... TELECOMMUNICATIONS: Connectivity charges paid to foreign companies Recently, the Hyderabad Income-tax Appellate Tribunal (ITAT) in the Frontline Soft Ltd vs DCIT (2008-TIOL-422-ITAT-HYD) case held that an Indian company utilising connectivity facility from a foreign company was liable for ... INCOME TAX: Taxability of coupons, warrants and rights Problems arise while tackling the issue of taxing gains arising out of transfer of coupons and warrants. Take, for instance, the case of Jannhavi Investments (P) Ltd which received bonus shares in 1981-82 and additional bonus shares ... SSI: An unfounded fear The Finance Minister, Mr P. Chidambaram, in his first stint in that role made certain seminal if arguably debatable changes in the tax regimes in 1997. In the direct taxes front, they were introduction of Minimum Alternative Tax (MAT) on ... Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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