The Hindu Business Line : Saturday, September 17, 2005

Build on
THE DRAFT NATIONAL Housing and Habitat Policy 2005 has rightly called for a drastic reduction in the stamp duty levied by State governments on residential property from the present 10-13 per cent to a more modest 2-3 per cent. There is a strong ... More

TAXATION

Commissioning a relief
H. P. Ranina looks at Section 264 of the I-T Act that empowers the Commissioner of Income-Tax to revise an assessment and grant relief to an assessee who has been over-assessed More

A tax that deserves to be withdrawn
C. P. Ramaswami questions the imposition of BCTT More

Everything I look on seemeth green
AROUND the green gravel the grass grows green, and all the pretty maids are plain to be seen, reads a Mother Goose rhyme. "Wash them with milk, and clothe them with silk, and write their names with a pen and ink," it ... More

Undue concentration on confession
T. C. A. Ramanujam discusses the safeguards in the search provisions More

Advance tax bogey haunts foreign companies
The recent ruling of the Special Bench of the Delhi Tribunal in Ericsson-Motorola-Nokia case has brought into focus the question of interest on default in the payment of advance tax. More

TERRORISM

Permanent struggle
IN HIS speech at the UN the other day, marking the 60th anniversary of the world body, the US President, Mr George Bush, Jr, while outlining the task before the international community in combating global terrorism, ... More

BOOKS

Whiff of mortality in the dam industry
Unlike rivers, dams are ephemeral, and will eventually die, portends Jacques Leslie, in his book Deep Water. The bigger the project, the more contentious, as it "touches on every dimension of controversy — displacement of people, environmental impact, water scarcity, energy production, political and corporate corruption and human rights". Equally crucial, as dams age, the cost of repairs gradually overtakes the profits. And the risks keep growing. D. Murali concludes that the book's message is too perilous to ignore. More

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