THE HINDU BUSINESS LINE
Financial Daily
from THE HINDU group of publications

Monday, October 23, 2000

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Mentor

Accountancy
Towards an e-secretary
Sudeep Krishna on why professional company secretaries cannot afford to miss the IT bandwagon

Book Review
Eco-purchaser
WITH ``greening the supplier chain'' being touted as an urgent need for corporates, it should be remembered that green credentials can only be claimed for products and services if a clean bill of health can be shown for their whole life c ycle, from creation to ultimate disposal -- from cradle to grave. When budgetary constraints put pressure on environmental management from one side, governments too exert pressure through legislation. Who, in an organisation, can take up eco-respon sibilities?

Taxation
Hone your tax skills
1(a) Chaturvedi & Co filed its return, declaring an income of Rs 53,00,000 for the assessment year (AY) 1999-2000 on October 12, 1999. The assessment was completed in July 2000, by fixing the income at Rs 65,00,000. Determine the quantum of interest unde r Section 234 C on the assumption that the assessee has not paid any advance tax and has paid self-assessment tax with interest under Sections 234 A, B and C in October 1999.


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