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

Monday, July 16, 2001

• AGRI-BUSINESS
• COMMODITIES
• CORPORATE
• FEATURES
• LETTERS
• LIFE
• MARKETS
• MENTOR
• NEWS
• OPINION

• INFO-TECH
• CATALYST
• INVESTMENT WORLD
• MONEY & BANKING
• LOGISTICS

• PAGE ONE
• INDEX
• HOME

 
Mentor

Accountancy
The topper talks
R. Padmapriya, who topped the May 2001 CA (Final) examination, shares her success formula

Steering through the 4Cs
Yezdi H. Malegam on the accountancy profession at the dawn of a new civilization

Taxation
Stuck deposits
MY FATHER has put a lot of money in fixed deposits with a number of manufacturing companies, some of which have refused to pay back the deposits on maturity. I understand that small depositors get a preferential treatment in the matter of repayment of deposits. Advise. -- Kocchu Govindan, Thiruvananthapuram

Software in suspense
WHETHER computer software, be they standard like common accounting software or tailor-made for a specific application, constitute `goods' for the purposes of taxation? Is a vendor liable to pay sales tax when he sells software? And is t he producer of such software required to pay excise duty on the ground that he has manufactured goods? -- N. Sundar, Chennai


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