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Monday, April 02, 2007
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MENTOR

TAXATION
Tax liability on freight charges
Kindly clarify whether exemption limit of service tax payable as per Notification No. 6/2005 dated March 1, 2005, is available to a tiny industrial factory (partnership) registered under the Factories Act and a tiny industrial factory owned by ... More

A MAP for transfer pricing disputes
Mutual Agreement Procedure is the key dispute resolution mechanism that is available regardless of remedies available in domestic tax laws. More

EDUCATION
Your career is not a sprint but a marathon
It is very easy to say that the circumstances were bad and, hence, you couldn't succeed, but it is your enthusiasm, energy and courage that will make you successful. More

CAREER CROSSROADS
MBA specialisation
I have completed BE (Civil) and I am interested in MBA. Which specialisation will be beneficial for me? If I want to do my summer project, which field should I focus on? Anjani Gupta It is important at this stage that you prepare well ... More

ECONOMICS
Inflation insights
2) Last week the inflation figure was 6.02 per cent; what does it mean? Does that mean every week it is increasing? Somebody told me in Japan the inflation for that week was zero. How is it possible? 3) If I invest Rs 1,000 in a bank at, say, 6 ... More

IPR
When copyright is wronged
Copyright infringement is dealt with extremely seriously under the Copyright Act, 1957, which provides not only for civil remedies but also criminal remedies. More

EVENTS
Just Do IT
A. Jeyachandran - Madurai - jeyatmdu at hotmail.com, A.B.Amutha - Madhura college - Madurai - amutha.b.87 at gmail.com, A.Ramalingam - vallalar18 at yahoo.co.in, A.Satyanarayana Babu - Chennai - andali1968 at yahoo.co.in, Aarti gupta - ... More

Number Crunch
More

INCOME TAX
Will loan taken from friend qualify for deduction?
If a person takes a loan from his friend for construction of a house, will he qualify for deduction of principal and interest? Arun Khumbar, email Section 24 dealing with, among other things, interest as an expenditure while computing ... More

ADVERTISING
Advertisers hit for a huge six
Responses to Sticklish Issues dated March 26. More

INVESTOR PROTECTION
SEBI moots watchdog for investment advisors
Blog at: http://SticklishIssues.blogspot.com

More

PEOPLE
Home life and work life are two sides of a coin
Ms Sadhana Somasekhar is Director and Chief Marketing Officer, Focus Infotech, a leading strategic IT-HR and managed solutions provider. She oversees more than 150 employees, who provide consulting and software development solutions for clients. ... More

BOOKS
Check if you are skilled
Managerial skills are technical, human and conceptual, says Seema Sanghi in Towards Personal Excellence, second edition (www.indiasage.com). Technical skills are the ability of doing things by one's own effort, while human skills ... More

Tourist income multiplier
A tourist pays money to settle his hotel bill. The hotel uses the money to meet costs incurred in meeting the demands of the visitor, such as food, drink, furnishing, laundry, electricity and entertainment. Recipients of the money, in turn, use ... More


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