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Delayed projects and cost overruns
Feasibility studies and acquisition of land hold the key; political factors complicate the projects' schedule

FINANCIAL SCENE
Managing foreign exchange reserves: where India cannot match China
Beijing better prepared to tackle consequences of economic success

Tetra Pak keen to tap dairy industry
`Milk packed in cartons would be absolutely safe, hygienic and fresh'

TAX FORUM: QUESTIONS & ANSWERS
Defunct firms: no liability to file return
The name of our defunct private limited company was struck off on October 7, 2006, from the Register of Companies under Sec. 560 of the Companies Act, 1956, through the "Simplified Exit Scheme, 2005". Are we required to file the income-tax ...

Could rental income be assessed as business income?
My client is a firm consisting of three partners running three cinema theatres who are exhibiting motion films. My client now proposes to rent out all the three cinema theatres with machinery and furniture to a limited company or another firm. ...

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