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Thursday, June 8, 2000

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Think Tank
This week we focus on a complete analysis of the
rupee convertibility industry
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Politics limits gung-ho power tariff reform
The problem was first seen in Russia, when the price of bread, held stable for decades, was hiked to cover costs at one go.

I-T commissioner can revise assessment order
Section 263 of the Income-tax Act empowers the Commissioner of Income-tax to revise an assessment order which is prejudicial to the interests of the revenue.











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