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Daily archive Jan 10, 2012

Explained: How is advertising expense taxed?

[Editorial Notes: Now that a lot of startups take the online advertising route, it is important to understand how is advertising expense taxed. Read on.]

Introducing Capital and Revenue Expenditure

In a recent decision, the income tax tribunal held that Read More →

Students from IIT Delhi launch online comparison shopping tool, Smartprix

Increasing number of players in India’s e-commerce space has led to information overload for online buyers. Abhinav Choudhary and Hitesh Khandelwal (IV year students at IIT Delhi) saw this as an opportunity and started building Smartprix.

Smartprix Read More →

India added only 2.74 mn mobile subscribers in November 2011

As per the latest data issued by TRAI, telecom operators added only 2.74 million million subscribers in November 2011 taking the total number of subscribers to 884.37 million. Although the gross addition in
number of wireless subscribers during the Read More →

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