| From the Editor-in-Chief | Dr. K. Shivaram |
| President’s Message | J. D. Nankani |
| Whether Rental Income is Chargeable Under The Head “Income From House Property” or “Business Income” | V. P. Gupta |
| Amendment in The Income Tax Law is Essential so far as Stay and Recovery of Demand in Dispute is Concerned | Natabar Panda |
| Supreme Court on service tax on works contract in L & T’s case | Rajkamal Shah |
| NUT CRACKERS Questions & Answers | H. N. Motiwalla |
| Questions & Answers | C. B. Thakar |
| Quest Opinion – LBT | Vinayak Patkar |
| TAX WORLD Sales Tax | D. H. Joshi |