Man enters JDA for land, gets 6 flats from builder and transfers 5 to wife, but gets tax notice; ITAT Delhi deletes Rs 4.14 crore additions after finding no stock-in-trade conversion or sale

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The second addition arose after the man transferred five of the six flats to his wife through sale deeds in 2020. (Image for representative purpose only) You enter into an agreement with a builder for your land and later transfer five flats from it to your wife. Is a capital gains tax applicable?In one such … Read more

Rise in babies in care proceedings raises fears of unnecessary adoptions, experts tell BBC

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Broadhurst acknowledges that term is “politically loaded” and the modern care system is very different from the coercive practices that took place mainly between 1949 and 1976 – and for which the government recently apologised for cases in England. But she says it “is actually what’s happening because parents do not agree”. “They want to … Read more

Salata Dressing Recall Hits FDA’s Highest Risk Level

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The Salata dressing recall just moved into the FDA’s most serious category, with the agency classifying the Houston company’s Jalapeño Avocado Dressing as a Class I recall over possible Salmonella contamination. The classification was announced Tuesday, September 29, weeks after the company pulled the product on its own. Class I is the FDA’s top tier. … Read more

Suryakumar Yadav left out of Mumbai Ranji Trophy squad despite availability: ‘He needs more red-ball cricket’ | Cricket News

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Suryakumar Yadav (Image credit: X) MUMBAI: In another huge boost to his fledgling career and a vote of confidence in his abilities, Mumbai’s senior selection committee, led by Rajesh Pawar, on Monday appointed opener Ayush Mhatre as the new vice-captain of Mumbai’s Ranji Trophy squad for the first match of the 2026-27 season against Chandigarh … Read more

Google nears $1 billion-plus nuclear power deal with Constellation amid AI boom

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Google to seal $1 billion-plus nuclear power Google is close to striking a deal to buy nuclear power from Constellation Energy Corp, for its data centres, as tech gaints look for more reliable electricity to support the rapid growth of artificial intelligence.The Alphabet Inc. company could pay $1 billion or more under a multi-year agreement … Read more

Newspaper headlines: Badenoch’s ‘Britannia Dome’ and ‘King tells Andrew ‘I won’t fund court fight”

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Pictures of Jeffrey Archer are on many of the front pages, following his death at the age of 86. The Times says, external he was “well aware that the sands of time” were running out on his life, which was “even stranger than fiction”. Broadcaster Gyles Brandreth is quoted in the Daily Telegraph, external saying … Read more

Imran Khan: ‘No one treats a human being like that’: Ravi Shastri calls out Pakistan’s treatment of jailed Imran Khan | Cricket News

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Imran Khan and Ravi Shastri Former India head coach Ravi Shastri has spoken out over the reported treatment of jailed former Pakistan captain Imran Khan, calling it “inhumane” and saying no person should be treated that way.Reports cited in the story claim Khan’s health has worsened in jail, with only 15% vision remaining in his … Read more

‘Hanuman Ansh’ box office collection day 60: Vishal Chaturvedi film earns Rs 75 lakhs on Monday; worldwide gross reaches Rs 424.24 Cr | Hindi Movie News

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‘Hanuman Ansh’ continued its theatrical run on Monday, October 5, with the film recording a major drop in its India net earnings. The devotional drama collected Rs 75 lakhs on its 60th day in theatres, according to Sacnilk.The film had 1,475 shows across India on Day 60 and recorded an overall occupancy of 19%. Monday’s … Read more

‘We all have huge sympathy’: Why England cricket ready to fund West Indies Test | Cricket News

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England and Wales Cricket Board (ECB) Logo (@ECB_cricket Twitter handle) The England and Wales Cricket Board (ECB) could step in financially if needed to ensure England’s women play a Test in the West Indies next spring. The match is planned as part of a multi-format series and is considered important preparation for England’s 2027 Ashes … Read more

Trump signs order to ease diesel costs, ‘save millions of dollars’ for farmers

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US President Donald Trump US President Donald Trump on Monday (local time) signed an executive order aimed to ease the burden of high diesel prices on farmers, truckers and other businesses, as fuel costs continue to put pressure on Republicans ahead of the November midterm elections.Trump announced the move during a campaign stop in Grand … Read more

86 to 101: Virat Kohli’s final ODI window to break Sachin Tendulkar’s century record | Cricket News

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Virat Kohli’s final ODI window to break Sachin Tendulkar’s century record It was the semi-final of the 2023 World Cup when Virat Kohli scored his 50th ODI century in front of Sachin Tendulkar, surpassing his idol’s record of 49 hundreds in the format. That innings put another Tendulkar record within Kohli’s reach. Tendulkar’s 100 international … Read more

Bilateral Investment Treaty: Govt likely to sign BIT with Saudi Arabia

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NEW DELHI: Government is likely to sign a bilateral investment treaty (BIT) with Saudi Arabia, allowing companies from the Gulf state to initiate international arbitration two years after they exhaust legal remedies in India. This is a concession from the current five-year clause in the model BIT finalised by govt a year ago.The Union cabinet … Read more

Yemeni military says it has retaken Mokha and ‘secured’ Red Sea waterway

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On Sunday, the head of Yemen’s internationally recognised Presidential Leadership Council announced the beginning of an offensive, dubbed Operation Yemen Dawn, aimed at retaking all territory held by the Houthis. Rashad al-Alimi insisted that all opportunities for de-escalation had been exhausted and called on all forces to carry out their assigned missions “until the country … Read more

Stock Market Today Live Updates: Markets end in green; Sensex gains 473 points, Nifty rises 134 points

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The domestic equity market rebounded after the sharp fall in the previous session, with benchmark indices ending higher as softer US jobs data and easing crude prices improved investor sentiment. The Sensex gained 472.77 points, or 0.66 per cent, to finish at 72,382.47, while the Nifty advanced 133.80 points, or 0.60 per cent, to 22,555.75. … Read more

Japan’s Nikkei jumps 2.5% above 70,000 to three-month high as AI stocks rally

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Japan’s Nikkei rises to three month-high Japan’s Nikkei got an AI-powered boost on Monday, jumping over 2% to cross 70,000 for the first time in three months. Benchmark index Nikkei climbed 2.53% to 70,037.61 by the midday break, while the broader Topix gained 1.16% to 4,138.57.Chip-related companies emerged as the biggest drivers of Nikkei’s rise. … Read more

I won’t accept exclusion, says Polanski after backlash to Zionism motion

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Nine Labour MPs have also referred the Green Party to Sussex Police, asking the force to investigate whether alleged “possible antisemitic offences” at the conference merit a criminal investigation. Sussex Police and the Green Party have been contacted for comment. It is the latest development in a backlash to the policy motion, which was put … Read more

Mark Ruffalo makes passionate speech targeting Donald Trump; assures he is still playing the Hulk – WATCH | English Movie News

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Hollywood actor Mark Ruffalo has done what he is best at, lashing out at the US President Donald Trump. The actor recently made a passionate speech at a Hands Off Our Vote event in New York City, and said that if Trump doesn’t mend his ways, and attempts to restrict voting in the upcoming midterm … Read more

Woman declared Rs 67.4 lakh ancestral jewellery in her ITR which led to additions by tax department; ITAT Mumbai deleted it on basis of old records, but rejected her Rs 12 lakh HUF brokerage claim

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On the jewellery issue, the ITAT found that the department’s reasoning involved too many assumptions. (Image for representative purpose only) The Income Tax Appellate Tribunal (ITAT), Mumbai Bench, has given partial relief to a Mumbai taxpayer who was asked to explain jewellery worth Rs 67.39 lakh disclosed in her income tax return. The tribunal deleted … Read more

Donald Trump says a ‘threat’ led US to move bombers from RAF Fairford

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RAF Fairford – in the Cotswolds in Gloucestershire – has been at the centre of an incident being investigated by counter-terror police. Five men were initially arrested on suspicion of terror offences and subsequently released on bail. A sixth man, a UK-Iranian national, was also later arrested and released on bail. Following the release of … Read more