MUMBAI: The income tax appellate tribunal’s (ITAT) Mumbai bench has held that the absence of a formal gift deed cannot, by itself, justify treating a property purchase as an ‘unexplained investment’ when the source of funds is clearly identifiable. Under I-T laws, if income or an asset is treated as unexplained, it is subjected to…
A viral AI-generated video claiming to show Samay Raina kissing Ranveer Allahbadia at an IPL match left fans amused. Samay reacted on social media writing, “Help me @instagram.” Ranveer is yet to respond. The two previously courted controversy over Samay’s show, India’s Got Latent. Stand-up comedian Samay Raina has responded to a viral video that…
India’s digital payments network continued its rapid expansion in May, with Unified Payments Interface (UPI) transactions climbing to their highest-ever monthly levels in both value and volume, latest data from the National Payments Corporation of India (NPCI) showed.During the month, UPI handled 23.2 billion transactions worth Rs 29.90 lakh crore, surpassing the previous month’s figures…
Picture Credit: Instagram National crush Rashmika Mandanna has become one of the most sought after actresses in the Indian film industry. Beginning her career with Kannada films, she went on to feature in multiple language projects and tasted pan-India success with the 2021 film ‘Pushpa’ starring Allu Arjun. Rashmika Mandanna’s highest acting fee Since her…
India and the United States are inching closer to signing the first tranche of the proposed bilateral trade agreement, with most of the key details already settled, commerce and industry minister Piyush Goyal said on Monday. His remarks came as a high-level US delegation arrived in New Delhi for a fresh round of negotiations. Speaking…
India’s manufacturing sector expanded at its fastest pace in three months in May, supported by strong domestic demand, infrastructure-led activity and rising new business orders, even as higher costs linked to the Middle East conflict continued to weigh on manufacturers, a monthly survey showed on Monday.The seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index (PMI)…
Imtiaz Ali who has worked with Ranbir Kapoor in ‘Rockstar’ and ‘Tamasha’ has now expressed excitement to see him as Lord Ram in ‘Ramayana’. Imtiaz believes the role will not only showcase the actor’s talent but also leave a lasting impact on him as a person. Imtiaz spoke highly of Ranbir’s ability to adapt to…
NEW DELHI: Virat Kohli once again proved why he is one of cricket’s biggest match-winners, scoring an unbeaten 75 as Royal Challengers Bengaluru (RCB) defeated Gujarat Titans by five wickets in the IPL final in Ahmedabad. Chasing 156, Kohli guided the team home and finished the season with 675 runs. Head coach Andy Flower praised…
Veteran action director Sham Kaushal recently surprised fans by posting an old photograph from the sets of Aamir Khan’s blockbuster ‘Dangal’. The black-and-white image, shared on social media, captures Kaushal sitting among wrestlers during a scene from the 2016 sports drama. While many remember him for designing action sequences behind the camera, few may know…
Emilia Clarke has slowly become one of the most revered names in Hollywood. The star has many blockbuster hits in her portfolio. However, some films did not hit the mark. While opening up about her career and the projects she has worked on, Clarke weighed in on those she felt did not perform well. Emilia…