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

    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…

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    Ancient pottery reveals earliest known traces of chocolate in east of Mississippi; formed a major part of feasts 1,000 years ago

    Chocolate has been providing a sugar high to humans for centuries, enough to inspire them to build monuments too. A new genetic analysis of pottery pieces near the Etowah Indian Mounds has revealed the earliest known traces of cacao east of the Mississippi River, according to Smithsonian Magazine, citing a study published in PLOS One…

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    In 2011, California completed a 300-acre restoration of former San Diego salt ponds; five-year monitoring later documented 80 bird, 22 fish and 10 invertebrate species

    For decades, parts of South San Diego Bay looked very different from the tidal wetlands that once occupied them. Former salt ponds had been separated from the bay, limiting natural tidal flows and reducing habitat for wildlife. According to the U.S. Fish and Wildlife Service and the Southern California Wetlands Recovery Project, a partnership involving…

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    Halle Berry and son Maceo spotted at a random outing after Olivier Martinez granted a restraining order |

    Halle Berry was recently spotted at a random outing with her son, Maceo, only days after she had been served with a temporary restraining order by her ex, Olivier Martinez. (Instagram) Recently, reports revealed that Halle Berry’s ex-partner, Olivier Martinez, alleged that she has been abusing their son, Maceo. Not only that, but he was…

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    ‘Pradhama Drishtya Kuttakkar’ OTT release date: When and where to watch the Malayalam spy thriller starring Parvathy Thiruvothu | Malayalam Movie News

    Malayalam cinema recently released another crime thriller that grabbed the audience’s attention with its investigative approach. ‘Pradhama Drishtya Kuttakkar,’ starring Parvathy Thiruvothu in a challenging police role, arrived in theatres on September 11. Directed by Shahad Nilambur, the film received a strong response and reportedly crossed the Rs 50 crore mark at the worldwide box…

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    ‘Taking medicines and playing every day’: How Koneru Humpy battled diarrhoea to win two medals at Chess Olympiad | Exclusive | Chess News

    Indian Grandmaster Koneru Humpy NEW DELHI: What does playing for India actually mean for an athlete? At what point does physical pain become too much? When does the body simply say enough? The Indian teams at the Chess Olympiad in Samarkand, Uzbekistan, found themselves answering that question in their own way.Both the open and women’s…

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    ‘Tulsa King’ renewed for Season 5: The Sylvester Stallone-led series heads to New York City |

    Tulsa King is slated to return to the small screen with the upcoming season 4 premiere. (Instagram) Beloved actor Sylvester Stallone seems to be on a roll recently. From releasing his memoir to working as a producer for his biographical drama ‘I Play Rocky.’ Stallone has now added another big achievement under his belt, as…

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    ‘Spider-Man: Brand New Day’ makes OTT debut: How and where to watch the Tom Holland, Zendaya, Sadie Sink box office blockbuster online |

    ‘Spider-Man: Brand New Day’, starring Tom Holland in the lead, is finally getting its digital release. After dominating the box office, the film is now gearing up to take over the OTT space as it is set to become available for digital purchase and rental on October 6, more than two months after its theatrical…

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