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…
NEW DELHI: French Open organisers have fined Paraguayan player Adolfo Daniel Vallejo 65,000 euros, about half of his tournament earnings, after he made sexist comments about the umpire following his second-round defeat to French teenager Moise Kouame.After losing a gruelling five-set match that lasted nearly five hours, Vallejo criticised Brazilian umpire Ana Carvalho, saying, “This…
DHSE Kerala plus two SAY, improvement exam registration 2026 The Directorate of Higher Secondary Education (DHSE), Kerala has started the registration process for the Plus Two SAY (Save A Year) and Improvement Examination 2026 from June 1, 2026. Students who wish to apply can do so through their respective schools. The last date to submit…
In order to strengthen the crucial strategic partnership with India, Australia’s deputy prime minister and defence minister, Richard Marles, co-chaired the second India-Australia Defence Ministers’ Dialogue in New Delhi. During the meeting, the defence ministers of the two countries discussed the progress of this pivotal relationship since the first such dialogue was held in Australia…
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…
The National Testing Agency (NTA) has made NTET 2026 score cards available on DigiLocker, offering candidates a secure way to access and store their examination records online. The development follows the declaration of results on May 15 and is expected to ease document verification and future recruitment processes for aspiring teachers in Indian System of…
Vietnam’s Vingroup is set to enter India’s rapidly growing ride-hailing market with its Green SM electric taxi service. It will be launched officially on June 05, 2026 in New Delhi. The move will position Green SM as a fresh rival to cab aggregators such as Ola and Uber.The company is expected to begin operations in…
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…
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…
Students seeking verification of marks and re-evaluation of CBSE Class 12 results faced a fresh wait as the portal failed to open on June 1 as scheduled. Acknowledging the delay, the board said the portal would go live soon and that a formal notification would follow. The postponement comes amid efforts to address earlier technical…