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Father and son jointly sell ancestral land for Rs 13 crore; father gets tax notice; they file appeal in ITAT Pune and win case14 Oct, 2025 12:21 PM ISTA father and son sold ancestral land for Rs 13 crore, but the buyer's TDS error led to a tax notice for the father. The ITAT Pune ruled in their favor, stating procedural lapses shouldn't deny substantive rights. The father was granted full TDS credit, preventing the revenue from unjustly enriching itself. Read more.
Apollo doctor warns: Two common medicines that affect vitamin B12 absorption in the body13 Oct, 2025 10:25 PM ISTLong-term use of certain common medications, including metformin for diabetes and proton pump inhibitors (PPIs) for acidity, can reduce the body’s absorption of vitamin B12, warns Dr. Sudhir Kumar, a senior neurologist at Apollo Hospitals, Hyderabad. Deficiency may lead to fatigue, tingling, numbness, or cognitive changes. Dr. Kumar advises regular B12 testing for those on these medications and emphasizes that treatment is straightforward if detected early.
US stock market futures crash today: Dow, S&P 500, Nasdaq futures drop over 1% as China retaliates; shipping sanctions jolt traders, crypto loses $150B, silver hits record high, Powell speech in focus14 Oct, 2025 04:15 PM ISTUS stock futures fell Tuesday as US-China trade tensions escalated after Beijing targeted US-linked shipping firms. Dow, S&P 500, and Nasdaq futures dropped sharply ahead of bank earnings. Crypto markets plunged $150 billion, and silver soared to record highs above $52. Investors now turn their focus to Fed Chair Jerome Powell’s speech and Wall Street bank earnings for clues on what’s next for markets.
Landlord wins eviction case in Gujarat High Court after tenants break wall, use property for unapproved purposes15 Oct, 2025 12:30 PM ISTA landlord has won an eviction case in the Gujarat High Court. Tenants altered a rented property without permission, breaking a wall to combine spaces. They also changed the property's usage from cycle repairing to selling automobile accessories. The court upheld the landlord's rights, stating tenants cannot modify property or change its purpose without consent. This decision reinforces landlord protections.
Income tax refunds fall sharply owing to new fraud checks14 Oct, 2025 11:23 AM ISTAn official explained that all income tax returns (ITRs) claiming refunds above a specific threshold are subjected to new additional checks. The threshold for these enhanced reviews varies depending on the category of taxpayers.

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Trump's Inauguration Day: What to expect

Donald Trump's second term as US President will begin with his inauguration on Monday. He plans to sign numerous executive orders and hold a campaign-style rally. Several foreign leaders are invited, and outgoing President Joe Biden will attend. The events are largely funded by Trump's inauguration committee.