Telangana HC raps I-T department for ignoring faceless assessment norms

The Telangana High Court has reprimanded the Income Tax Department for repeatedly violating Finance Acts by initiating reassessment proceedings without adhering to the mandatory ‘faceless assessment’ procedure. The court quashed reassessment notices issued to BJP leader Paidi Rakesh Reddy, emphasizing that the department’s actions undermine the law and lead to unnecessary litigation.

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Satya Nadella column: Cricket in USA – Not an arrival, but a homecoming

Satya Nadella, Chairman and CEO of Microsoft and co-owner of MLC franchise Seattle Orcas, highlights the excitement surrounding cricket globally. In this guest column, he reminisces about his childhood cricket experiences in Hyderabad and draws parallels between cricket and leadership. Microsoft’s involvement with the Seattle Orcas and the England and Wales Cricket Board shows commitment…

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Yash’s Ravana to appear for just 15 minutes in Ranbir Kapoor starrer ‘Ramayana: Part 1’: Reports

Fans anticipating Yash’s full-fledged performance as Ravana in ‘Ramayana: Part 1’ may need to temper their expectations. Reports suggest his role will be limited to approximately 15 minutes, with the initial film primarily focusing on Lord Rama’s journey and Ranbir Kapoor’s portrayal. Yash’s Ravana is expected to have a more significant presence in the second…

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Top stocks to buy today: Stock recommendations for July 9, 2025 – check list

Stock market recommendations: Mehul Kothari from Anand Rathi Shares recommends buying AAVAS Financiers, citing a strong base formation and potential breakout towards ₹2300. He also suggests Jyothy Labs due to a double bottom confirmation and possible retest of ₹400 levels. Additionally, Varun Beverages Limited is recommended for an oversold bounce with a target of ₹490.

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Age is just a number: 62 and 58-year-old men with 40+ thefts held after morning heist; they posed as harmless elders, stayed in hotel, struck at sunrise

Two elderly men, Karamchand, 62, and Shravan Kumar, 58, were arrested in Moradabad for snatching a woman’s gold chain, revealing a criminal history spanning nearly three decades and 29 theft cases. The duo, who targeted elderly victims, were tracked down using CCTV footage and found to have a firearm and scooter. Karamchand had been arrested…

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