280 craftsmen built Bali estate in 1994; Hawaii rebuild now asks $32.5M

Air India Express Kochi-Abu Dhabi flight diverts back after mid-air engine oil drop

An Air India Express Boeing 737 flying from Kochi to Abu Dhabi was forced to turn back after a sudden drop in engine oil quantity was detected mid-flight. The crew identified the issue while the aircraft was cruising at 36,000 feet. As oil pressure fell to critically low levels, pilots shut down the affected engine as a precautionary measure. The flight subsequently returned and landed safely at Cochin International Airport with no reported injuries or damage.

ITAT Bangalore: Only Net Winnings From Online Gaming Are Taxable, Not Gross Credits

The Income Tax Appellate Tribunal (ITAT) in Bangalore has ruled that online gaming winnings should be taxed on a net basis, not on gross credits. The case involved a player who deposited Rs 2.61 crore into online games but incurred a net loss of Rs 28 lakh, yet the tax authority sought to levy tax on Rs 2.33 crore. The tribunal rejected the taxman's approach of taxing gross wallet credits or intermediate winnings shown during gameplay. ITAT held that only the actual net winnings represent the true taxable amount in such cases. The ruling is significant as it sets a precedent for how online gaming income is assessed for taxation purposes in India.

Politicians who hit doctors should be taken into custody, not allowed to roam free: SC

Dwight Howard relists Georgia mansion with 12 bedrooms at $14.5 million

NBA star Dwight Howard has relisted his Georgia estate for $14.5 million, a significantly higher price than its previous listing. The sprawling property spans fourteen acres and features twelve bedrooms and bathrooms. In addition to its main living areas, the mansion includes extensive vehicle storage and dedicated guest facilities. The estate reflects a lifestyle of considerable luxury and convenience.