So this is a recent judgement by Income Tax Appellate Tribunal. This Case is based upon when a partner receives a compensation from other partners for Surrender of Profit Sharing Ratio will not amount to capital gain tax

The spread of COVID-19 threatens the lives of more than 2.3 million people locked up in prisons and jails throughout the United States. We look at how the call to release prisoners during the coronavirus pandemic makes the case for prison abolition, with scholar Ruth Wilson Gilmore, co-founder of California Prison Moratorium Project and Critical Resistance and the author of "Golden Gulag: Prison, Surplus, Crisis, and Opposition in Globalizing California." Her forthcoming book is "Change Everything: Racial Capitalism and the Case for Abolition."

We go to Moscow for an update on the pandemic in Russia, where the coronavirus is spreading rapidly, with at least 10,000 new cases a day and the second-highest infection rate in the world, and more than 100 medical workers have died fighting the virus, and many have reported lack of personal protective equipment. Meanwhile, three Russian healthcare workers mysteriously fell from hospital windows over the past two weeks. Two died, and the one who is hospitalized had posted a video online to note the lack of medical equipment and said he had to keep working despite testing positive. We speak with Joshua Yaffa, Moscow correspondent for The New Yorker magazine.

Cathy Morrow Roberson, Founder & Head Analyst for Logistics Trends & Insights LLC – a boutique market research firm that specializes in global supply chains – recently shared her observations on the current state of the global and domestic Third-Party Logistics (3PL) industry in this exclusive interview.

Cathy Morrow Roberson, Founder & Head Analyst for Logistics Trends & Insights LLC – a boutique market research firm that specializes in global supply chains – recently shared her observations on the current state of the global and domestic Third-Party Logistics (3PL) industry in this exclusive interview.

Chancellor Angela Merkel announced steps on Wednesday to ease the coronavirus lockdown in Germany but at the same time launched an "emergency brake" mechanism allowing for renewed restrictions in case infections pick up again.

The US Justice Department on Thursday abruptly withdrew its case against former White House national security advisor Michael Flynn following mounting pressure from President Donald Trump's political allies on the right, handing the US president a major political victory.

Brazil, the country in Latin America that has been hardest hit by the coronavirus crisis, said Friday it had reached a new daily record for COVID-19 fatalities with 751 deaths.

New Zealand on Monday recorded no new cases of the coronavirus for the first time since March 16 and less than a week after the Pacific nation ended a strict lockdown that appears to have contained the outbreak.

South Korea returned largely to normal Wednesday as workers went back to offices, and museums and libraries reopened under eased social distancing rules after new coronavirus cases dropped to a trickle.