1. ICICI Bank Q4 net profit rises 26% YoY to Rs 1,221 crore, misses Street estimates  Economic Times
2. ICICI Bank Q4 profit grows by 26%, misses estimates on COVID-19 provisions; NPAs dip  Moneycontrol.com
3. ICICI Bank Q4 net rises 26% to ₹1,221 crore  The Hindu
4. Why banks aren't ready for economic heavy-lifting this time around  Deccan Herald
5. ICICI Bank Q4 net up 26% at ₹1,221 cr but misses estimates on virus provisions  Livemint
6. View Full coverage on Google News

1. China reports first coronavirus case in Wuhan since April 3  Economic Times
2. China admits coronavirus exposed ‘shortcomings’ in healthcare system  Hindustan Times
3. "Outbreak Big Test That Revealed China's Shortcomings": Top Officer  NDTV
4. Coronavirus Live update: China reports first case in Wuhan since April  Economic Times
5. China Reports First Coronavirus Case in Wuhan Since April 3 Among 14 New Infections  News18
6. View Full coverage on Google News

1. 'Response to coronavirus crisis has been anemic, spotty': Barack Obama slams Donald Trump's handling of...  Firstpost
2. What Barack Obama Said About Trump's Handling Of COVID-19 In Leaked Call  NDTV
3. Obama lashes out at Trump’s handling of coronavirus  Deccan Chronicle
4. ‘Chaotic Disaster:’ Obama Slams Trump’s Response to Coronavirus  The Quint
5. ‘Absolute chaotic disaster’: Barack Obama criticises Donald Trump's handling of COVID-19 crisis  Times Now
6. View Full coverage on Google News

1. Tamil Nadu to further relax COVID-19 lockdown restrictions from Monday  The Hindu
2. Coronavirus: Tamil Nadu relaxes lockdown measures further  Times of India
3. Major Relaxations For Non-Containment Zones In Tamil Nadu From Monday  NDTV
4. Tamil Nadu forms panel under ex-RBI Guv Rangarajan to advise measures to bring economy back on track  The Financial Express
5. Tamil Nadu moves Supreme Court against Madras high court order to close Tasmac liquor shops  Times of India
6. View Full coverage on Google News

1. Ajit Doval showers praise on Kashmir forces for Riyaz Naikoo Op, then stern advice  Hindustan Times
2. Why Pakistan’s proxy war will now intensify  The Tribune India
3. Indian Army retaliates to Pakistan`s ceasefire violation along LoC in Jammu and Kashmir`s Poonch  Zee News
4. Ajit Doval dissects Imran Khan’s terror moves in Kashmir, preps India’s counter  Hindustan Times
5. Sense of new geopolitics marred by old hostilities  Economic Times
6. View Full coverage on Google News

1. Govt issues new guidelines for restarting industries after lockdown  Livemint
2. Consider Week 1 As Trial: Government On Industry Restart Post Lockdown  NDTV
3. NDMA issues guidelines on restarting manufacturing industries post lockdown  Economic Times
4. After Vizag gas leak, Centre issues guidelines for restarting industries post-coronavirus lockdown  khabrisala
5. 'Consider 1st Week Test Run Period': Post Vizag Tragedy, Govt Issues Rules to Reopen Industries After Loc...  News18
6. View Full coverage on Google News

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The Qantas rescue flight which lifted hundreds of Australian citizens from Wuhan took an unexpected route on its flight to Western Australia on Monday.

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ITA No.2493/Bang/2019 Page 2 of 6

2. We heard the parties and perused the record. During the year under consideration, the assessee sold a residential house property for a sum of Rs.12.75 crores on 06-11-2015. She purchased another residential house property on 17-02-2016 for Rs.11.02 crores. The new house property was purchased in the joint name of the assessee and her son Shri Kurada Sagar Chakravarthy. The assessee claimed deduction of Rs.8.47 crores u/s 54 of the Act towards the cost of new residential house property against the long term capital gain arising on sale of original house property. Since the new residential house property has been purchased in the name of assessee and her son, the AO restricted the deduction u/s 54 of the Act to 50%, i.e., he allowed deduction to the extent of Rs.4.23 crores only. The Ld CIT(A) also confirmed the same and hence the assessee has filed this appeal.