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Tag: 2018

CBDT extends deadline for filing ITRs with audit reports to Oct 31, 2018

CBDT extends deadline for filing ITRs with audit reports to Oct 31, 2018

Finance
NEW DELHI: The government today extended by a fortnight till October 31 the deadline for filing Income Tax return (ITR) and audit report for financial year 2017-18. This is the second extension within a fortnight of the Central Board of Direct Taxes (CBDT), earlier extending the deadline for tax payers whose accounts have to be audited from September 30 to October 15. Tax audit is a review of accounts of taxpayers with business or profession from an income tax point of view such as incomes, deduction, compliance with tax laws, etc. Taxpayers with turnover exceeding Rs 1 crore in business (not opted for presumptive taxation scheme) or whose gross professional income is over Rs 50 lakh need to get a tax audit done. Tax audit report needs to be filed on or before the 30 September of the subse...
Mercury Prize 2018: Wolf Alice win for Visions of a Life

Mercury Prize 2018: Wolf Alice win for Visions of a Life

Entertainment
Indie band Wolf Alice have picked up the 2018 Mercury Music Prize for their eclectic, enchanting second album, Visions of a Life.The London four-piece were almost lost for words as they took to the stage to accept the £25,000 prize."It means so much to pick this up with my three best friends," said singer Ellie Rowsell.The group beat the likes of Noel Gallagher, Arctic Monkeys and Lily Allen to lift the trophy. Visions of a Life was praised by judges as "an exuberant tapestry of swirling pop, grunge and indie guitar rock."The band put their appeal more idiosyncratically: "We're too pop for rock and too rock for pop."In fact, their second album built on the promise of their debut My Love Is Cool (which also received ...
Mercury Prize 2018: Nominees reveal the last thing they changed on their albums

Mercury Prize 2018: Nominees reveal the last thing they changed on their albums

Entertainment
Making a great album is like making a great sandwich: The trick is knowing when to stop.If inspiration is the bread and butter, it's the choice of fillings that decide whether the record becomes a sumptuous feast or a disappointment.Just look at Kanye West's The Life Of Pablo. The star obsessed over the record for months after its release in 2016, making prominent changes to at least 12 of its 20 tracks, often to their detriment.On the flipside, U2 famously felt rushed to complete 1997's Pop album, delivering a "compromise project" on the eve of their world tour. They later re-recorded several of the tracks for a greatest hits album, labelling those the definitive versions.This year's nominees for the Mercury Prize, it's safe to say, have delivered some o...
Yates wins Vuelta a Espana to complete British clean sweep of 2018 Grand Tours

Yates wins Vuelta a Espana to complete British clean sweep of 2018 Grand Tours

Sports
Media playback is not supported on this device Simon Yates won the Vuelta a Espana to complete a clean sweep of British victories in this year's Grand Tours.The 26-year-old Michelton-Scott rider crossed the line safely in Madrid on Sunday to secure his first Grand Tour, with Spain's Enric Mas second and Colombia's Miguel Angel Lopez third.Britons Chris Froome and Geraint Thomas won the Giro d'Italia and Tour de France respectively this year. Elia Viviani claimed the 100km final stage of the Vuelta in a bunch sprint.In a chaotic run-in, the Italian edged out world champ...
2018 world's strongest storm: Mangkhut barrels through Philippines toward China

2018 world's strongest storm: Mangkhut barrels through Philippines toward China

World
The strongest storm on Earth in 2018 barreled through the northern Philippines before dawn on Saturday, bringing with it ferocious winds and torrential rain. Typhoon Mangkhut, known locally as Ompong, made landfall in Cagayan province on northeast Luzon island at 1:40 a.m. local time, according to the country's weather agency, the Philippine Atmospheric, Geophysical and Astronomical Services Administration. It's estimated that the tropical cyclone put at least five million people at risk. Mangkhut, considered the strongest storm on the planet so far this year, was the 15th to hit the Philippines. The Joint Typhoon Warning Center U.S. Navy-U.S. Air Force command, located in Hawaii, had downgraded Mangkhut from a "super typhoon," when it had peak wind speeds of 180 mph, prior to landfall ...