SINCE 1928 india Set SightS on 3-0 lead againSt depleted Sa Pg 24 SenSex: no cauSe for panic REG. NO. MCS/048/2018-20; RNI NO. 1541/1957 M.P.C.S office Mumbai-400001 TAXING TIMES NO I-T NOTICE ON MINOR 'MISMATCH’ MUMBAI: From now on, the taxman will not issue demand notice to taxpayers in case there is a minor mismatch between their income tax return (ITR) and the corresponding tax credit data collected by the department from banks and other financial institutions. The measure, introduced in the latest Finance Bill, is aimed at providing relief to small and salaried class of taxpayers and aims to ease out issues of small discrepancies that sometimes crop up in the information on Form-16 (provided by the employer) and Form-26AS (tax credit statement received by the tax department. The policy measure will be enforced in respect of any return furnished for the upcoming assessment year (2018- 19) commencing from April 1. BITCOIN EARNINGS SUBJECT TO TAX NEW DELHI: The Central Board of Direct Taxes Chairman Sushil Chandra on Tuesday clarified that money earned from bitcoins would be applicable for taxation. “Those who have earned from Bitcoins would have to give tax. Their source of income would also be asked, and if they don't pay tax, action will be taken against them,” Chandra told reporters here. Amid the rising popularity of Bitcoins, the Government has, time and again, reiterated that such virtual currencies will not be considered legal tender in India. The Income Tax Department has issued about one lakh notices to people who have invested in cryptocurrencies without declaring these in their IT returns. DON’T USE PLASTIC AADHAAR CARDS NEW DELHI: The UIDAI has cautioned the public against going in for plastic or laminated Aadhaar smart cards saying their unauthorised printing could render the QR code dysfunctional or even expose personal data without an individual's informed consent. So, the downloaded Aadhaar card printed on ordinary paper or m-Aadhaar is valid for all kind of uses. "There is no concept such as a smart or plastic Aadhaar card", an official explained. The nodal body has also cautioned unauthorised agencies and told them to desist from collecting information from public for printing of Aadhaar cards. Any such attempt is a criminal offence punishable with imprisonment under law. GOVT ADMITS TO AADHAAR FRAUDS NEW DELHI: The government on Tuesday admitted that there had been incidents of money being fraudulently withdrawn from bank accounts using the customers' Aadhaar number. As per the information, at least six such cases had been reported by four Public Sector Banks so far, involving fraud of around Rs 1.5 crore, Parliament was told. TAILPIECE KHER, RAM MADHAV ACCOUNTS HACKED NEW DELHI: Twitter on Tuesday temporarily shut down the accounts of veteran actor Anupam Kher, RSS leader and BJP General Secretary Ram Madhav and senior Indian journalist and Member of Parliament Swapan Dasgupta after they were Kher's account handle was changed from @anupampkher to @ anupampkhertc and his tweets bore unusual messages. The messages were later deleted. `2 WEATHER 310C. 200C. Sunrise: 7:10 am Sunset: 6:35 pm Sona fightS for freedom of elephantS Pg 20 THOUGHT FOR THE DAY: “Freedom is when you really get your own powers, which are within you.” VOL. 61 NO. 298 | WEDNESDAY | FEBRUARY 7, 2018 | 24 PAGES EDITIONS : MUMBAI*, PUNE, INDORE, BHOPAL twitter.com/fpjindia freepressjournal.in INDIA IS ‘DISTURBED’ AFTER MALDIVES SOS FPJ NEWS SERVICE Male/Colombo/New delhi Former Maldivian President Mohamed Nasheed has requested India to intervene in the ongoing political crisis in the archipelago triggered by an embattled President Abdulla Yameen, who has declared an emergency and arrested the top judges. Within hours of the SOS, the External Affairs issued its first official statement on the situation to say that “we are disturbed.” The MEA has every reason to be concerned: President Yameen has been close to China. Incidentally the tiny , nation is located near key shipping lanes; the Maldives has assumed even greater importance after China embarked on its so-called "String of Pearls" strategy to build a network of ports in EDIT Pg 8 ‘Troops in readiness’ LET men free Pak ultra after hospital shooting OUR CORREPONDENT Srinagar A Lashkar operative and a national of Pakistan, Naveed Jat aka Abu Hanzullah, was freed by suspected Lashkar militants after an audacious shooting in Srinagar’s premier Hari Singh Hospital on Tuesday . Naveed’s two police escorts were killed when the pheranclad Lashkar militants opened fire on them in the hospital's parking lot. He was being guarded by three constables of the Jammu and Kashmir Police and being escorted along with five others to the hospital for a routine medical check-up. Still in handcuffs when the shooting happened, Naveed ran out of the hospital. He fled with the assailants on a motorcycle. Naveed Jat is still on the run but that is the least of the State administration’s worry; all indications are that it was an inside job. Such a meticulous operation could not have We are not your garbage collectors: SC tells Centre AGENCIES New Delhi ‘‘We are not garbage collectors". This was the response of a distressed Supreme Court on Tuesday when the Central government submitted an 845-page affidavit on solid waste management plan.Frowning at the bulky affidavit filed by the Centre which the two judge Bench said lacked even the basic details, the court declined to take the affidavit on record and observed that the government cannot dump junk before it and there was no point in filing an affidavit if it contained "nothing". "What are you trying to do? Are you trying to impress us? We are not impressed. You are trying to dump everything on us. We are not going to accept it," the bench told advocate Wasim A Qadri, who was appearing for the Centre. "Do not do this. Whatever junk you have, you dump it before us. We are not garbage collectors. Be absolutely clear about this," the bench said. The scathing remarks came during a hearing on a matter related to implementation of Solid Waste Management Rules 2016 across the country . The court directed the government to file a chart within three weeks indicating whether the states and union territories (UTs) have constituted state-level advisory been planned without the connivance of the hospital staff. It is suspected that the Lashkar militants had received a tipoff on Naveed’s arrival – this could have come from within the force or from a mole in the hospital. Naveed was lodged in Srinagar's Central Jail. The Deputy Inspector General of Police, Central Kashmir, Ghulam Hasan Bhat, has accepted that it was a “wellplanned attack”. ‘‘Naveed did not fire, it was a planned attack and the firing was by suspected militants and not the detainees who were brought in for the check up,” Bhat revealed. CONTD. ON P6 Cong, NCP set to share the political space once again FPJ POLITICAL BUREAU Mumbai boards in accordance with the provision of the 2016 rules. It also asked the government to state in its chart the date when the advisory boards were constituted in the states and UTs, names of its chairperson and members and also details of meetings conducted by them. At the outset, Qadri told the bench that after the apex court's December 12 order, the Centre had written to all the states and UTs on the issue and 22 states have given the details so far. He said these details have been compiled in the affidavit. However, the bench said, "You had framed rules in 2000 but nobody (states and UTs) implemented them. Then you came out with 2016 rules but nobody seems to be interested. Are states not bound by the Union of India's advice?" "Why do you pass these kind of rules? You withdraw these rules," the bench said. The NCP and the Congress are inching towards each other yet again; they even broke the ice and had preliminary talks on Tuesday , the first step before the two leaderships decide on a common political strategy for the 2019 Lok Sabha elections. The indication from both camps is that they are inclined to share the political space. Emerging from the meeting, senior Congress leader Ashok Chavan said, "All is well between the Congress and the NCP The na. tional leadership will take the final call on the alliance for Assembly and national elections." In 2014, for the first time in 15 years, the Congress and the Nationalist Congress Party had fought alone in both Parliament and state elections. Since their pathetic loss, the leaders have tried to find a middle ground before they forge an alliance of sorts. One stumbling block all this while has been NCP leader Sharad Pawar’s lukewarm attitude towards Rahul Gandhi but it seems the former has reconciled to the change in leadership and is ready to play along, if it helps them to wrest the government in Maharashtra. Pawar had said in Pune recently that like-minded parties should come together to oust the BJP . CONTD. ON P6 or to the law coming into force on September 9, 2005. The 2005 amendment to the Hindu Succession Act did not provide its retrospective operation. A Bench of Justices A K Sikri and Ashok Bhushan ruled that "sons and daughters of a coparcener become coparceners by virtue of birth" and as such the amendment gives all Hindu women, irrespective of birth date, share in father's property . It held that the change introduced by Parliament was made on the touchstone of equality to remove the "perceived disability and prejudice" to which a daughter was subjected. The Bench was dealing with an appeal against the Karnataka High Court the Indian Ocean region, ostensibly to encircle India. “We are disturbed by the declaration of a State of Emergency in the Maldives following the refusal of the Yameen Government to abide by the unanimous ruling of the full bench of the Supreme Court on 1 February and also by the , suspension of Constitutional rights of the people of Maldives,” the MEA said in a statement on Tuesday evening. Her Holiness Mataji Nirmala Devi Maharaj According to sources, the exiled former president Nasheed has sought India's military intervention in Maldives to resolve the ongoing political crisis. "We must remove Yameen from power. The people of the Maldives have a legitimate request to world governments, especially to India and the United States", said Nasheed, who is currently in Sri Lanka. CONTD. ON P6 Sonu security is beefed up STAFF REPORTER Mumbai Trump bubble bursts FPJ NEWS SERVICE New York/London/Mumbai Wall Street stocks plunged in chaotic trading on Tuesday with the Dow Jones Industrial Average witnessing its steepest ever one-day point drop, wiping 4.6 per cent off the value of America's 30 largest companies. The rout in US markets continued to ripple around the globe – Japanese shares were down about 7 percent at one point before ending 4.7 percent lower, while markets in Hong Kong and Taiwan closed down about 5 percent. An index of Chinese companies listed in Hong Kong fell nearly 6 percent. The selling was broad, hitting companies of all sizes across many industries. The Sensex, too, plunged nearly 1,275 points before recouping and closing 561 points lower at 34,195. The trigger for the global selloff was job data in US, which showed American wages increasing at the fastest pace since 2009. CONTD. ON P6 The Trump bump President Trump is no longer talking about the stock market – his favourite theme. But that is not surprising. On television screens on Tuesday, a graphic showed the Dow Jones industrial average seemingly in free fall — down 500 points, down 600, down 800, down 1,000. Trump was at that time speaking in Blue Ash, Ohio; by the time he was through, the bearish market had plunged by nearly 1,600 points before recovering somewhat to close 1,175 points down. Trump loves to crow about the market – According to a report in the New York Times, he took credit for the market at least times in January alone. Even 25 when the Dow fell 363 points on the day of State of the Union his address last week, Trump simply ignored the drop and talked about how the market had “smashed one record after another” since his election. Will RBI leave policy rates unchanged today? Meat shop cannot be shut on mere beef suspicion:HC AGENCIES Mumbai In a relief to meat sellers in Palghar district, the Bombay High Court has stayed a notice issued to them by the civic body asking them to , shut shop on the suspicion that they were selling beef. A bench of justices A S Oka and P N Deshmukh asked whether mere suspicion was a valid ground to suspend the licences of the meat sellers, who had apparently not breached any terms and conditions of their licences. The bench was hearing a petition filed by about 20 meat sellers from the Palghar's Nallasopara area, challenging a notice issued to them on December 16, 2017, by the Vasai Virar Municipal Corporation. "On what basis has the corporation suspended the licences? On mere suspicion? Is it a common practice to go about suspending licences even if there is no apparent breach of terms and conditions?" the bench asked. Through the notice, the civic body had informed the petitioners that their licences to sell meat had been suspended until further notice. The VVMC had also written to the local police asking them to help ensure that the petitioners did not keep their shops open. As per the VVMC, on December 15-16 last year, it seized around 550 kg of beef from the area where the meat shops are located. Since any slaughter and sale of beef across Maharashtra is illegal, the civic body initiated an inquiry Suspecting . that beef might have come from one of the local meat sellers, it suspended the licences of all meat sellers in and around the locality . The petitioners, however, denied that they were involved in the matter. They also said the VVMC's notice did not even make any allegations that they had breached their licence terms, or they had been found selling anything illegal. They said the civic body simply revoked their licences and asked them to shut shop. "We are aware that some illegal slaughter and sale of beef is rampant in the locality We . have no role in it," the petitioners' lawyer, Drupad Patil, told the HC. They also submitted receipts for the meat that they purchased from the adjoining Thane district. judgment not recognising daughters born prior to the 2005 amendments as co- parceners in father's ancestral property . The case relates to one Gurulingappa Savadi, who died in 2001, leaving behind his two sons, two daughters and a widow. A year later, his grandson filed a suit for partition of the family property leaving out his , two aunts, i.e. daughters of late Savadi. The aunts went to court seeking their share in father's property The trial . court's decision came on August 9, 2007, almost two years after the Hindu Succession Act, 1958, was amended. Confusion prevailed on this subject in the past as a full Bench of the Bombay High Court held that the daughters born prior to the date when the law was The Mumbai police has stepped up the security of singer Sonu Nigam in the wake of a fresh security threat. As per the advisory , the singer can be attacked by terrorists at a public place or during a film promotion. The other personalities on the terror radar are BJP president Amit Shah and state unit leaders Ram Kadam and Ashish Shelar. The Maharashtra State Intelligence Department has accordingly issued an advisory to the Mumbai Police. On April 16, 2016, Nigam had lashed out at "forced religiousness" after being woken up by the azaan from a nearby mosque. He had tweeted, "God bless everyone. I am not a Muslim and I have to be woken up by the Azaan in the morning. When will this forced religiousness end in India? And by the way Mohammed did not have electricity when he founded Islam. Why do I have to have this cacophony after Edison? I do not believe in any temple or gurdwara using electricity to wake up people who do not follow the religion. Why then? Honest? True? Gundagardi hai, bus." Nigam had even shaved off his head in defiance of a 'fatwa' issued by a member of the West Bengal Minority Council, who offered to pay Rs 10 lakh as a reward to anyone who garlands him with old shoes. City Radar PM FOR AIRPORT PUJA: Prime Minister Narendra Modi has accepted the invitation of Maharashtra chief minister Devendra Fadnavis to perform bhumipoojan of Navi Mumbai International Airport on February 18. Accordingly, the City and Industrial Development Corporation is preparing for the grand event. SUGAR, CHANA IMPORT DUTY HIKED: The government on Tuesday raised import duty on sugar to 100% from 50%, and on chana to 40% from 30%, in a bid to curb fall in prices of these commodities. Chana futures on the National Commodity and Derivatives Exchange rose over one per cent following the announcement. WARRANT FOR EKBOTE: The Pune Sessions Court has issued an arrest warrant against Milind Ekbote, the co-accused in Bhima-Koregaon caste riots. The Pune sessions court as well as the Bombay High Court have already rejected his bail plea. DAUGHTER’S SHARE IN PROPERTY: NO RETRO BAR GENDER NEUTRAL LAW FROM OUR BUREAU New Delhi In a landmark judgment that will benefit millions of women and their children, the Supreme Court has held that a 2005 law that made the daughters equal to the sons in claiming right in their father's property will have retrospective effect in case of daughters born pri- amended will not have any part in their father's property . The High Courts of Delhi, Orissa and Karnataka took a different view, holding that daughter born prior to the amendment but who are alive on the date when the amendment came into force will be equally entitled as sons to the share in father's property .