OnePlus 5 is due to be launched soon and it will feature Qualcomm’s latest Snapdragon 835 processor
OnePlus has announced that its latest flagship OnePlus 3T, will soon be discontinued. The production of OnePlus 3T has already reached the end of its production life, and sale of the devices will continue till the stock lasts.
The latest development comes days after the company’s CEO revealed that the next flagship smartphone OnePlus 5 will be launched soon and will feature Qualcomm’s latest Snapdragon 835 processor.
Recently, the China-based smartphone manufacturer OnePlus teamed up with DxO, a software company with expertise in image processing software, to enhance the photography capabilities of the upcoming OnePlus 5 smartphone.
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In a blog post on the OnePlus official forum, the company said: “We are happy to announce that we have teamed up with DxO to enhance your photography experience with our upcoming flagship, the OnePlus 5. DxO is perhaps most well-known for creating the defining photography benchmark, the DxOMark. They’ve got years of imaging experience and expertise, both for professional cameras and for smartphones.”
“But we can only go so far in telling you that we’re excited to be working with DxO. Our friend Etienne Knauer, SVP Sales & Marketing at DxO, had this to say: “OnePlus has always been one of the leading innovators in the smartphone industry, and we are proud to partner with them and support their exciting mobile photography strategy.” (more)
I-T department could now ask for supporting documents to prove that you are a genuine tenant
If you have been producing fake rent receipts to lessen your tax burden there is a bad news for you now.
You may no longer be able to claim income tax deductions for house rent allowance (HRA) by fabricating fake bills. The income tax department may now ask for proof from the tax payer showing that he is a genuine tenant.
According to a report in Economic Times, Dilip Lakhani, senior tax advisor, Deloitte Haskins & Sells LLP said, “The ITAT (Income Tax Appellate Tribunal) ruling has now laid down the criteria for the assessing officer to consider the claim of a salaried employee and if necessary question its justification. This will put the onus on the salaried class to follow the rules in availing the tax rebate.”
ITAT Mumbai recently struck down the HRA exemption claim of a salaried individual for rent paid to her mother. This opens a pandora’s box for all salaried people as now an IT officer can ask for proof such as leave and licence agreement, letter to the housing co-operative society informing about the tenancy, electricity bill, water bill and so on.
Till now, a salaried person receiving HRA could escape paying tax on 60% of the amount by submitting a rent receipt. Now, it may not be possible as the department could ask for supporting documents.
This Tribunal ruling comes a few months after the government’s decision to cap the loss on property bought with borrowed money. According to this ruling a person producing fake rent receipt will be deemed as counterfeit and no required documents will be available with him. There may not be any genuine rent outflow from the person and in some circumstances even if the person is a genuine tenant, the amount mentioned in the receipt may be more than what’s paid.
However, if you pay more than Rs 1 lakh annually towards house rent, then quoting landlord’s PAN is mandatory for claiming tax benefit under House Rent Allowance.
It is a modular concept car consisting a four-wheeled rolling platform
Aircraft manufacturer Airbus has teamed with the design firm Italdesign to create a flying-car concept, reports Car and Driver. Dubbed the Pop.Up, it is a two-seat city car with a modular concept that consists of a four-wheeled rolling platform, a passenger compartment, and a 14.4-foot-long by 16.4-foot-wide rooftop drone.
It was showcased at the Geneva Motor Show on Wednesday. It is a car that flies.
If the rolling chassis and rooftop drone are the bread of the Pop.Up, you could consider the carbon-fiber passenger compartment as the meat in the sandwich, says the blog on Car and Driver.
Airbus and Italdesign’s Pop.Up flying car debut at the Geneva Motor Show. Photo: Facebook
Measuring 102.4 inches long and 55.1 inches tall, the passenger module is truly a space for storing two people. Greeting passengers is a giant screen where one would
Watch: Airbus showcases a concept car that can fly
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