The “Thinking Time” Trend: Programming the AI Compute Dial The biggest shift in artificial intelligence is no longer about expanding context windows or training on more web data—it is about inference-time compute, commonly known as “Thinking Time.” Frontier reasoning models—such as OpenAI’s GPT-5.4 Pro and Anthropic’s Claude 4.6/4.8 Sonnet—have moved away from immediate, word-by-word text… Read More »
Deferred Part Of Time Share Membership Fees Justified Where Continuing Obligations Extend Over Membership Tenure Issue Whether an assessee engaged in selling time-share memberships can spread and defer a portion (40%) of the collected membership fees over the tenure of the membership based on continuing future contractual obligations, or whether the entire amount must be… Read More »
Difference Between Stamp Duty Value And Leasehold Acquisition Price Attracts Section 56(2)(x) But Requires DVO Valuation Issue Whether the provisions of Section 56(2)(x) of the Income-tax Act, 1961 (or Section 92 of the Income-tax Act, 2025) are applicable to the acquisition of leasehold rights in an immovable property for a consideration less than the stamp… Read More »
Case I: Unexplained Investments and Statements Under Section 132(4) Unexplained investment addition cannot be sustained solely on search statements without corroborative physical evidence Issue Whether an addition of undisclosed income under Section 69 can be sustained purely on the basis of a statement recorded under Section 132(4) during a search, in the complete absence of… Read More »
Compulsory Acquisition Compensation Under Mediation Agreement Exempt From TDS Under Income Tax Act Issue Whether tax is liable to be deducted at source (TDS) under Section 194LA of the Income-tax Act, 1961 (or Section 393 of the Income-tax Act, 2025) on compensation amounts payable for the compulsory acquisition of land when disbursed under a formal… Read More »
Compulsory Acquisition Compensation Paid Under Mediation Agreement Is Not Subject To TDS Under Income Tax Act Issue Whether tax must be deducted at source (TDS) under Section 194LA of the Income-tax Act, 1961 (or Section 393 of the Income-tax Act, 2025) on compensation amounts awarded for the compulsory acquisition of land when the payment terms… Read More »
Case I: R&D Deductions Certified by DSIR Cannot Be Overruled by Assessing Officer Based on Survey Issue Whether the Assessing Officer or Dispute Resolution Panel can override the weighted deduction certified by the Department of Scientific and Industrial Research (DSIR) under Section 35(2AB) based merely on subsequent survey statements. Facts The assessee, an Indian tyre… Read More »
Compulsory Acquisition Compensation Paid Via Mediation Agreement Exempt From TDS Under Income Tax Act Issue Whether tax is required to be deducted at source (TDS) under Section 194LA of the Income-tax Act, 1961 (or its corresponding subsequent provisions) on compensation amounts, including payments distributed through individual or joint accounts pursuant to a Mediation Agreement, arising… Read More »
Open Source vs. Closed Source: The Strategic AI Crossroads The choice between downloading an open-source model via platforms like Hugging Face or paying for a proprietary subscription like OpenAI (GPT-4o) is no longer about capability. High-performing open-weight models (such as Llama 3, Mistral, and specialized reasoning engines like Qwen 3.5 or GLM-5) have narrowed the… Read More »
Best AI Website Builders: Launch Your Site in Minutes The barrier to entry for launching a professional website has officially collapsed. In 2026, building a website is no longer about dragging boxes across a screen or writing CSS media queries. Instead, Agentic AI Website Builders can generate complete, production-ready digital architectures from a single text… Read More »