Business expenses for mall and CAM operations cannot be ad-hoc apportioned to rental income. Issue Whether the Assessing Officer is justified in applying an ad-hoc percentage ratio to apportion and disallow operational expenses (such as repairs, security, employee remuneration, and professional fees) under the head ‘Income from House Property’ when the assessee runs a commercial… Read More »
Reassessment orders are null and void due to failure to provide reasons and applying unamended provisions. Issue Whether the reassessment orders passed under the Income-tax Act are legally sustainable when the Assessing Officer (AO) failed to provide the recorded reasons for reopening the assessment despite repeated requests, and issued Section 148 notices on 01.04.2021 following… Read More »
High Court erred in restoring a suit barred by the Benami Act and illegal objects. Issue Whether a plaint seeking a declaration of title over agricultural properties is liable to be rejected under Order VII Rule 11 of the CPC when the underlying transactions are admittedly benami, designed to bypass land reform laws, and the… Read More »
High Court erred in restoring a suit barred by the Benami Act and illegal objects. Issue Whether a plaint is liable to be rejected under Order VII Rule 11 of the CPC when the plaintiff sues for title based on transactions that are admittedly benami, designed to circumvent agrarian land laws, and where the plaintiff… Read More »
Bank of India Sukanya Samriddhi Account (SSA) Opening of Account FORMS Bank of India SSA FORMS The Sukanya Samriddhi Account (SSA) forms for Bank of India (BOI) are standardized under the Government Savings Promotion Rules. These forms are used to manage the savings scheme specifically designed for the benefit of a girl child. Below are… Read More »
Google Gemini Spark Leaked: Always-On AI Agent Changes Web Automation Forever Major leaks ahead of Google I/O 2026 have revealed Google’s next massive leap in artificial intelligence: Gemini Spark. Formerly developed under the internal codename “Project Remy,” Gemini Spark marks Google’s evolution from a reactive chatbot to a proactive, 24/7 autonomous AI agent that runs… Read More »
Apple’s Siri Makeover: Gemini Integration, Standalone App, and a Major Privacy Twist Expected for iOS 27 Apple is preparing a massive, ground-up overhaul of Siri ahead of its annual Worldwide Developers Conference (WWDC) on June 8. Rather than a simple update to the existing voice prompt system, iOS 27 is expected to turn Siri into… Read More »
INCOME TAX NOTICE LAST DATE AY 2025-26 The last date for the Income Tax Department to issue an official scrutiny notice for Assessment Year (AY) 2025-26 under Section 143(2) is 30 June 2026. Because the Income Tax Department follows different deadlines depending on the type of notice or intimation issued, the timelines for AY 2025-26… Read More »
Top 10 AI Tools & Developer Framework News The most critical updates surrounding the top AI tools, developer ecosystems, and models dominating the news cycle include: xAI Grok Build: Elon Musk officially entered the command-line agent wars by launching Grok Build, a CLI development tool featuring parallel subagents and a skills marketplace targeted at power… Read More »
Why Timely GST Registration Is Essential for Business Growth Synopsis: Timely GST registration helps businesses collect tax legally, claim Input Tax Credit, and build credibility. This article explains why early registration supports long-term growth. Introduction The process of GST registration is essential for businesses in the present day to be able to have legal status… Read More »