Interest provision falls when the underlying award is set aside, but statutory meeting expenses remain fully deductible. Issue Whether a provision for interest on an arbitral award is allowable as a business deduction under section 37(1) if the core arbitral award itself is subsequently set aside by the Supreme Court. Whether expenditure incurred by a… Read More »
CPC has jurisdiction for audit-based adjustments, but double disallowance under section 14A is legally impermissible. Issue Whether the Central Processing Centre (CPC) has the jurisdiction under section 143(1)(a)(iv) to make an adjustment based on disallowances quantified in a tax audit report but omitted by the assessee in their returned income, and whether a section 14A… Read More »
University receiving government grants below 50% fails “substantially financed” criteria, losing tax exemption. Issue Whether an educational university can claim income tax exemption under section 10(23C)(iiiab) if its government grants do not exceed the 50% threshold of total receipts required by rule 2BBB to be deemed “substantially financed by Government.” Facts The assessee-university was established… Read More »
Share chats, canvases, and generated media from the Gemini app securely via Google Drive Share chats, canvases, and generated media from the Gemini app securely via Google Drive We are introducing the ability for Workspace users on the web to share snapshots of their chats, canvases, and generated media in the Gemini app. Because this… Read More »
Google Chat external interoperability with Microsoft Teams via NextPlane OpenHub is now available Google Chat external interoperability with Microsoft Teams via NextPlane OpenHub is now available Organizations often need to collaborate with customers, partners, and suppliers who use Microsoft Teams. NextPlane OpenHub was built to bridge this Google Chat and Microsoft Teams divide, and it is now… Read More »
New ways to find your favorite sources and original content in AI Search New ways to find your favorite sources and original content in AI Search Google bringing Preferred Sources to AI Overviews and AI Mode and launching more new ways to help you find high-quality content and firsthand perspectives. When you come to Search,… Read More »
Introducing Google AI Threat Defense to help you outpace the adversary Introducing Google AI Threat Defense to help you outpace the adversary Francis deSouza COO, Google Cloud and President, Security Products Summary of today’s news Attackers are using AI to discover and leverage vulnerabilities at unprecedented speeds. Security and engineering teams can no longer manually find,… Read More »
Simplify decision-making with Polly, now available for Google Chat Simplify decision-making with Polly, now available for Google Chat Making decisions in a fast-paced environment often leads to long, messy threads and lost consensus. Polly helps teams solve this by enabling the creation of interactive polls within existing Chat conversations. By keeping the feedback loop inside the “flow… Read More »
Google Fitbit Air has landed: Get your newest health and fitness partner today! Google Fitbit Air has landed: Get your newest health and fitness partner today! Hey Google Health Community, With new changes to the Google Health Community comes a brand new product on shelves today. We’re very excited to announce that Google Fitbit Air is now available… Read More »
PNB Bank Nomination Claim PNB Bank Nomination Claim form Download Based on the provided Punjab National Bank (PNB) Claim Form (PNB 831) (PNB 831 – … p. 1), here are the key essential points: Form Purpose & Scope Deceased Claims: Used by a registered nominee to claim assets belonging to a deceased customer (PNB 831… Read More »