Delay in Filing Form 10B During COVID-19 Must Be Condoned to Grant Section 12A Exemption Issue Whether the Commissioner of Income Tax (Exemption) was justified in rejecting the assessee’s application under Section 119(2)(b) for condonation of delay in filing Form 10B (audit report) for AYs 2020-21 and 2021-22, thereby denying exemption under Section 12A. Facts… Read More »
Registered Venture Capital Funds Can Claim Sections 10(34) and 10(35) Exemptions Simultaneously With 10(23FB) Issue Whether a SEBI-registered Venture Capital Fund (VCF) claiming exemption under Section 10(23FB) is barred from simultaneously claiming exemptions under Sections 10(34) (dividend income) and 10(35) (income from mutual fund units) of the Income-tax Act, 1961, for Assessment Year 2016-17. Facts… Read More »
Notification No. 91/2026 Notification No. 91/2026 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi 17thJuly, 2026 S.O. 3935(E).—In exercise of the powers conferred by clause (viiaf)to section 47 of the Income-tax Act, 1961 read with section 536(2) of the Income-tax Act, 2025, the Central Government hereby notifies the transfer… Read More »
Notification No. 89/2026 Notification No. 89/2026 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi 17thJuly, 2026 (INCOME TAX) No. 89 of 2026-CBDT S.O. 3936(E).—In exercise of the powers conferred by section 2(112)of the Income-tax Act, 2025(30of 2025) read with rules7(5)(b),(c) and7(8)of the Income-tax Rules, 2026, the Central Government hereby… Read More »
Create, edit and star in videos with two Google Vids updates Create, edit and star in videos with two Google Vids updates Gemini Omni and personal avatars in Google Vids make video creation easier than ever. Now you can generate and edit high-quality clips using everyday language, and create a custom digital avatar to… Read More »
The DMA should not undercut security & privacy for Europeans The DMA should not undercut security & privacy for Europeans Today’s decisions risk undermining vital privacy and security guardrails for millions of Europeans. We have repeatedly offered solutions to safeguard users while satisfying the DMA’s goals, but these rulings discount extensive evidence of user harm.… Read More »
Import and create combo charts in Google Sheets Import and create combo charts in Google Sheets Google Sheets now offers enhanced support for combo charts, providing a more seamless experience when creating multi-series visualizations. Users can create new “Combo” chart types, enabling complex dataset visualization with different scales and metrics without requiring manual re-plotting. These… Read More »
How closed-loop cooling works in Microsoft’s datacenters How closed-loop cooling works in Microsoft’s datacenters Water moves in a never-ending cycle—through clouds, rivers, farms, factories, and homes. Microsoft’s newest datacenter designs are inspired by the same idea: keeping water in motion. Introduced in 2024 and optimized for AI workloads, these new datacenter designs consume zero water… Read More »
Prevention of Pollution by Sewage from Vessels rules 2026 The Gazette of India CG-DL-E-17072026-274576 EXTRAORDINARY PART II—Section 3—Sub-section (i) PUBLISHED BY AUTHORITY NEW DELHI, TUESDAY, JULY 7, 2026/ASHADHA 16, 1948 MINISTRY OF PORTS, SHIPPING AND WATERWAYS NOTIFICATION New Delhi, the 3rd July, 2026 G.S.R. 588(E).—In exercise of the powers conferred by section 131, sub-section (2),… Read More »
Notification under section 10(46) of the Income Tax Act, 1961 in the case of Delhi Pollution Control Committee PAN AADAD2584N (Tax Year 2026 to 2028) The Gazette of India CG-DL-E-16072026-274563 EXTRAORDINARY PART II—Section 3—Sub-section (ii) PUBLISHED BY AUTHORITY NEW DELHI, THURSDAY, JULY 16, 2026/ASHADHA 25, 1948 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF… Read More »