Tax Guru

Late Filing of Form 10 Cannot Deny Section 11(2) Deduction: ITAT Ahmedabad

ITAT Ahmedabad allowed ₹8,09,518 deduction under Section 11(2) for AY 2015-16 despite belated Form 10 filing, following a coordinate bench ruling.

DAY 9: When you say 'security,' the call gets routed to IT. I tried selling factory security

Series: 100-Day Challenge, here is what happened when I consulted with AI and made the callsOn the 6th day, I talked a little ...

[Memorandum] Laptop prices soar by "57.9% in one year" and memory kits by "3-4 times" — The memory consumed by AI and the "invisible toll" paid by Japanese con…

In this note, I have been tracking the funding of the AI boom over the past few days, focusing on the "debt" of companies ...
Tax Guru

ITAT Directs CIT(E) to Treat Delayed Form 10AB as Filed in Time

ITAT Mumbai condoned a 417-day appeal delay and directed CIT(E) to treat a Form 10AB application filed 59 days late as timely ...