Avinash Kurungot
Avinash Kurungot is a B.B.A. LL.B (Hons.) Graduate from Christ University, Bangalore. Following a stint in Civil Litigation, marking appearances across the High Court of Kerala and various sub-courts, he has channelled his skills towards developing engaging tax, finance and news content.
![ITAT allows LTCG Exemption u/s 54 of Income Tax Act in spite of Filing Belated ITR [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Income-Tax-Income-Tax-Act-ITAT-ITAT-Ahmedabad-ITR-Filing-TAXSCAN.jpg "ITAT allows LTCG Exemption u/s 54 of Income Tax Act in spite of Filing Belated ITR [Read Order]")
ITAT allows LTCG Exemption u/s 54 of Income Tax Act in spite of Filing Belated ITR [Read Order]
In a recent ruling, the Ahmedabad Bench of the Income Tax Appellate Tribunal ( ITAT ) decreed that filing of Belated Income Tax Returns does not...
![Absence of Incriminating Evidence warranting Abatement of Assessment: ITAT deletes Additions on sale of Agricultural Land [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Income-Tax-Sale-of-Agricultural-Land-Income-Tax-Assessment-ITAT-TAXSCAN.jpg "Absence of Incriminating Evidence warranting Abatement of Assessment: ITAT deletes Additions on sale of Agricultural Land [Read Order]")
![Lack of Adverse observations by AO: ITAT allows long-term Capital Gain Exemption [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Itat-ao-assessing-officer-ltcg-long-term-capital-gain-exemption-ltcg-exemption-itat-allows-ltcg-exemption-itat-on-ltcg-exemption-Adverse-observations-tax-news-ltcg-news-taxscan.jpg "Lack of Adverse observations by AO: ITAT allows long-term Capital Gain Exemption [Read Order]")
![No Concealment of Income: ITAT rebukes CIT(A) for sustaining Penalty Order by AO under Wrong Provisions [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Income-Tax-Income-Tax-Order-Income-Tax-Commissioner-Penalty-order-by-AO-TAXSCAN.jpg "No Concealment of Income: ITAT rebukes CIT(A) for sustaining Penalty Order by AO under Wrong Provisions [Read Order]")
![Genuineness of small-time Investments: ITAT directs AO to delete Additions of Rs.22,02,620/- [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/ITAT-ITAT-Delhi-small-time-Investments-Assessing-Officer-small-time-investors-taxscan.jpg "Genuineness of small-time Investments: ITAT directs AO to delete Additions of Rs.22,02,620/- [Read Order]")
Pendency of Insolvency Proceedings: Delhi HC quashes Reassessment Notice u/s 148 of Income Tax Act [Read Order]
The Delhi High Court decided on a matter before it seeking to impugn a notice under Section 148 of the Income Tax Act issued by the Assistant Commissioner of Income Tax for the Assessment Year...
![Pendency of Insolvency Proceedings: Delhi HC quashes Reassessment Notice u/s 148 of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Delhi-High-Court-ncome-Tax-Act-Reassessment-Notice-Reassessment-Taxscan.jpg "Pendency of Insolvency Proceedings: Delhi HC quashes Reassessment Notice u/s 148 of Income Tax Act [Read Order]")
Initiation of Legal Proceedings against Mercator Ltd during Moratorium: ITAT upholds IBC Provision against Deputy Commissioner of Income Tax [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal ( ITAT ) adjudicated two cross appeals filed by the Deputy Commissioner of Income Taxes, Mumbai against Mercator Ltd., Mumbai undergoing...
![Initiation of Legal Proceedings against Mercator Ltd during Moratorium: ITAT upholds IBC Provision against Deputy Commissioner of Income Tax [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/ITAT-ITAT-Mumbai-IBC-Insolvency-and-Bankruptcy-Code-Mercator-Ltd-Legal-Proceedings-taxscan.jpg "Initiation of Legal Proceedings against Mercator Ltd during Moratorium: ITAT upholds IBC Provision against Deputy Commissioner of Income Tax [Read Order]")
Directors can update Mobile Number/E-Mail ID anytime during the FY by e-form DIR-3 KYC in MCA Portal: Know all details here [Read Notification]
The Ministry of Corporate Affairs ( MCA ) on 16 July, 2024 released a new guideline amending Rule 12A in the Companies (Appointment and Qualification of Directors) Rules, 2014. The Amendment permits...
