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.
Donald Trump’s 50% Tariffs on Indian Exports Effective Today: $48.2 Bn Trade at Risk amid US-India Talks
US President Donald Trump has doubled down on his intent to increase tariffs levied on goods exported from India, with a ginormous 50% tariff being ...
![SEBI Relaxes Timeline for Stock Brokers to Submit Net Worth Certificate for Offering Margin Trading Facility [Read Circular]](https://images.taxscan.in/h-upload/2025/08/27/250x150_2080891-2054872-taxscan-sebi.webp "SEBI Relaxes Timeline for Stock Brokers to Submit Net Worth Certificate for Offering Margin Trading Facility [Read Circular]")
![IREO MD Lalit Goyal Already Went to US and Returned: Punjab & Haryana HC Dismisses ED’s PMLA Travel-Ban Petition as Infructuous [Read Order]](https://images.taxscan.in/h-upload/2025/08/26/250x150_2080691-ireo-md-lalit-goyal-ireo-ireo-md-lalit-goyal-already-went-to-us-and-returned-taxscan.webp "IREO MD Lalit Goyal Already Went to US and Returned: Punjab & Haryana HC Dismisses ED’s PMLA Travel-Ban Petition as Infructuous [Read Order]")
![Co-op Society Seeks Unblocking/Defreezing of Fixed Deposits to Pay Income Tax Dues: Uttarakhand HC Leaves Decision to Registrar [Read Order]](https://images.taxscan.in/h-upload/2025/08/26/250x150_2080657-uttarakhand-hc-on-cooperative-society-fds-taxscan.webp "Co-op Society Seeks Unblocking/Defreezing of Fixed Deposits to Pay Income Tax Dues: Uttarakhand HC Leaves Decision to Registrar [Read Order]")
Disallowance of ₹1.87 Crore MAT Credit in Schindler India’s Return of Income: ITAT Remands matter to AO to Verify & Allow Necessary Credit [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) recently directed the jurisdictional Assessing Officer (AO) to verify and allow necessary MAT (Minimum Alternate Tax) credit of...
![Disallowance of ₹1.87 Crore MAT Credit in Schindler India’s Return of Income: ITAT Remands matter to AO to Verify & Allow Necessary Credit [Read Order]](https://images.taxscan.in/h-upload/2025/08/26/500x300_2080578-2060606-itat-ruling-income-tax-tribunal-tax-disallowance-taxscan.webp "Disallowance of ₹1.87 Crore MAT Credit in Schindler India’s Return of Income: ITAT Remands matter to AO to Verify & Allow Necessary Credit [Read Order]")
ITAT Permits Schindler India to Exclude ₹1.09 Crore Written-Off from Book Profits noting it was Actual Bad Debt [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) recently permitted elevator and escalator manufacturing giant Schindler India Private Limited (Schindler) to exclude an amount of...
![ITAT Permits Schindler India to Exclude ₹1.09 Crore Written-Off from Book Profits noting it was Actual Bad Debt [Read Order]](https://images.taxscan.in/h-upload/2025/08/26/500x300_2080585-itat-itat-mumbai-bad-debt-bad-debt-schindler-india-taxscan.webp "ITAT Permits Schindler India to Exclude ₹1.09 Crore Written-Off from Book Profits noting it was Actual Bad Debt [Read Order]")
₹26 Lakh Shortfall in Permitted TDS: ITAT Directs AO to Allow Full Claim to Schindler India after Verifying Form 26AS [Read Order]
The Income Tax Appellate Tribunal (ITAT) Mumbai Bench recently directed an Assessing Officer (AO) to allow elevator and escalator manufacturing giant Schindler India Private Limited (Schindler) to...
![₹26 Lakh Shortfall in Permitted TDS: ITAT Directs AO to Allow Full Claim to Schindler India after Verifying Form 26AS [Read Order]](https://images.taxscan.in/h-upload/2025/08/26/500x300_2080577-schindler-india.webp "₹26 Lakh Shortfall in Permitted TDS: ITAT Directs AO to Allow Full Claim to Schindler India after Verifying Form 26AS [Read Order]")
LIC to continue as Public Shareholder during Privatization of IDBI Bank: SEBI Gives Nod Subject to Restrictions
The Securities and Exchange Board of India (SEBI) has approved the reclassification of Life Insurance Corporation of India (LIC) as a public shareholder in IDBI Bank, paving the way for the...
Abuse of Dominant Position by Tying Sale of Additional Fertilizers with Urea in Maharashtra: CCI Orders Probe into RCFL [Read Order]
The Competition Commission of India (CCI) has directed an investigation into Rashtriya Chemicals and Fertilizers Limited (RCFL) on allegations of abusing its dominant position in the...
![Abuse of Dominant Position by Tying Sale of Additional Fertilizers with Urea in Maharashtra: CCI Orders Probe into RCFL [Read Order]](https://images.taxscan.in/h-upload/2025/08/20/500x300_2078517-rcfl-1.webp "Abuse of Dominant Position by Tying Sale of Additional Fertilizers with Urea in Maharashtra: CCI Orders Probe into RCFL [Read Order]")
SEBI Extends Implementation Timeline for Margin Pledge/Re-Pledge Framework Following CDSL & NSDL Representations [Read Circular]
The Securities and Exchange Board of India (SEBI) has extended the timeline for the implementation of ‘margin obligations to be fulfilled through the pledge and re-pledge mechanism in the depository...
![SEBI Extends Implementation Timeline for Margin Pledge/Re-Pledge Framework Following CDSL & NSDL Representations [Read Circular]](https://images.taxscan.in/h-upload/2025/08/19/500x300_2078245-sebi-cdsl-nsdl-representations-taxscan.webp "SEBI Extends Implementation Timeline for Margin Pledge/Re-Pledge Framework Following CDSL & NSDL Representations [Read Circular]")