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.
84 Years of ITAT: Law Minister Arjun Meghwal and CJI B.R. Gavai Laud Tribunal’s Contribution to Tax Justice System
84 years have passed since the founding of The Income Tax Appellate Tribunal (ITAT). Since its establishment in 1941, the ITAT has formed the...
![Manipur GST (Second Amendment) Ordinance, 2025: Track-and-Trace System, New Penalties and ITC Clarifications Introduced [Read Notification]](https://images.taxscan.in/h-upload/2025/10/09/250x150_2095077-income-tax-notice-issued-within-limitation-supreme-court-interfere-patna-hc-dismissing-petition-taxscan.webp "Manipur GST (Second Amendment) Ordinance, 2025: Track-and-Trace System, New Penalties and ITC Clarifications Introduced [Read Notification]")
![RBI Overhauls Ombudsman Framework: Issues Draft Schemes for Banks & Regulated Entities to Strengthen Customer Protection [Read Press Release]](https://images.taxscan.in/h-upload/2025/10/09/250x150_2095042-rbi-rbi-releases-draft-on-master-directions-on-cyber-resilience-digital-payment-security-controls-payment-system-operators-cyber-resilience-and-digital-payment-security-controls.webp "RBI Overhauls Ombudsman Framework: Issues Draft Schemes for Banks & Regulated Entities to Strengthen Customer Protection [Read Press Release]")
![Part Payment by Corporate Debtor Extends Limitation Period for Filing Insolvency Application: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2025/10/06/250x150_2094456-nclat-corporate-debtor-part-payment-taxscan.webp "Part Payment by Corporate Debtor Extends Limitation Period for Filing Insolvency Application: NCLAT [Read Order]")
RBI Issues Draft Directions and Invites Comments on Capital Charge and ECL-based Provisioning Framework for Banks [Read Press Release]
The Reserve Bank of India (RBI) on October 7, 2025, issued two sets of draft Directions in pursuance of an announcement made in the Statement on Developmental and Regulatory Policies issued on...
![RBI Issues Draft Directions and Invites Comments on Capital Charge and ECL-based Provisioning Framework for Banks [Read Press Release]](https://images.taxscan.in/h-upload/2025/10/08/500x300_2094842-rbi-ecl-taxscan.webp "RBI Issues Draft Directions and Invites Comments on Capital Charge and ECL-based Provisioning Framework for Banks [Read Press Release]")
RBI Enables Retail Access to FX-Retail Platform via Bharat Connect: Pilot Launched with Axis, SBI, ICICI, Federal & Yes Bank [Read Press Release]
The Reserve Bank of India on October 7, 2025, launched a pilot linking the Clearcorp Dealing Systems (India) Ltd.’s FX-Retail platform with the Bharat Bill Payment System (Bharat Connect).Also...
![RBI Enables Retail Access to FX-Retail Platform via Bharat Connect: Pilot Launched with Axis, SBI, ICICI, Federal & Yes Bank [Read Press Release]](https://images.taxscan.in/h-upload/2025/10/08/500x300_2094831-bharat-connect-taxscan.webp "RBI Enables Retail Access to FX-Retail Platform via Bharat Connect: Pilot Launched with Axis, SBI, ICICI, Federal & Yes Bank [Read Press Release]")
NCLT Approves ₹3.4 Cr Resolution Plan of Ship Leasing Company with 100% CoC Assent subject to Statutory Scrutiny [Read Order]
The National Company Law Tribunal, Mumbai Bench-I (NCLT) recently approved a resolution plan worth ₹3.4 crore submitted by M/s Priyam Projects (I) Pvt. Ltd. for the corporate debtor M/s Steadfast...
![NCLT Approves ₹3.4 Cr Resolution Plan of Ship Leasing Company with 100% CoC Assent subject to Statutory Scrutiny [Read Order]](https://images.taxscan.in/h-upload/2025/10/08/500x300_2094772-nclt-nclt-vacancies-ibc-justice-delayed-justice-denied-taxscan.webp "NCLT Approves ₹3.4 Cr Resolution Plan of Ship Leasing Company with 100% CoC Assent subject to Statutory Scrutiny [Read Order]")
![ICAI Invites Empanelment of Members as Observers for January 2026 CA Exams [Read Announcement]](https://images.taxscan.in/h-upload/2025/10/07/500x300_2094688-icai-icai-invites-empanelment-ca-exams-honorarium-conveyance-assured-taxscan.webp "ICAI Invites Empanelment of Members as Observers for January 2026 CA Exams [Read Announcement]")
Mandatory PAN & Aadhaar Verification in Property Transactions Likely Soon as Income Tax Dept. Tracks Fake PANs in Property Deals [Read Order]
In a bid to tighten compliance and curb tax evasion in the real estate sector, the Income Tax Department is planning to mandate e-verification of Permanent Account Number (PAN) and Aadhaar details...
![Mandatory PAN & Aadhaar Verification in Property Transactions Likely Soon as Income Tax Dept. Tracks Fake PANs in Property Deals [Read Order]](https://images.taxscan.in/h-upload/2025/10/07/500x300_2094613-pan-aadhaar-verification-property-transactions-mandatory-pan-aadhaar-verification-taxscan.webp "Mandatory PAN & Aadhaar Verification in Property Transactions Likely Soon as Income Tax Dept. Tracks Fake PANs in Property Deals [Read Order]")
ICMAI Provides 3rd Extension for CoP Holders to Complete Mandatory CPE Credit Hours for Year 2025-26 [Read Order]
The Institute of Cost Accountants of India (ICMAI) has granted a third extension to Certificate of Practice (CoP) holders for completing their mandatory Continuous Professional Education (CPE)...
![ICMAI Provides 3rd Extension for CoP Holders to Complete Mandatory CPE Credit Hours for Year 2025-26 [Read Order]](https://images.taxscan.in/h-upload/2025/10/07/500x300_2094519-2061371-cma-june-2025-exam-results-cma-cma-june-exam-result-cma-exam-result-icmai-taxscan.webp "ICMAI Provides 3rd Extension for CoP Holders to Complete Mandatory CPE Credit Hours for Year 2025-26 [Read Order]")
MCA Notifies the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Amendment Rules, 2025 [Read Order]
The Ministry of Corporate Affairs (MCA) has issued Notification No. G.S.R. 733(E) dated October 1, 2025, notifying the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and...
![MCA Notifies the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Amendment Rules, 2025 [Read Order]](https://images.taxscan.in/h-upload/2025/10/07/500x300_2094511-mca-taxscan.webp "MCA Notifies the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Amendment Rules, 2025 [Read Order]")