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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.
![RBI Amends Rules on Gold & Silver Lending, Collateral and Basel III; Eases Loan Facilities for Banks and Businesses [Read Amendments] RBI Amends Rules on Gold & Silver Lending, Collateral and Basel III; Eases Loan Facilities for Banks and Businesses [Read Amendments]](https://images.taxscan.in/h-upload/2025/09/30/2092755-rbi-rules-on-gold-silver-lending-collateral-basel-iii-eases-loan-facilities-banks-and-businesses-taxscan.webp)
RBI Amends Rules on Gold & Silver Lending, Collateral and Basel III; Eases Loan Facilities for Banks and Businesses [Read Amendments]
The Reserve Bank of India (RBI) has issued seven amendment Directions and Circulars, revising rules on lending against gold and silver, interest...
No Trade Tax on Reselling Used/Refined Mobil Oil after Cleaning; Not a Manufactured Product: Supreme Court Affirms Allahabad HC Ruling [Read Order]
The Supreme Court of India has affirmed a ruling delivered by the Allahabad High Court that the resale of used mobil oil after cleaning does not amount to manufacture of a new product and hence is...
Supreme Court confirms CESTAT Order Assigning CTH 2712 to Waksol Products: Notes Products Derived from Refining Petroleum [Read Order]
The Supreme Court of India recently affirmed an order passed by the Customs, Excise and Service TaxAppellate Tribunal (CESTAT), classifying Waksol series products under Customs Tariff Heading 2712,...
Adjudicating Authority Bound to Initiate CIRP if Application u/s.10 is Complete and There is No Ineligibility u/s.11: NCLT [Read Order]
A Division Bench of the National Company Law Tribunal at Chennai held that when an application under Section 10 of the Insolvency and Bankruptcy Code is deemed complete and the corporate applicant...


![NCLAT Permits Major Shareholders to Buy Company Property as Directors Breached Interim Order Restraining Sale of Immovable Asset [Read Order] NCLAT Permits Major Shareholders to Buy Company Property as Directors Breached Interim Order Restraining Sale of Immovable Asset [Read Order]](https://images.taxscan.in/h-upload/2025/09/29/2092489-2078318-itat-itat-gives-taxpayer-second-chance-second-chance-to-taxpayer-taxscan.webp)

![Operation Numkhor: 7 Central Agencies to Probe Bhutan Car Smuggling Case as Dulquer Salmaan Challenges Customs Seizure in Kerala HC [Read Order] Operation Numkhor: 7 Central Agencies to Probe Bhutan Car Smuggling Case as Dulquer Salmaan Challenges Customs Seizure in Kerala HC [Read Order]](https://images.taxscan.in/h-upload/2025/09/29/2092423-operation-numkhor-7-central-agencies-probe-bhutan-car-smuggling-case-dulquer-salmaan-customs-seizure-kerala-hc-taxscan.webp)
![Interconnect Service Payments Do Not Constitute “Royalty” Under Income Tax Act: Supreme Court sustains Karnataka HC Decision [Read Order] Interconnect Service Payments Do Not Constitute “Royalty” Under Income Tax Act: Supreme Court sustains Karnataka HC Decision [Read Order]](https://images.taxscan.in/h-upload/2025/09/29/2092274-supreme-court-taxscan.webp)


![No Trade Tax on Reselling Used/Refined Mobil Oil after Cleaning; Not a Manufactured Product: Supreme Court Affirms Allahabad HC Ruling [Read Order] No Trade Tax on Reselling Used/Refined Mobil Oil after Cleaning; Not a Manufactured Product: Supreme Court Affirms Allahabad HC Ruling [Read Order]](https://images.taxscan.in/h-upload/2025/09/27/2091699-supreme-court-allahabad-high-court-no-trade-tax-taxscan.webp)

![Supreme Court confirms CESTAT Order Assigning CTH 2712 to Waksol Products: Notes Products Derived from Refining Petroleum [Read Order] Supreme Court confirms CESTAT Order Assigning CTH 2712 to Waksol Products: Notes Products Derived from Refining Petroleum [Read Order]](https://images.taxscan.in/h-upload/2025/09/27/2091617-download-3.webp)

![Adjudicating Authority Bound to Initiate CIRP if Application u/s.10 is Complete and There is No Ineligibility u/s.11: NCLT [Read Order] Adjudicating Authority Bound to Initiate CIRP if Application u/s.10 is Complete and There is No Ineligibility u/s.11: NCLT [Read Order]](https://images.taxscan.in/h-upload/2025/09/26/2091354-adjudicating-authority-cirp-cirp-if-application-nclt-taxscan.webp)