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.
The Bangalorean Who Paroled his Ferrari! MH-Registered Luxury Car Owner Pays ₹1.4 Crore Road Tax after Karnataka RTO Crackdown
Bengaluru’s romance with exotic supercars took a dramatic turn this week, when a Rosso Corsa red Ferrari SF90 Stradale - valued at a staggering ₹7.5...
![Income Tax Proceedings cannot Survive if Empowering Notices have been Statutorily Quashed: Madras HC [Read Order]](https://images.taxscan.in/h-upload/2025/07/03/250x150_2058591-madras-hc-incometax-taxscan.webp "Income Tax Proceedings cannot Survive if Empowering Notices have been Statutorily Quashed: Madras HC [Read Order]")
![AO Not Bound By Observations of First Appellate Authority during De Novo VAT Assessment: Madras HC Upholds Sales Tax Tribunal Decision [Read Order]](https://images.taxscan.in/h-upload/2025/07/03/250x150_2058525-vat-notice-issue-notice-by-vat-dept-taxscan.webp "AO Not Bound By Observations of First Appellate Authority during De Novo VAT Assessment: Madras HC Upholds Sales Tax Tribunal Decision [Read Order]")
![MCA Amends Constitution of Appellate Authority under Chartered Accountants, Cost Accountants, and Company Secretaries Acts [Read Notification]](https://images.taxscan.in/h-upload/2025/07/03/250x150_2058366-size-1.webp "MCA Amends Constitution of Appellate Authority under Chartered Accountants, Cost Accountants, and Company Secretaries Acts [Read Notification]")
ICSI Lays Down Quick Response & Resolution Time and Service Charter for Time-Bound Redressal of Services by Institute
The Institute of Company Secretaries of India (ICSI) has announced the implementation of its Quick Response & Resolution Time (QRRT) mechanism, accompanied by a comprehensive Service Charter -...
GST Appellate Authority Approves Cash Refund of ₹3.96 Lakh Pre-Deposit with Interest @ 6% p.a. in Penalty Dispute Case
In a significant procedural development within the GST appellate framework, the competent authority has sanctioned the refund of a pre-deposit amounting to ₹3,96,000 along with interest calculated...
Trump-ets Blaring! How the US President is navigating India Trade Deal, Anti-Subsidy Threats against Tesla and Inflation on Chinese Products
US President Donald Trump’s current trade and economic strategy is shaping key global conversations, with a particular impact on India. As negotiators from both countries inch closer towards...
Proper Officer Should follow Formulae u/r 42 and 43 to Compute Utilization of GST ITC and Reversal Thereof: Calcutta HC [Read Order]
In a recent order, the Calcutta High Court emphasized the importance of the assessing authorities to follow the formulae prescribed under Rules 42 and 43 of the CGST Rules for the computation and...
![Proper Officer Should follow Formulae u/r 42 and 43 to Compute Utilization of GST ITC and Reversal Thereof: Calcutta HC [Read Order]](https://images.taxscan.in/h-upload/2025/07/01/500x300_2057617-delhi-high-court-gst-itc-input-tax-credit-taxscan.webp "Proper Officer Should follow Formulae u/r 42 and 43 to Compute Utilization of GST ITC and Reversal Thereof: Calcutta HC [Read Order]")
