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.
Prosecution u/s 51(1) of Black Money Act independent of Tax Liability Assessment u/s 10: Delhi HC dismisses plea by Sanjay Bhandari [Read Order]
The Delhi High Court in a notable judgment held that prosecution proceedings under Section 51(1) of The Black Money ( Undisclosed Foreign Income And...
![No Prejudicial Infirmity by Customs during Seizure of Contraband u/s 110: Delhi HC Rejects Bail of Alleged Methaqualone Smuggler [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/Customs-Delhi-High-Court-Delhi-HC-rejects-bail-in-methaqualone-case-Customs-seizure-under-Section-11-TAXSCAN-1.jpg "No Prejudicial Infirmity by Customs during Seizure of Contraband u/s 110: Delhi HC Rejects Bail of Alleged Methaqualone Smuggler [Read Order]")
![Delhi HC grants Relief to Calcom Vision: Challenge of Assessment Procedure maintainable u/s 81 of DVAT Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/Delhi-HC-Assessment-Procedure-Section-81-DVAT-Act-Calcom-Vision-news-DVAT-Act-Calcom-Vision-TAXSCAN.jpg "Delhi HC grants Relief to Calcom Vision: Challenge of Assessment Procedure maintainable u/s 81 of DVAT Act [Read Order]")
![Relief to Discovery Communications India: Delhi HC halts Reopening of Assessment beyond 4 Years w/o Essential Requirements [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/Delhi-High-Court-Discovery-Communications-India-Income-Tax-assessment-Discovery-Communications-tax-case-taxscan.jpg "Relief to Discovery Communications India: Delhi HC halts Reopening of Assessment beyond 4 Years w/o Essential Requirements [Read Order]")
Delhi HC upholds PCIT Order overruling AO’s erroneous Land Classification in Income Tax Assessment Order [Read Order]
The Delhi High Court in a recently upheld an Order passed by the Principal Commissioner of Income Taxes, Delhi-11 ( PCIT ), ruling against the incorrect classification of an Assessee’s land by the...
![Delhi HC upholds PCIT Order overruling AO’s erroneous Land Classification in Income Tax Assessment Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/Income-Tax-Income-Tax-Assessment-Order-Delhi-High-Court-Delhi-HC-on-Land-Classification-in-Tax-Assessment-Taxscan.jpg "Delhi HC upholds PCIT Order overruling AO’s erroneous Land Classification in Income Tax Assessment Order [Read Order]")
Alternative Remedies to be Exhausted before Approaching HC to Quash GST Demand SCN: Bombay HC [Read Order]
The Bombay High Court was recently faced with multiple petitions pertaining to the quashing of demand notices issued under the Goods and Services Tax ( GST ) Acts, filed by separate entities involved...
![Alternative Remedies to be Exhausted before Approaching HC to Quash GST Demand SCN: Bombay HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/GST-Goods-and-Services-Tax-GST-Act-Bombay-High-Court-SCN-TAXSCAN-2.jpg "Alternative Remedies to be Exhausted before Approaching HC to Quash GST Demand SCN: Bombay HC [Read Order]")
Delayed Income Tax Penalty Order u/s 271C for failure to Deduct TDS not Sustainable: Delhi HC [Read Order]
The Delhi High Court recently quashed an Income Tax Appeal filed by the Revenue, ruling that delayed order levying penalty on an Assessee under Section 271C of the Income Tax Act, 1961 for default in...
![Delayed Income Tax Penalty Order u/s 271C for failure to Deduct TDS not Sustainable: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/Delhi-High-Court-Delhi-HC-Income-Tax-Penalty-Delayed-Income-Tax-Penalty-Order-Income-Tax-Tax-Deducted-at-Source-taxscan.jpg "Delayed Income Tax Penalty Order u/s 271C for failure to Deduct TDS not Sustainable: Delhi HC [Read Order]")
Deadline Alert! GST Compliances due during November and December 2024 - GSTR 3B, 5A, 9, 9C and RFD-10
The Goods and Services Tax (GST) regime introduced in India in 2017, unified indirect taxes under a single mechanism, streamlining tax administration and adherence. Entities registered under GST have...
NSE not ‘Statutory Authority’ to Block Issue of Duplicate Share Certificates: Bombay HC [Read Order]
The High Court of Judicature at Bombay while adjudicating a matter before it opined that the National Stock Exchange ( NSE ) should not have illegitimately used its dominating position to block the...
₹46 Lakh Ex-Parte Income Tax Addition after Assessment u/s 144 & 147 w/o Opportunity to adduce Evidence: ITAT Remits matter [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal ( ITAT ) recently set aside the addition of Rs.46,58,891/- made to an Income Tax Assessment passed under Sections 144 and 147 of the Income Tax...
![₹46 Lakh Ex-Parte Income Tax Addition after Assessment u/s 144 & 147 w/o Opportunity to adduce Evidence: ITAT Remits matter [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/Income-Tax-ITAT-ITAT-Delhi-Income-Tax-Addition-Income-Tax-Assessment-ex-parte-TAXSCAN.jpg "₹46 Lakh Ex-Parte Income Tax Addition after Assessment u/s 144 & 147 w/o Opportunity to adduce Evidence: ITAT Remits matter [Read Order]")
Savings A/c Cash Deposits treated as ‘Unexplained Money’ during Income Tax Assessment: ITAT Remands matter to AO [Read Order]
The Hyderabad Bench of the Income Tax Appellate Tribunal ( ITAT ) was recently faced with a matter wherein an Assessee’s Cash Deposits in their Savings Bank Account were treated as ‘Unexplained...
![Savings A/c Cash Deposits treated as ‘Unexplained Money’ during Income Tax Assessment: ITAT Remands matter to AO [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-ITAT-Hyderabad-Cash-Deposit-Income-Tax-Assessment-Income-Tax-Income-Tax-Appellate-Tribunal-Taxscan.jpg "Savings A/c Cash Deposits treated as ‘Unexplained Money’ during Income Tax Assessment: ITAT Remands matter to AO [Read Order]")