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.
Delaying your Income Tax Returns? File soon and Avoid Late Fees, Interest and Penal Action
The countdown to the Income Tax Return (ITR) filing deadline for the financial year (F.Y.) 2024–25 has begun. Owing to the large number of taxpayers...
![“Proceedings to Reopen Assessment not akin to Review Proceedings”: Bombay HC quashes Delayed Reopening due to Change of Opinion [Read Order]](https://images.taxscan.in/h-upload/2025/06/18/2050069-assessment-bombay-high-court-bombay-hc-quashes-taxscan.webp "“Proceedings to Reopen Assessment not akin to Review Proceedings”: Bombay HC quashes Delayed Reopening due to Change of Opinion [Read Order]")
![Rejecting GST ITC Refund on Basis of Extraneous Material: Patna HC Directs Rejection Order be treated as SCN for pursuing Proceedings [Read Order]](https://images.taxscan.in/h-upload/2025/06/18/2050059-gst-itc-refund-taxscan.webp "Rejecting GST ITC Refund on Basis of Extraneous Material: Patna HC Directs Rejection Order be treated as SCN for pursuing Proceedings [Read Order]")
![No S.153C Income Tax Assessment if Documents only ‘Pertain to’ and do Not ‘Belong to’ Assessee: ITAT Deletes ₹85L Addition [Read Order]](https://images.taxscan.in/h-upload/2025/06/20/2050786-itat-itat-delhi-income-tax-assessment-taxscan.webp "No S.153C Income Tax Assessment if Documents only ‘Pertain to’ and do Not ‘Belong to’ Assessee: ITAT Deletes ₹85L Addition [Read Order]")
Supreme Court Advocates Assn. Lambasts ED for Issuing Notice to Adv. Arvind Datar on Basis of Legal Opinion to Client [Read Notification]
The Supreme Court Advocates-on-Record Association (SCAORA) has issued a forceful condemnation of the Enforcement Directorate’s now-withdrawn summons to Senior Advocate Arvind Datar. The SCAORA...
![Supreme Court Advocates Assn. Lambasts ED for Issuing Notice to Adv. Arvind Datar on Basis of Legal Opinion to Client [Read Notification]](https://images.taxscan.in/h-upload/2025/06/18/2050084-supreme-court-advocates-assn-lambasts-ed-notice-adv-arvind-datar-taxscan.webp "Supreme Court Advocates Assn. Lambasts ED for Issuing Notice to Adv. Arvind Datar on Basis of Legal Opinion to Client [Read Notification]")
ICAI Releases Student Activity Calendar 2025–26; Sets Year-Round Academic Roadmap for CA Foundation, Intermediate & Final Aspirants
The Institute of Chartered Accountants of India (ICAI) has officially released its Student Activities Calendar for the academic year (A.Y.) 2025–26. Published by the Board of Studies (Academic),...
Orissa Quarry Tender Dispute: Supreme Court holds Valid Income Tax Return and GST Certificate Sufficient to Qualify as Bidder [Read Order]
The Supreme Court of India recently set aside an order of the Orissa High Court where it called for a re-tender in respect of the Karangadihi Sand Quarry. The division bench of the apex court held...
![Orissa Quarry Tender Dispute: Supreme Court holds Valid Income Tax Return and GST Certificate Sufficient to Qualify as Bidder [Read Order]](https://images.taxscan.in/h-upload/2025/06/14/2044416-quarry-site-img.webp "Orissa Quarry Tender Dispute: Supreme Court holds Valid Income Tax Return and GST Certificate Sufficient to Qualify as Bidder [Read Order]")
Crypto Income Evaders: Income Tax Dept. Heightens Crackdown on Individuals & Entities Misrepresenting VDAs in ITR
India’s Income Tax Department has launched a targeted crackdown on individuals and entities that failed to accurately report income from cryptocurrencies, formally termed ‘Virtual Digital Assets’...
Relief to Louis Vuitton: ITAT Holds Bright Line Test not valid Method for making TPA on Advertisement, Marketing & Promotion [Read Order]
In a significant relief for luxury retail giant Louis Vuitton India Retail Pvt. Ltd. (LV), the Delhi Bench of the Income Tax Appellate Tribunal (ITAT) ruled that the Bright Line Test (BLT) cannot...
![Relief to Louis Vuitton: ITAT Holds Bright Line Test not valid Method for making TPA on Advertisement, Marketing & Promotion [Read Order]](https://images.taxscan.in/h-upload/2025/06/12/2043237-louis-vuitton-site-img.webp "Relief to Louis Vuitton: ITAT Holds Bright Line Test not valid Method for making TPA on Advertisement, Marketing & Promotion [Read Order]")
ICMAI Cooperative Development Board releases Volume V of Quarterly Journal "CMAs Cooperative Digest"
The Cooperative Development Board of the Institute of Cost Accountants of India’s (ICMAI) has recently released the much-awaited Volume V of its quarterly journal titled "CMAs Cooperative Digest". ...
ABN Amro Bank, Stockholm not Swedish Resident as per DTAA: ITAT holds Bharti Airtel required to Deduct TDS on Loan Interest [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) recently held that Bharti Airtel Ltd. was obligated to deduct tax at source (TDS) on interest payments made to ABN Amro Bank’s Stockholm...
![ABN Amro Bank, Stockholm not Swedish Resident as per DTAA: ITAT holds Bharti Airtel required to Deduct TDS on Loan Interest [Read Order]](https://images.taxscan.in/h-upload/2025/06/12/2043056-abn-amro-bank-dtaa-delhi-itat-bharti-airtel-tds-loan-interest-taxscan.webp "ABN Amro Bank, Stockholm not Swedish Resident as per DTAA: ITAT holds Bharti Airtel required to Deduct TDS on Loan Interest [Read Order]")