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.
FM Nirmala Sitharaman Clarifies No Fee is Chargeable by Financial Institutions for Updating/Modifying Details in PPF Accounts
Finance Minister Nirmala Sitharaman has confirmed that financial institutions will no longer charge any fee for updating or modifying nominee details...
![Creditor Not Required to Prove Financial Capacity to Extend Loan: Supreme Court Slaps ₹32 Lakh Fine on Defaulter in S.138 NI Act Case [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Creditor-Not-Required-Prove-Financial-Capacity-Financial-Capacity-Financial-Capacity-to-Extend-Loan-Extend-Loan-Supreme-Court-taxscan.jpg "Creditor Not Required to Prove Financial Capacity to Extend Loan: Supreme Court Slaps ₹32 Lakh Fine on Defaulter in S.138 NI Act Case [Read Order]")
![Supreme Court Ends 50-Year Dispute on CA Firm’s Undervaluation of Shares: Grants 6% Simple Interest from 1975 and 9% Interest Post-Decree [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2025/04/Supreme-Court-CA-firm-share-valuation-dispute-TAXSCAN.jpg "Supreme Court Ends 50-Year Dispute on CA Firm’s Undervaluation of Shares: Grants 6% Simple Interest from 1975 and 9% Interest Post-Decree [Read Judgment]")
No S.263 Notice after Resolution Plan Approval on Extinguishment of Corporate Debtor’s Tax Liabilities: Gujarat HC [Read Order]
The Gujarat High Court recently ruled that the Principal Commissioner of Income Tax (PCIT) could not issue a notice under Section 263 of the Income Tax Act, 1961 to revise the assessment order of an...
![No S.263 Notice after Resolution Plan Approval on Extinguishment of Corporate Debtor’s Tax Liabilities: Gujarat HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/ujarat-HC-Tax-Ruling-S.263-Notice-IBC-Corporate-Debtor-Tax-Relief-taxscan-.jpg "No S.263 Notice after Resolution Plan Approval on Extinguishment of Corporate Debtor’s Tax Liabilities: Gujarat HC [Read Order]")
Delhi HC directs Customs to Sensitize Officials on Detention of Personal Gold and Old Jewellery of Air Travellers [Read Order]
The Delhi High Court, while adjudicating a recent matter, directed the Customs Department to sensitize its officials and implement immediate measures to prevent the unlawful detention of personal...
![Delhi HC directs Customs to Sensitize Officials on Detention of Personal Gold and Old Jewellery of Air Travellers [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Delhi-HC-Customs-to-Sensitize-Officials-Detention-of-Personal-Gold-Old-Jewellery-of-Air-Travellers-taxscan.jpg "Delhi HC directs Customs to Sensitize Officials on Detention of Personal Gold and Old Jewellery of Air Travellers [Read Order]")
Changes CAs should Look out for: ICAI Guidance Note on Financial Statements of Non-Corporate Entities
April 1, 2024 marked the beginning of the new financial year and along with it, a host of new changes that are to be looked into by Chartered Accountants (CAs) while rendering financial service to...
14 Year Delay to Issue Tax Notice: Kerala HC Holds No Protection u/s 17D KGST Act on “Fast Track Assessments” [Read Order]
The Kerala High Court recently delivered a judgment clarifying the scope of limitation exercisable by the Revenue in terms of the Kerala General Sales Tax (KGST) Act, 1963. The case arose when the...
![14 Year Delay to Issue Tax Notice: Kerala HC Holds No Protection u/s 17D KGST Act on “Fast Track Assessments” [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Issue-Tax-Notice-Kerala-HC-Protection-us-17D-KGST-Act-Fast-Track-Assessments-TAXSCAN.jpeg "14 Year Delay to Issue Tax Notice: Kerala HC Holds No Protection u/s 17D KGST Act on “Fast Track Assessments” [Read Order]")
HSD-Classification Dispute: Supreme Court Directs Customs to Establish Requisite Testing Facilities to Avert Prolonged Litigation [Read Judgement]
The Supreme Court of India recently directed the Customs Department to establish comprehensive testing facilities to prevent prolonged litigation arising from classification disputes of imported...
![HSD-Classification Dispute: Supreme Court Directs Customs to Establish Requisite Testing Facilities to Avert Prolonged Litigation [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2025/03/HSD-Classification-Dispute-Supreme-Court-Customs-Requisite-Testing-Facilities-Avert-Prolonged-Litigation-taxscan.jpg "HSD-Classification Dispute: Supreme Court Directs Customs to Establish Requisite Testing Facilities to Avert Prolonged Litigation [Read Judgement]")
No Suppression or Fraud: Delhi HC Rejects GST Dept’s Service Tax Demand on Subcontractor Beyond Limitation [Read Order]
The Delhi High Court recently reiterated the bounds of power exercisable by the Goods and Services Tax (GST) Department, dismissing an appeal filed by the Commissioner of Central Tax, CGST Delhi...
![No Suppression or Fraud: Delhi HC Rejects GST Dept’s Service Tax Demand on Subcontractor Beyond Limitation [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/No-Suppression-or-Fraud-Fraud-Delhi-HC-Delhi-HC-Rejects-GST-GST-Deptment-Service-Tax-Demand-Service-Tax-taxscan.jpg "No Suppression or Fraud: Delhi HC Rejects GST Dept’s Service Tax Demand on Subcontractor Beyond Limitation [Read Order]")