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.
"Society places High Trust, Faith and Reliance on the Chartered Accountants": ICAI Board of Discipline reprimands CA for Allegedly Causing Loss to Exchequer
The Board of Discipline of the Institute of Chartered Accountants of India ( ICAI ) in a recent matter reprimanded a Chartered Accountant ( CA )...
![Unlocking GST: ITC on Mobile Phones for Business Purposes [Find Draft Reply Format Here]](https://www.taxscan.in/wp-content/uploads/2024/10/GST-ITC-on-Mobile-Phones-ITC-Goods-and-Service-Tax-Input-Tax-Credit-Draft-Reply-Format-taxscan.jpg "Unlocking GST: ITC on Mobile Phones for Business Purposes [Find Draft Reply Format Here]")
![ITAT upholds NFAC Order for Recomputation of Income as ‘Capital Gains’ due to Improper Classification u/s68 r.w.s. 115BBE [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/capital-gain.jpg "ITAT upholds NFAC Order for Recomputation of Income as ‘Capital Gains’ due to Improper Classification u/s68 r.w.s. 115BBE [Read Order]")
Backdating and Falsification of Company Financial Statements: ICAI dismisses Misconduct Allegations against CA citing Lack of Incriminating Evidence
The Institute of Chartered Accountants ( ICAI ) recently dismissed a case of professional misconduct against a Chartered Accountant ( CA ) owing to the inability of complainant to adduce...
“Off the Books” Share Purchase Allegations: ICAI Disciplinary Committee finds CA not Guilty of Misconduct
The Institute of Chartered Accountants ( ICAI ) recently acquitted a Chartered Accountant ( CA ) of misconduct in a matter regarding “Off the Books” purchase of shares by a company facing allegations...
Own-Occupancy and Usage of Office Space: ITAT Remands Matter for Production of Lease Agreement and other Evidences [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), Visakhapatnam in a recent case regarding self-occupancy and usage of office, proceeded to remand the matter back to the Commissioner of Income Taxes...
![Own-Occupancy and Usage of Office Space: ITAT Remands Matter for Production of Lease Agreement and other Evidences [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-Income-Tax-ITAT-Visakhapatnam-Office-space-lease-agreement-Office-space-ownership-legal-TAXSCAN.jpg "Own-Occupancy and Usage of Office Space: ITAT Remands Matter for Production of Lease Agreement and other Evidences [Read Order]")
Adjudication of Income Tax Appeal by CIT(A) w/o waiting for Remand Report from AO: ITAT Remands Matter
The Income Tax Appellate Tribunal ( ITAT ), Visakhapatnam recently remanded a case arising from the decision of the Commissioner of Income Taxes (Appeals), National Faceless Appeal Centre, Delhi (...
No Material on Record to Prove Earlier Rejection of Income Tax Exemption Registration: ITAT remands Matter to CIT(E) [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), Visakhapatnam recently remanded a matter to the Commissioner of Income Tax (Exemptions) ( CIT(E) ) citing the dearth of material on record to prove prior...
![No Material on Record to Prove Earlier Rejection of Income Tax Exemption Registration: ITAT remands Matter to CIT(E) [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Visakapatanam-Income-Tax-Income-Tax-Exemption-Commissioner-of-Income-Tax-Rejection-of-Income-Tax-Exemption-taxscan.jpg "No Material on Record to Prove Earlier Rejection of Income Tax Exemption Registration: ITAT remands Matter to CIT(E) [Read Order]")
Navigating GST Show Cause Notices for ITC Reversal Due to Non-Payment Within 180 Days [Find Draft Reply Format Here]
Receiving a Goods and Services Tax (GST) Show Cause Notice (SCN) for the reversal of Input Tax Credit (ITC) under the Goods and Services Tax (GST) regime can be a daunting experience for businesses....
![Navigating GST Show Cause Notices for ITC Reversal Due to Non-Payment Within 180 Days [Find Draft Reply Format Here]](https://www.taxscan.in/wp-content/uploads/2024/10/Navigating-GST-Show-Cause-Notices-ITC-Reversal-Due-to-Non-Payment-TAXSCAN.jpg "Navigating GST Show Cause Notices for ITC Reversal Due to Non-Payment Within 180 Days [Find Draft Reply Format Here]")
Registration of House 24 months after Sale not ground to deny Exemptions u/s 54F: ITAT [Read Order]
The Visakhapatnam Bench of the Income Tax Appellate Tribunal ( ITAT ) recently held that a delay above 24 months to conduct registration of house after sale does not vitiate an Assessee’s ability to...
![Registration of House 24 months after Sale not ground to deny Exemptions u/s 54F: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-Income-Tax-ITAT-Visakhapatnam-Income-Tax-Appellate-Tribunal-Income-tax-exemption-TAXSCAN.jpeg "Registration of House 24 months after Sale not ground to deny Exemptions u/s 54F: ITAT [Read Order]")