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.
![Failure to Respond to initial Service Tax SCN not Intention to Suppress Facts: Karnataka HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Karnataka-HC-Service-Tax-SCN-Karnataka-High-Court-Show-Cause-Notice-payment-of-Service-Tax-initial-Service-Tax-taxscan.jpg "Failure to Respond to initial Service Tax SCN not Intention to Suppress Facts: Karnataka HC [Read Order]")
Failure to Respond to initial Service Tax SCN not Intention to Suppress Facts: Karnataka HC [Read Order]
The Karnataka High Court recently held that omission to reply to the first Show-Cause Notice (SCN) issued to an Assessee by the Revenue Department...
![Venture Capital Trust not a Juridical Person: Karnataka HC quashes Service Tax Demand [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Karnataka-High-Court-Karnataka-HC-Service-Tax-Demand-Venture-Capital-TAXSCAN.jpg "Venture Capital Trust not a Juridical Person: Karnataka HC quashes Service Tax Demand [Read Order]")
![Exemption of Interest from Surplus Funds in Bank FDs allowable u/s 10AA of Income Tax Act for Exporters in SEZ: Karnataka HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Income-Tax-Income-Tax-Act-Karnataka-High-Court-SEZ-Exports-TAXSCAN.jpg "Exemption of Interest from Surplus Funds in Bank FDs allowable u/s 10AA of Income Tax Act for Exporters in SEZ: Karnataka HC [Read Order]")
![Relief to MPhasis Ltd: Reasonable Time Limit u/s 201 of Income Tax Act applicable to Non-Residents, rules Karnataka HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Relief-MPhasis-Ltd-Reasonable-Time-Limit-Income-Tax-Act-Non-Residents-Karnataka-HC-taxscan.jpg "Relief to MPhasis Ltd: Reasonable Time Limit u/s 201 of Income Tax Act applicable to Non-Residents, rules Karnataka HC [Read Order]")
![Reassessment of Income u/s 153A impermissible without Incriminating Evidence: Karnataka HC upholds Deletion of Assessed Income [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Income-Tax-Income-Tax-Appeal-Assessing-Officer-Reassessment-of-Income-TAXSCAN.jpg "Reassessment of Income u/s 153A impermissible without Incriminating Evidence: Karnataka HC upholds Deletion of Assessed Income [Read Order]")
Madras HC sets aside Suspension Order of Commercial Tax Officer, says E-way bills need not be verified in Person [Read Order]
The Madras High Court in a matter under its consideration clarified on the scope of responsibilities of a Commercial Tax Officer while issuing refunds of Input Tax Credit claimed by exporters. The...
Difference of Opinion: Judicial Member's View prevails over that of Technical Member, rules CESTAT [Read Order]
The Division Bench of the South Zonal Bench, Chennai, of the Customs, Excise and Service Tax Appellate Tribunal ( CESTAT ) was faced with a unusual scenario wherein the Judicial Member and Technical...
![Difference of Opinion: Judicial Members View prevails over that of Technical Member, rules CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/CESTAT-Judicial-Member-Technical-Member-South-Zonal-Bench-TAXSCAN.jpg "Difference of Opinion: Judicial Members View prevails over that of Technical Member, rules CESTAT [Read Order]")
Non-mentioning of Specific Limb in Income Tax Notice and Assessment Order by AO: ITAT deletes Penalty u/s 271(1)(c) [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal ( ITAT ) in a recent decision reaffirmed the need for ensuring clarity and avoiding all sorts of procedural ambiguity while issuing Notices and...
![Non-mentioning of Specific Limb in Income Tax Notice and Assessment Order by AO: ITAT deletes Penalty u/s 271(1)(c) [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/ITAT-ITAT-Mumbai-Income-Tax-Income-Tax-Notice-Income-Tax-Act-Assessment-Order-taxscan.jpg "Non-mentioning of Specific Limb in Income Tax Notice and Assessment Order by AO: ITAT deletes Penalty u/s 271(1)(c) [Read Order]")
![ITAT allows LTCG Exemption u/s 54 of Income Tax Act in spite of Filing Belated ITR [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Income-Tax-Income-Tax-Act-ITAT-ITAT-Ahmedabad-ITR-Filing-TAXSCAN.jpg "ITAT allows LTCG Exemption u/s 54 of Income Tax Act in spite of Filing Belated ITR [Read Order]")
Absence of Incriminating Evidence warranting Abatement of Assessment: ITAT deletes Additions on sale of Agricultural Land [Read Order]
The Nagpur Bench of the Income Tax Appellate Tribunal ( ITAT ) recently laid down a decision affirming the need for conclusive incriminating evidence to abate an Assessment filed by an Assessee. ...
![Absence of Incriminating Evidence warranting Abatement of Assessment: ITAT deletes Additions on sale of Agricultural Land [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Income-Tax-Sale-of-Agricultural-Land-Income-Tax-Assessment-ITAT-TAXSCAN.jpg "Absence of Incriminating Evidence warranting Abatement of Assessment: ITAT deletes Additions on sale of Agricultural Land [Read Order]")
![Lack of Adverse observations by AO: ITAT allows long-term Capital Gain Exemption [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Itat-ao-assessing-officer-ltcg-long-term-capital-gain-exemption-ltcg-exemption-itat-allows-ltcg-exemption-itat-on-ltcg-exemption-Adverse-observations-tax-news-ltcg-news-taxscan.jpg "Lack of Adverse observations by AO: ITAT allows long-term Capital Gain Exemption [Read Order]")
No Concealment of Income: ITAT rebukes CIT(A) for sustaining Penalty Order by AO under Wrong Provisions [Read Order]
The Hyderabad Bench of the Income Tax Appellate Tribunal ( ITAT ) has overturned an order regarding Concealment of Income, passed by the Commissioner of Income Taxes (Appeals) ( CIT(A) ) pertaining...
![No Concealment of Income: ITAT rebukes CIT(A) for sustaining Penalty Order by AO under Wrong Provisions [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Income-Tax-Income-Tax-Order-Income-Tax-Commissioner-Penalty-order-by-AO-TAXSCAN.jpg "No Concealment of Income: ITAT rebukes CIT(A) for sustaining Penalty Order by AO under Wrong Provisions [Read Order]")