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.
![No Penalty Exception u/s 271AAA(2) if Undisclosed Income is Declared only during Assessment Proceedings: Supreme Court [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2025/02/Assessment-Proceedings.jpg "No Penalty Exception u/s 271AAA(2) if Undisclosed Income is Declared only during Assessment Proceedings: Supreme Court [Read Judgement]")
No Penalty Exception u/s 271AAA(2) if Undisclosed Income is Declared only during Assessment Proceedings: Supreme Court [Read Judgement]
The Supreme Court of India recently affirmed that the exception to penalty encompassed under Section 271AAA(2) of the Income Tax Act, 1961 shall be...
![Income Tax Bill 2025: Changing the face of Compliance & Digital Monitoring [Read Bill]](https://www.taxscan.in/wp-content/uploads/2025/02/Income-Tax-Bill-2025-Digital-Monitoring-Compliance-taxscan.jpg "Income Tax Bill 2025: Changing the face of Compliance & Digital Monitoring [Read Bill]")
GSTN withdraws E-Way Bill Generation for Chapter 71 Goods, EWB Mandate continues in Kerala for Intra-state Movement
The Goods and Services Tax Network ( GSTN ) has issued a clarification dated 06.02.2025 regarding generation of E-Way Bill ( EWB ) for goods under Chapter 71 of the Central Goods and Services Tax (...
GSTN Advisory: E-Invoices Dated 04.01.2025 and 16.01.2025 not Auto-Populating in GSTR-1, Taxpayers to Manually Verify Data
The Goods and Service Tax Network (GSTN) has recently advised businesses that filed their GSTR-1 sales return e-invoices on the 4th and 16th of January, 2025 to manually verify whether the...
