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.
![₹46 Lakh Ex-Parte Income Tax Addition after Assessment u/s 144 & 147 w/o Opportunity to adduce Evidence: ITAT Remits matter [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/Income-Tax-ITAT-ITAT-Delhi-Income-Tax-Addition-Income-Tax-Assessment-ex-parte-TAXSCAN.jpg "₹46 Lakh Ex-Parte Income Tax Addition after Assessment u/s 144 & 147 w/o Opportunity to adduce Evidence: ITAT Remits matter [Read Order]")
₹46 Lakh Ex-Parte Income Tax Addition after Assessment u/s 144 & 147 w/o Opportunity to adduce Evidence: ITAT Remits matter [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal ( ITAT ) recently set aside the addition of Rs.46,58,891/- made to an Income Tax Assessment...
![Savings A/c Cash Deposits treated as ‘Unexplained Money’ during Income Tax Assessment: ITAT Remands matter to AO [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-ITAT-Hyderabad-Cash-Deposit-Income-Tax-Assessment-Income-Tax-Income-Tax-Appellate-Tribunal-Taxscan.jpg "Savings A/c Cash Deposits treated as ‘Unexplained Money’ during Income Tax Assessment: ITAT Remands matter to AO [Read Order]")
![No Suppression of Facts/Wilful Mis-statement by Hyundai Motors: CESTAT says No Penalty and Redemption Fine can be Imposed [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/No-Suppression-Facts-Wilful-Mis-statement-Hyundai-Motors-CESTAT-No-Penalty-Redemption-Fine-Imposed-taxscan.jpg "No Suppression of Facts/Wilful Mis-statement by Hyundai Motors: CESTAT says No Penalty and Redemption Fine can be Imposed [Read Order]")
![Re-Determination of Classification consented to in writing before Original Authority cannot be Challenged before CESTAT: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/CESTAT-Imported-Goods-Imported-Goods-classification-Original-Authority-Customs-Excise-and-Service-Tax-Appellate-Tribunal-Taxscan.jpg "Re-Determination of Classification consented to in writing before Original Authority cannot be Challenged before CESTAT: CESTAT [Read Order]")
![RBI Penalty on third-party vendors for Non-performance or under-performance of Contract not subject to GST: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/RBI-Reserve-Bank-of-India-AAR-RBI-Penalty-GST-Authority-for-Advance-Ruling-RBI-Penalty-on-Vendors-Taxscan.jpeg "RBI Penalty on third-party vendors for Non-performance or under-performance of Contract not subject to GST: AAR [Read Order]")
Wrong Quoting of Notification Benefit in SCN is a Minor Error, Not fatal to Customs Demand Order: CESTAT refuses to Quash Order against Hyundai
The Customs, Excise & Service Tax Appellate Tribunal, Chennai ( CESTAT ) recently refused to quash a Demand Order against Hyundai wherein it was held that quoting the wrong Notification Benefit...
Delay in Admission of Additional Evidence u/r 46A: ITAT quashes ₹34L addition to Taxable Income, Remands Matter [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal ( ITAT ) recently quashed the addition of Rs.34 Lakh made by an Assessing Officer to the income of an Assessee on account of unexplained cash...
![Delay in Admission of Additional Evidence u/r 46A: ITAT quashes ₹34L addition to Taxable Income, Remands Matter [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-ITAT-Delhi-Taxable-Income-Delay-in-additional-evidence-Rule-46A-Tax-addition-quashed-Taxscan.jpg "Delay in Admission of Additional Evidence u/r 46A: ITAT quashes ₹34L addition to Taxable Income, Remands Matter [Read Order]")
![Relief to Hyundai as CESTAT quashes Classification beyond Allegations made in SCN [Read order]](https://www.taxscan.in/wp-content/uploads/2024/11/CESTAT-CESTAT-Chennai-Relief-to-Hyundai-Hyundai-CESTAT-quashes-Allegations-SCN-Show-Cause-Notice-Classification-beyond-Allegations-taxscan.jpg "Relief to Hyundai as CESTAT quashes Classification beyond Allegations made in SCN [Read order]")
Camshaft Assembly eligible for Exemption since COO Certificate at 6 digit level covers Goods Imported by Hyundai: CESTAT [Read Order]
In a noted ruling, the Customs, Excise & Service Tax Appellate Tribunal, Chennai ( CESTAT ) held that camshaft assemblies imported by Hyundai are eligible for Basic Customs Duty (BCD) Exemption...
![Camshaft Assembly eligible for Exemption since COO Certificate at 6 digit level covers Goods Imported by Hyundai: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/CESTAT-CESTAT-Chennai-Camshaft-Camshaft-Assembly-Exemption-Country-of-Origin-Country-of-Origin-Certificate-Origin-Certificate-taxscan.jpg "Camshaft Assembly eligible for Exemption since COO Certificate at 6 digit level covers Goods Imported by Hyundai: CESTAT [Read Order]")
Penalties, Late Fees/Penal Interests, Fines levied by RBI not Consideration for Supply, GST not Leviable: AAR [Read Order]
The Maharashtra Authority for Advance Ruling ( AAR ) while addressing an Application filed by the Reserve Bank of India ( RBI ) ruled that Penalties, Late Fees, Penal Interests or Fines levied and...
![Penalties, Late Fees/Penal Interests, Fines levied by RBI not Consideration for Supply, GST not Leviable: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/AAR-Authority-for-Advance-Ruling-No-GST-on-RBI-Penalties-and-Fines-Maharasgtra-Authority-for-Advance-Ruling-Late-Fees-Taxscan.jpg "Penalties, Late Fees/Penal Interests, Fines levied by RBI not Consideration for Supply, GST not Leviable: AAR [Read Order]")
