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	<description>One Stop Solution For CA CS CWA Direct Indirect Tax GST Business News</description>
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		<title>GST Department Slaps Rs 5.84 Crore Tax and Penalty on Manoj Vaibhav Gems</title>
		<link>https://studycafe.in/gst-department-slaps-rs-5-84-crore-tax-and-penalty-on-manoj-vaibhav-gems-424980.html</link>
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		<dc:creator><![CDATA[Vanshika verma]]></dc:creator>
		<pubDate>Wed, 24 Jun 2026 15:14:15 +0000</pubDate>
				<category><![CDATA[GST]]></category>
		<category><![CDATA[BSE]]></category>
		<category><![CDATA[NSE]]></category>
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					<description><![CDATA[GST Department Slaps Rs 5.84 Crore Tax and Penalty on Manoj Vaibhav Gems Manoj Vaibhav Gems &#8216;N&#8217; Jewellers Ltd has informed the stock exchanges that it has received an order from the Office of the Principal Commissioner of Central Tax, Visakhapatnam, regarding the company&#8217;s claim of Input Tax Credit (ITC) on expenses related to its [&#8230;]]]></description>
		
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		<title>ITAT Restricts Addition And Holds AO Cannot Multiply Seized Figure by 100 Without Supporting Evidence</title>
		<link>https://studycafe.in/itat-restricts-addition-and-holds-ao-cannot-multiply-seized-figure-by-100-without-supporting-evidence-424994.html</link>
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		<dc:creator><![CDATA[Saima]]></dc:creator>
		<pubDate>Wed, 24 Jun 2026 14:43:11 +0000</pubDate>
				<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[ITAT Delhi]]></category>
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					<description><![CDATA[ITAT Restricts Addition And Holds AO Cannot Multiply Seized Figure by 100 Without Supporting Evidence The Income Tax Appellate Tribunal (ITAT) Delhi held that an addition under Section 69 of the Income Tax Act cannot be based on extrapolation of figures found in seized documents. If there is no supporting evidence, only the actual amount [&#8230;]]]></description>
		
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		<title>RBI Allows Banks to Mobilise FCNR(B) Deposits Through GIFT City Branches</title>
		<link>https://studycafe.in/rbi-allows-banks-to-mobilise-fcnrb-deposits-through-gift-city-branches-424984.html</link>
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		<dc:creator><![CDATA[Meetu Kumari]]></dc:creator>
		<pubDate>Wed, 24 Jun 2026 14:12:21 +0000</pubDate>
				<category><![CDATA[RBI]]></category>
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					<description><![CDATA[RBI Allows Banks to Mobilise FCNR(B) Deposits Through GIFT City Branches The Reserve Bank of India (RBI) has permitted Indian banks to mobilise Foreign Currency Non-Resident (Bank) [FCNR(B)] deposits through their branches operating in Gujarat International Finance Tec-City (GIFT City). The move follows the RBI’s recent special dispensation under which it agreed to bear the [&#8230;]]]></description>
		
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		<title>HC Quashes Service Tax Notices on Minimum Balance Banking Services, Rules MAB is Not Consideration</title>
		<link>https://studycafe.in/hc-quashes-service-tax-notices-on-minimum-balance-banking-services-rules-mab-is-not-consideration-424966.html</link>
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		<dc:creator><![CDATA[Meetu Kumari]]></dc:creator>
		<pubDate>Wed, 24 Jun 2026 13:38:59 +0000</pubDate>
				<category><![CDATA[GST]]></category>
		<category><![CDATA[CGST ACT]]></category>
		<category><![CDATA[KARNATAKA HIGH COURT]]></category>
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					<description><![CDATA[HC Quashes Service Tax Notices on Minimum Balance Banking Services, Rules MAB is Not Consideration The Karnataka High Court has quashed a batch of service tax show cause notices issued to several leading banks, including Canara Bank, Bank of Baroda and The Karnataka Bank Ltd., holding that maintenance of a Minimum Average Balance (MAB) by [&#8230;]]]></description>
		
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		<title>High Court Allows GST Revocation on Payment of All Outstanding Dues and Filing of Returns</title>
		<link>https://studycafe.in/high-court-allows-gst-revocation-on-payment-of-all-outstanding-dues-and-filing-of-returns-424996.html</link>
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		<dc:creator><![CDATA[Saloni Kumari]]></dc:creator>
		<pubDate>Wed, 24 Jun 2026 13:08:41 +0000</pubDate>
				<category><![CDATA[GST]]></category>
		<category><![CDATA[Bombay High Court]]></category>
		<category><![CDATA[GST Registration]]></category>
		<guid isPermaLink="false">https://studycafe.in/?p=424996</guid>

					<description><![CDATA[High Court Allows GST Revocation on Payment of All Outstanding Dues and Filing of Returns The Bombay High Court directed the concerned authorities of the Revenue to revoke the taxpayer&#8217;s GST registration if he/she makes payment of all outstanding GST dues, interest, penalties, and late fees and files pending returns within the prescribed timeline, as [&#8230;]]]></description>
		
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		<title>HC Upholds GST Demand Based on Seigniorage Fee Data, Allows Assessee to Pursue Statutory Appeal</title>
		<link>https://studycafe.in/hc-upholds-gst-demand-based-on-seigniorage-fee-data-allows-assessee-to-pursue-statutory-appeal-424958.html</link>
					<comments>https://studycafe.in/hc-upholds-gst-demand-based-on-seigniorage-fee-data-allows-assessee-to-pursue-statutory-appeal-424958.html#respond</comments>
		
		<dc:creator><![CDATA[Meetu Kumari]]></dc:creator>
		<pubDate>Wed, 24 Jun 2026 12:39:05 +0000</pubDate>
				<category><![CDATA[GST]]></category>
		<category><![CDATA[Madras High Court]]></category>
		<guid isPermaLink="false">https://studycafe.in/?p=424958</guid>

					<description><![CDATA[HC Upholds GST Demand Based on Seigniorage Fee Data, Allows Assessee to Pursue Statutory Appeal The Madras High Court dismissed writ petitions filed by KPR Enterprises challenging GST demand orders for AYs 2018-19, 2019-20 and 2020-21, holding that the tax department had sufficient material to invoke the extended limitation period under Section 74 of the [&#8230;]]]></description>
		
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		<title>Tax Audit Confusion? Here’s the Simple Truth Behind All Limits</title>
		<link>https://studycafe.in/tax-audit-confusion-heres-the-simple-truth-behind-all-limits-424975.html</link>
					<comments>https://studycafe.in/tax-audit-confusion-heres-the-simple-truth-behind-all-limits-424975.html#respond</comments>
		
		<dc:creator><![CDATA[Vanshika verma]]></dc:creator>
		<pubDate>Wed, 24 Jun 2026 12:09:51 +0000</pubDate>
				<category><![CDATA[Taxation]]></category>
		<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[Tax Audit]]></category>
		<guid isPermaLink="false">https://studycafe.in/?p=424975</guid>

					<description><![CDATA[Tax Audit Confusion? Here’s the Simple Truth Behind All Limits One of the most common questions among business owners, professionals, tax practitioners, and CA students is whether a Tax Audit is required in a particular case. Many people think the rule is simple: if business turnover exceeds Rs 1 crore, Tax Audit becomes compulsory. Others [&#8230;]]]></description>
		
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		<title>Got Money from a Life Insurance Policy or ULIP? Here’s How It Is Taxed and Reported in Your ITR</title>
		<link>https://studycafe.in/got-money-from-a-life-insurance-policy-or-ulip-heres-how-it-is-taxed-and-reported-in-your-itr-424953.html</link>
					<comments>https://studycafe.in/got-money-from-a-life-insurance-policy-or-ulip-heres-how-it-is-taxed-and-reported-in-your-itr-424953.html#respond</comments>
		
		<dc:creator><![CDATA[Khush Dharmeshkumar Trivedi]]></dc:creator>
		<pubDate>Wed, 24 Jun 2026 11:41:44 +0000</pubDate>
				<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[insurance]]></category>
		<guid isPermaLink="false">https://studycafe.in/?p=424953</guid>

					<description><![CDATA[Got Money from a Life Insurance Policy or ULIP? Here&#8217;s How It Is Taxed and Reported in Your ITR In India, life insurance policies occupy a unique position, as they attract dual benefits of deduction at the premium stage (Section 80C) and exemption at the receipt stage (Section 10(10D)). However, the Finance Act 2021 and [&#8230;]]]></description>
		
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		<title>Shardul Shekhar Vichare tops CA Inter Result May 2026: Pass Percentage, Toppers List, and Rank Holders Announced</title>
		<link>https://studycafe.in/shardul-shekhar-vichare-tops-ca-inter-result-may-2026-pass-percentage-toppers-list-and-rank-holders-announced-425013.html</link>
					<comments>https://studycafe.in/shardul-shekhar-vichare-tops-ca-inter-result-may-2026-pass-percentage-toppers-list-and-rank-holders-announced-425013.html#respond</comments>
		
		<dc:creator><![CDATA[Vanshika verma]]></dc:creator>
		<pubDate>Wed, 24 Jun 2026 11:19:19 +0000</pubDate>
				<category><![CDATA[CA]]></category>
		<category><![CDATA[CA INTER Result]]></category>
		<guid isPermaLink="false">https://studycafe.in/?p=425013</guid>

					<description><![CDATA[Shardul Shekhar Vichare tops CA Inter Result May 2026: Pass Percentage, Toppers List, and Rank Holders Announced The Institute of Chartered Accountants of India (ICAI) recently declared the results of the Chartered Accountants Intermediate Examination held in May 2026. In Group I, a total of 91,237 candidates appeared for the examination, out of which 9,350 [&#8230;]]]></description>
		
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		<title>High Court Quashes GST Demand Raised Through Unsigned Assessment Order</title>
		<link>https://studycafe.in/high-court-quashes-gst-demand-raised-through-unsigned-assessment-order-424946.html</link>
		
		<dc:creator><![CDATA[Meetu Kumari]]></dc:creator>
		<pubDate>Wed, 24 Jun 2026 11:09:18 +0000</pubDate>
				<category><![CDATA[GST]]></category>
		<category><![CDATA[HIGH COURT OF ANDHRA PRADESH]]></category>
		<guid isPermaLink="false">https://studycafe.in/?p=424946</guid>

					<description><![CDATA[High Court Quashes GST Demand Raised Through Unsigned Assessment Order In a significant ruling, the Andhra Pradesh High Court set aside a GST assessment order issued against the Nominee Works Committee, Kalavalla, holding that the absence of the assessing officer’s signature rendered the order invalid. The Court remanded the matter back to the Assessing Officer [&#8230;]]]></description>
		
		
		
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