![Limitation not applicable to Refund retained by Service Tax Dept having the Nature of Revenue Deposit: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Refund-Service-Tax-Dept-Revenue-Deposit-CESTAT-taxscan.jpeg "Limitation not applicable to Refund retained by Service Tax Dept having the Nature of Revenue Deposit: CESTAT [Read Order]")
Limitation not applicable to Refund retained by Service Tax Dept having the Nature of Revenue Deposit: CESTAT [Read Order]
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Chennai bench has held that limitation is not applicable to refund retained by the...
![CBDT notifies Cost Inflation Index for Financial Year 2022-23 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2022/06/CBDT-Cost-Inflation-Index-Financial-Year-taxscan.jpg "CBDT notifies Cost Inflation Index for Financial Year 2022-23 [Read Notification]")
![DGFT extends deadline for updation of IEC on Annual Basis for FY 2021 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/07/IEC-DGFT-Taxscan.jpeg "DGFT extends deadline for updation of IEC on Annual Basis for FY 2021 [Read Notification]")
![[Breaking]: Income Tax Return, Tax Audit, TDS Statement due dates Extended](https://www.taxscan.in/wp-content/uploads/2021/05/Income-Tax-Return-Tax-Audit-TDS-Statement-due-dates-Extended-Taxscan.jpg "[Breaking]: Income Tax Return, Tax Audit, TDS Statement due dates Extended")
![Karnataka Government extends due date of filing Professional Tax [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/05/Karnataka-Government-extends-due-date-of-filing-Professional-Tax-Taxscan.jpg "Karnataka Government extends due date of filing Professional Tax [Read Notification]")
Property ceases to be Business Asset When No Depreciation claimed: ITAT treats Profit and Gain arising out of Sale of Property as LTCG
The Income Tax Appellate Tribunal (ITAT), Hyderabad Bench ruled that Property ceases to be a business asset when no depreciation is claimed and profit and gain arising out of sale of property...
CBDT allows Income Tax Deduction to Maa Umiya Temple managed by Vishv Umiya Foundation at Jaspur, Ahmedabad
The Central Board of Direct Taxes (CBDT) allowed the deduction under section 80G to Maa Umiya Temple managed by Vishv Umiya Foundation at Jaspur, Ahmedabad. “In the exercise of the powers...
Provisional Direct Tax collections for FY 2020-21 show growth of almost 5%: Finance Ministry
​​​​​​The provisional figures of Direct Tax collections for the Financial Year 2020-21 show that net collections are at Rs. 9.45 lakh crore. The net Direct Tax collections include Corporation Tax...
![MCA notifies Companies (Audit and Auditors) Second Amendment Rules, 2021 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/04/MCA-Companies-Audit-and-Auditors-Second-Amendment-Rules-Taxscan.jpeg "MCA notifies Companies (Audit and Auditors) Second Amendment Rules, 2021 [Read Notification]")