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Archive: 21 January 2025

Posts in 21 January 2025

Gujarat HC Grants Interim Relief in GST ITC Challenge

January 21, 2025 1002 Views 0 comment Print

Gujarat High Court hears challenge to Section 16(2)(c) of GST Act, granting interim relief against coercive actions until the petition is resolved.

Allahabad HC Directs Refund of Service Tax to Aviation Students

January 21, 2025 75 Views 0 comment Print

Allahabad HC directs Indira Gandhi Rashtriya Uran Akademi to address the service tax refund claims of aviation students in line with prior rulings.

Proof of Leave Travel Allowance: Employer’s Duty or Employee’s?

January 21, 2025 2031 Views 1 comment Print

While employers may assess LTA claims based on declarations provided by employees, they are not obligated to collect proof such as tickets, boarding passes, or travel invoices. However, depending on internal policies, employers retain the right to demand such proof for internal audit or compliance purposes.

Share Capital Reduction as Transfer: Analysis of Jupiter Capital Ruling (SC, 2025)

January 21, 2025 912 Views 0 comment Print

Supreme Court rules share capital reduction is a transfer under the IT Act, allowing capital loss claims. Learn about its implications and referenced case laws.

Tax Implications on purchase and sale of Immovable Property in India

January 21, 2025 18585 Views 1 comment Print

Explore tax obligations on immovable property transactions, including TDS, GST, and penalties. Learn how to ensure compliance and avoid costly errors.

EPCG Scheme: Export Obligation Relief for 2023-24

January 21, 2025 981 Views 0 comment Print

DGFT announces relief in Average Export Obligation under EPCG for sectors with over 5% export decline in 2023-24, easing compliance for exporters.

Why Paykassma is the Ideal Choice for Your Business: An Overview of Its Online Payment Features

January 21, 2025 438 Views 0 comment Print

As a prominent payment gateway provider, Paykassma offers innovative online payment solutions that streamline digital payment processing for businesses of all sizes.

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