Monthly Tax Bulletin: January 2025

Key highlights

• Assignment of leasehold rights in land not liable to GST - Gujarat HC
• Import for solar-power generation projects not eligible for the MOOWR scheme
• TDS not applicable in case of withdrawal of cash exceeding INR 1 crore by for certain organisations/agencies.
• The Swiss Competent Authority (SCA) announces the suspension of the MFN clause.
• ITAT Special Bench holds that the transactions between the Indian PO and its foreign HO qualify as international transactions.

Monthly Tax Bulletin: January 2025

The January 2025 edition of the Grant Thornton Bharat Monthly Tax Bulletin captures key developments under the direct taxes, transfer pricing, indirect taxes, and FEMA, for December 2024.

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