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Dear Members,
Recent disclosures about Indians allegedly holding undisclosed money in overseas bank accounts has triggered concerted actions by the income-tax authorities with far and wide implications including attachment of assets running into very large amounts. This is causing severe hardships even in genuine cases.
In a related development, the Government has introduced the Undisclosed Foreign Income and Assets (Imposition of Tax) Bill, 2015 in the Parliament on 20th March, 2015 which will have far reaching effects. This new law will also impose liability for abetting or inducing another to willfully attempt to evade tax or to make false statements/declarations in relation to foreign income and assets and will impact professional advisors such as private banks, accountants, lawyers and other consultants whose actions may potentially be covered under 'abetment or inducement'.
In order to discuss and understand above developments, your Society has arranged the following Lecture Meeting where the Learned Speaker will discuss and analyse the above developments in detail and share his practical experiences.
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Subject |
Foreign assets - recent disclosures and related developments |
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Speaker |
Mr. Dilip J. Thakkar, Chartered Accountant |
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Day, Date & Time |
Wednesday, 15th April 2015 at 6.15 p.m. (Fellowship over a cup of tea at 5.45 p.m.) |
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Venue |
Walchand Hirachand Hall, IMC, Churchgate, Mumbai – 400020 |
Mr. Dilip J. Thakkar, Chartered Accountant and a Past President of the BCAS, has been a regular speaker and faculty at various seminars and conferences.
Event from : 15 April 2015
Event to : 15 April 2015
Events Venue : Walchand Hirachand Hall, IMC, Churchgate, Mumbai – 400020
Submitted By :
Guest
CAclubindia
