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  National Seminar on Tax Deduction at Source (TDS)



Over the years Tax deduction at Source (TDS) has emerged as a major tool of revenue collection in India. However, the way the provisions of the Income-tax Act, 1961 (the Act) dealing with the TDS are worded, taxpayers have to deal with several interpretational and procedural issues. Adding to the complexity is plethora of judicial rulings on these issues. This is a cause of concern both for the taxpayers and Revenue. While the taxpayers grapple with consequential issues of cash flow, disallowances, interest, penalty and long drew litigation. Revenue, apart from litigation, has to deal with administrative issues of refund processing. 



In addition, the numerous compliance requirements add significantly to the compliance cost to the business. This is felt particularly in case of cross border payments. In case of non-residents there are further practical difficulties of extra- territorial application of the provisions, compliances and availability of Treaty benefits. 



Need has been felt to deliberate on key issues on the various provisions and new developments relating to TDS. Therefore, ASSOCHAM with the support of Ministry of Finance is organizing aNational Seminar on Tax Deduction at Source (TDS) on 29th April, 2015 at Hyderabad to deliberate on various intricate provisions of Tax Deduction at Source (TDS). Shri Atul Pranay, Principal Commissioner of Income Tax-TDS, Hyderabad has already consented to inaugurate the Seminar in Hyderabad.

Date Time Venue
29th April,2015 09.30 am - 4.30 pm Hotel Park Hyatt, 
Road Number 2, Banjara Hills, Hyderabad

 

Topics to be discussed

TDS provisions related to non-residents: 

  • Royalty and fees for technical services - Recent trends (case studies, key recent judicial precedents )
  • Net of Tax arrangements
  • Implications of TDS on reimbursements to pass through entities
  • Application of 206AA in case of NR with DTAA benefit or no DTAA benefit

TDS provisions related to Residents:

  • Salaries & Interest
  • FTS, Royalties, Contractors, Commission, Rent
  • Obligations of Payer & Rights of Recipients
  • TRACES functionalities
  • Issues pertaining to TDS refunds
  • E-Filling of TDS returns, issuance of TDS certificates
  • Recent notifications & circulars
  • Key Budget 2015 amendments

Government Speakers includes:

  • Shri Atul Pranay, Principal Commissioner of Income Tax-TDS, Hyderabad
  • Shri R K Mishra, Commissioner of Income Tax (CPC), Banglore
  • Shri M. DayaSagar, Additional Commissioner of Income Tax, Hyderabad
  • Shri G. SSS Gopinath, Additional Commissioner of Income Tax, Hyderabad

Other Speakers:

  • Ms. Anshu Khanna, Partner, Tax & Regulatory Services, Walker Chandiok & Co LLP
  • Mr. Vikram Doshi, Partner, KPMG India
  • Mr. Aditya Bajoria, Director, Tax & Regulatory Services - Direct Tax, Ernst & Young LLP
  • Mr. Sistla Venkateswarlu, Director, Deloitte 
    (Details of the other experts shall be informed shortly).

Who should attend:

The Seminar is targeted at officers dealing in Taxation, Accounts in the corporate world as well as practicing CA, CS, CMA and other related professionals, Trade & Industry, Government, Public Sector Units, Consultancy Organizations, Funding Agencies, Corporate Lawyers, Banks & Other Financial Institutions.
 

Participation Fee:

The seminar has immense value for the participants however the fees is kept at Rs. 4000/- (per participant, including Service Tax) to meet the cost. (10% discount for two & 20% for three and more persons from the same organization). The fee is inclusive of refreshment & lunch. 

 For registration:

Kindly fill in the attached registration form and send to us at finance@assocham.com/taxation.assocham@gmail.com at the earliest.

Registration Form 

For further details please contact:

Avinash Sharma (09811524976) Email: avinash.sharma@assocham.com
Ankit Raghav (09999068767) Email: ankit.raghav@assocham.com
Akshat Agarwal (09873847923) Email: akshat.agarwal@assocham.com
Krishan Sharma (08512072265) Email: krishan.sharma@assocham.com

Event from : 29 April 2015
Event to : 29 April 2015
Events Venue : Hotel Park Hyatt, Road Number 2, Banjara Hills, Hyderabad

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