National Seminar on TDS at Mumbai

Chief Guest: Smt. Anuradha Bhatia, 
Chief Commissioner of Income Tax-TDS-Mumbai

Over the years Tax deduction at Source (TDS) has emerged as a major tool of revenue collection in India. The provisions of the Income-tax Act, 1961 (the Act) dealing with the TDS give rise to several interpretational and procedural issues. Adding to the complexity is a 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 drawn litigation. The 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. 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 is organizing a National Seminar on Tax Deduction at Source to deliberate on various intricate provisions of Tax Deduction at Source (TDS), as per the following schedule:

Topics to be discussed:

TRACES and compliances:

• TRACES functionalities
• Issues pertaining to TDS refunds
• E-Filling of TDS returns, issuance of TDS certificates
• Recent notifications & circulars

TDS provisions related to Residents:

• Application of 206AA in case of NR with DTAA benefit or no DTAA benefit
• Salaries & Interest
• FTS, Royalties, Contractors, Commission, Rent;
• Issues in obtaining lower or NIL withholding orders
• Obligations of Payer & Rights of Recipients

TDS - Recent developments:

• Expediting TDS litigation - prosecution and compounding
• Automation of Withholding Tax process - technology led solutions
• Impact of ICDS on Withholding Tax

TDS provisions related to Royalty and Fees for Technical Services:

• 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

Speakers for the seminar includes:

• Smt. Anuradha Bhatia*, Chief Commissioner of Income Tax-TDS-Mumbai
• Shri V.K. Gupta, Commissioner of Income Tax, TDS - 1, Mumbai
• Shri Purshottam, CPC- TDS, Ghaziabad
• Shri K. Venkatachalam, Partner, PwC
• Shri Manish Shah, Practising Chartered Accountant
• Shri Samir Kanabar, Partner, EY LLP

*invited

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.

Registration Fee:

• Fees is kept at Rs. 4,000 per participant
• The fees includes refreshment & lunch
• 10% discount for two or more persons from the same organization

For Registration:
(Prior Registration is mandatory)

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

For further details please contact:

Event from : 21 December 2017
Event to : 21 December 2017
Events Venue : Hotel Hyatt Regency Sahar Airport Road, Andheri East, Mumbai- 400099


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