ASSOCHAM Series of National Seminar on Tax Deduction at Source (TDS) June & July, 2016 Mumbai, New Delhi & Hyderabad

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 drawn litigation the Revenue, 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 a Series of National Seminar on Tax Deduction at Source to deliberate on various provisions of Tax Deduction at Source (TDS), as per the following schedule:

Date, Time & Venue

Topics To Be Discussed

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

TDS provisions related to Residents

• Salaries & Interest
• FTS, Royalties, Contractors, Commission, Rent;
• Issues in obtaining lower or NIL withholding orders
• Obligations of Payer & Rights of Recipients
• Application of 206AA in case of NR with DTAA benefit or no DTAA benefit
• TRACES functionalities
• Issues pertaining to TDS refunds
• E-Filling of TDS returns, issuance of TDS certificates
• Recent notifications & circulars

Speakers From Government

• Shri D S Saksena, Principal Chief Commissioner of Income Tax, Mumbai
• Smt. Nutan Sharma, Chief Commissioner of Income Tax – TDS, Delhi
• Shri A K Srivastava, Principal Chief Commissioner of Income Tax (Addl Charge) Hyderabad
• Shri Satish Sharma, Commissioner of Income Tax (TDS- I), Mumbai
• Smt Vasundhara Sinha*, Commissioner of Income Tax –TDS Hyderabad
• Shri Satpal Gulati*, Commissioner of Income Tax (CPC-TDS)

*invited
Other Speakers Include

• Shri K. Venkatachalam, Partner, PwC  (Mumbai)
• Mrs. Bhavna Doshi, Sr. Advisor, KPMG India Pvt Ltd. (Mumbai)
• Shri Sunil Choudhary, Partner, Ernst & Young LLP (Mumbai)
• Shri Manish Desai, Partner, Deloitte (Mumbai)
• Shri Rahul Garg, Chairman, National Council on Direct Taxes, ASSOCHAM (New Delhi)
• Shri S. P. Singh, Co- Chairman, National Council on Direct Taxes, ASSOCHAM (New Delhi)
• Ms. Saloni Khandelwal, Partner, PwC (Hyderabad)
• Shri Vikram Doshi, Partner, KPMG (Hyderabad)
• Shri Jayesh Sanghvi, partner, Ernst & Young LLP (Hyderabad)
• Shri Ritesh Mittal, Partner, Sanjay Kumar Kothari & Co. (Hyderabad) 
• Other speakers from industry/ tax consulting firm.

To Register, CLICKHERE

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