Assocham Presents: Series of National Seminar on TDS

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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 a series of Seminar on Tax Deduction at Source (TDS) to deliberate on various intricate provisions of Tax Deduction at Source (TDS) as per the following schedule:

Date, Time & Venue

Topics To Be Discussed

• TDS on different types of payments, the person making payment – agent of Government, practice followed in other countries, etc.

• Obligations of Payer &  Rights of Recipients

•  TRACES

• Issues pertaining to TDS refunds and E-Filling of TDS returns

• TDS on payment to residents:- salary, payments to contractors, rent, commission, professional fees, etc

• Export Agency Commission on TDS

• Practical aspects & key issues on TDS of Domestic Transactions

• TDS on Acquisition- s.194LA

• TDS on immovable property - Sec 194-IA Tax Deduction Under Section 192

• Retirement Benefits

• Software Income and Royalty-s.9 (1)(vi)

•Implications of increase in TDS rate on technical services and royalty payments

•Payment to Non Resident & Domestic Transfer Pricing Practical issues

• Tax Provisions for Non- Resident Indians

• Double Taxation agreements with different countries and its impact for employees working partially overseas.

• Tax and TDS on ESOPs and cross charges & practical issues arising from recent changes in TDS procedures related to non-resident remittances

Government Officials

• Shri G.N Pande, Chief Commissioner of Income Tax, Kolkata

• Shri Sumant Sinha, IRS,Commissioner of Income Tax (TDS), Kolkata

• Shri Sanjay kumar, Director Income Tax (IT & TP), Kolkata

• Shri Ashoke Kumar Dey, IRS,Joint Commissioner of Income Tax (TDS), Kolkata

• Shri S Ravi, Chief Commissioner of Income Tax, Chennai-I

• Shri M. Rathinasamy, Director of Income Tax (International Taxation), Chennai

• Shri Rajib Kumar Hota, Commissioner of Income Tax-TDS, Chennai

• Shri Manu Malik, IRS, Commissioner of Income Tax (OSD), Chennai

• Shri S. Ravi Chandra, Additional DIT(International Taxation), Chennai

• Shri D Albert Manohar, IRS, Joint Commissioner Income Tax-TDS Range-II, Chennai 

Other Speakers

• CA Sanjay Bhattacharya, Sukumar Bhattacharya & Co., Chartered Accountants-Kolkata

• Mr. Himanshu Patel, Director, Deloitte - Kolkata

• Ms. Sushmita Basu, Associate Director, PwC - Kolkata

• Mr. Ashish Agarwal, Tax & Regulatory Services, Ernst & Young LLP – Kolkata

• Mr. Achin Bhattacharyya, Tax & Regulatory Services KPMG- Kolkata

• Mr. Venkatesan R, Partner, International Tax and Regulatory Services, KPMG - Chennai 

• Mr. V Aravind Srivatsan, Partner – Tax and Regulatory Services, PwC - Chennai 

• Mr. Rajesh Srinivasan, Partner, Deloitte - Chennai 

• Mr. Sriram Seshadri, Partner, BMR Legal - Chennai 

• Mr. Alok Agarwal, Director - Tax and Regulatory Services, Ernst & Young LLP - Chennai 

• Mr. Sanjeev Gupta, Associate Director-Transfer Pricing, Ernst & Young LLP - Chennai 

(Other Speakers details will be shared 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, and FTOs

Participation Fees: 

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

Download: Registration Form

For more details please contact: 

Ankit Raghav (09999068767) ankit.raghav@assocham.com

Krishan Sharma (08512072265) krishan.sharma@assocham.com