ASSOCHAM
National Seminar on Tax deduction at Source (TDS)
21^st March 2014  Hyderabad

Chief Guest: Shri Bibhab Dutta, I.R.S., Chief Commissioner of Income Tax, Hyderabad-I

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 National Seminar on Tax Deduction at Source (TDS) on21^st March, 2014 at Katriya Hotel & Towers, Hyderabad to deliberate on various intricate provisions of Tax Deduction at Source (TDS).

OFFICIALS FROM GOVERNMENT
Shri Bibhab Dutta, I.R.S., Chief Commissioner of Income Tax, Hyderabad-I 
Shri Atul Pranay, Commissioner of Income Tax-TDS, Hyderabad
Shri M Jagadish Babu, Director of Income Tax (IT&TP), Hyderabad
Shri Rajeev Benjwal, Additional Commissioner of Income Tax (Transfer Pricing), Hyderabad 

OTHER SPEAKERS
Mr. V Aravind Srivatsan, Partner-Tax & Regulatory Services, PwC
Mr. H Srinivasulu, Senior Advisor, Deloitte
Mr. S R Patnaik, Tax Partner, Amarchand & Mangaldas & Suresh a. Shroff & Co.
Mr. Mohan Acharya Komandoor, Sr.Managing Partner, Komandoor & Co.
Mr. Ritesh Mittal, Partner, Sanjay Kumar Kothari & Co.
Mr.Tapan Gupta, Associate Director, KPMG

ISSUES 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-filing of TDS return
• TDS on payment to residents:- salary, payments to contractors, rent, commission, professional fees, etc
• Practical aspects & key issues on TDS of Domestic Transactions
• Tax Deduction Under Section 192
• Retirement Benefits
• TDS on Acquisition- Sec-194LA
• TDS on immovable property - Sec 194-IA
• Recent changes in TDS procedures
• Software Income and Royalty- Sec-9(1)(vi)
• Implications of increase in TDS rate on technical services and royalty payments
• Payments to non residents & domestic Transfer Pricing - Practical Issues
• Tax and TDS on ESOPs and cross charges & practical issues arising from recent changes in TDS procedures related to non-resident remittances

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, FTOs

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 and 20% for three or 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 [email protected] at the earliest.

Since the seats are limited therefore shall be made available on first-come-first served basis. You are requested to register yourself and also nominate your colleagues for the same.

Kindly forward this mail to others you think can benefit as well and oblige 

For details please contact:

Avinash Sharma	(09811524976)	[email protected]
Ankit Raghav	(09999068767)	ankit.[email protected]
Akshat Agarwal	(09873847923)	[email protected]
Krishan Sharma	(08512072265)	[email protected]

The Associated Chambers of Commerce and Industry of India
ASSOCHAM Corporate Office:-  5, Sardar Patel Marg, Chanakyapuri, New Delhi - 110 021
Tel: 011-46550598/607/587, 46550555   Fax: 011-23017008/9
E-mail: [email protected]  Website:· www.assocham.org 

DELEGATE REGISTRATION FORM

ASSOCHAM

National Seminar on Tax Deduction at Source (TDS)

21^st March, 2014  Hyderabad

Date	Time	Participation Fee	Venue
Friday, 21st March, 2014	09.30 a.m.- 4:30 p.m.	Rs. 4,000	Katriya Hotel & Towers  #8, Raj Bhavan Road, Hyderabad

I / we would like to attend / nominate the following:

S.N.	Name	Designation	Mobile	Email
1.
2.
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PARTICIPATION FEE:   Rs. 4,000 per participant including Service Tax, (10% discount for two and 20% discount for three or more persons from the same organization). The fee is inclusive of refreshment & lunch.

 Company____________________________________________________

 Address_____________________________________________________

Telephone____________________________Fax_____________________               

 

ONLINE PAYMENT DETAIL (If required)

Bank Name & Address- State Bank of Hyderabad, 36, Elite House, Zamrudpur, Kailash Colony, New Delhi- 110 048, India.

Bank Current Account Number- 52050210412, IFSC Code- SBHY0020588,

MICR Code- 110004007,

Branch Code- 20588,

Note: Prior Registration is essential. Please fax/courier/email the registration form at the earliest.

Registration options

By Post:	Tel No:		By Fax:	By Email:
Mr Krishan Sharma Taxation Department ASSOCHAM 5, Sardar Patel Marg, Chanakyapuri, Near Hotel Diplomat, New Delhi – 110 021		011-46550587 /598 / 607 M: +91 8512072265	011-23017008/9	[email protected]   [email protected]

Tax Deduction at Source (TDS) seminar clarifying compliance, procedural and cross border withholding issues with registration details. The seminar focuses on practical and procedural challenges under Tax Deduction at Source (TDS), including payer obligations and recipient rights, cash flow and litigation consequences, refund processing and TRACES, and cross border withholding problems affecting non residents and treaty relief. Program topics include TDS on salary, contractors, rent, commission and professional fees, Sections on salary and immovable property with recent procedural changes, software income and royalty, transfer pricing interactions, ESOPs, and administrative and e filing mechanics, together with registration and fee details.