ASSOCHAM
National Seminar on
Tax deduction at Source (TDS)
20^thJune 2014  Hotel Four Seasons, Mumbai

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) on20^thJune, 2014 at Mumbai to deliberate on various intricate provisions of Tax Deduction at Source (TDS).

 DATE, TIME & VENUE

Date	Time	Venue
Friday   20th June, 2014	9.30 am to 4.30 pm	Hotel Four Seasons 114, Dr. E. Moses Road , Worli, Mumbai, Maharashtra 400018

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

GOVERNMENT OFFICIALS
Shri S.K Misra, Chief Commissioner of Income Tax, Mumbai-IV
Shri V.K. Pandey, Commissioner of Income Tax-TDS, Mumbai

SPEAKERS
Mr. N C Hedge, Partner, Deloitte
Ms. Neetu Vinayek Partner, KPMG
Ms. Rajeshree Sabnavis, Partner, BMR & Associates LLP
Mr. Vishal J Shah, Executive Director, PwC
Mr. Vijay Dhingra, Sr. Director, Deloitte
(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, 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]/ [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.

For details please contact:

Avinash Sharma	(09811524976)	[email protected]
Ankit Raghav	(09999068767)	[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

Tax Deduction at Source seminar to address compliance, refund, cross-border TDS procedural challenges and treaty benefit issues. Tax Deduction at Source (TDS) is presented as a primary revenue and compliance mechanism that generates interpretational and procedural challenges for payers and recipients; the seminar focuses on operational categories including payer obligations and recipient rights, TRACES and e filing, refund processing, domestic withholdings (salary, contractors, rent, commission, professional fees), withholding on property and specified payments, software and royalty withholding, ESOP/TDS interactions, and cross border/non resident withholding issues including treaty benefit administration.