Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: ACCOUNTING STANDARD :: VAT RATES :: due date for vat payment :: list of goods taxed at 4% :: articles on VAT and GST in India :: form 3cd :: Central Excise rule to resale the machines to a new company :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: TAX RATES - GOODS TAXABLE @ 4% :: ARTICLES ON INPUT TAX CREDIT IN VAT :: TDS :: VAT Audit :: empanelment :: cpt :: ACCOUNTING STANDARDS
 
 
« Direct Tax »
 Companies must drop retro tax cases to avail settlement scheme: CBDT
 FinMin may review tax regime on long-term capital gains
 Income tax return: TDS refund on capital gains invested needs to be instant
 CBDT holds circular on indirect tax provisions
 CBDT puts on hold circular on taxation of indirect transfer of shares
 CBDT prods officials to meet tax collection targets
 Budget 2017: Direct tax reforms to be gradual than radical, says KPMG
  FM Arun Jaitley may drop tough tax accounting rules
 FM Arun Jaitley may drop tough tax accounting rules
 How to view your TDS through form 26AS?
 Deduction of tax at source Income-tax deduction from salaries under section 192 of the Income-tax Act, 1961

Seminar on TDS
November, 07th 2011
Bangalore Chamber of Industry and Commerce (BCIC)?under the aegis of?its?Direct Taxes Expert Committee organised a?Seminar on Tax Deduction at Source (TDS). ? The objective of the seminar was to reflect on issues relating to?TDS concerning??cross border transaction, industry issues and
domestic pyments.
?K R Sekar, Chairman, Direct Taxes Expert Committee, BCIC? said, the seminar would reflect on industry issues related to tax deduction at source, mismatch of PAN card details, lawyer and holding taxes and? the practical problems faced by the corporate? and tax payers. Speaking on TDS Issues on Cross Border Transaction and the recent legal developments, Sharath Rao, Associate Director, BMR Advisors Pvt. Ltd said, Karnataka High Court held that TDS determination on NR payments cannot be made voluntarily NOC from Income-tax Department (ITD) is mandatory, Supreme Court reversed the KHC ruling, SC has affirmed that TDS provisions being machinery provisions have to be read together with the charging provisions in Section
4 of the ITA

Speaking on TDS Issues on Domestic Payments that are specific issues to reimbursement of? expenses, riram Sampath, AGM Finance, TVS Motor Co. Ltd,? said, The term any sum used in the Section (and in Circular No. 715) conveys that reimbursement of expenses will also attract TDS. Courts have held that TDS will not be attracted if separate bill is raised for reimbursement of expenses and contrary views have also been held by Courts.? He also spoke about queries related to Remittance, eTDS Return, TDS Certificate and NSDL/TIN.
S Sampath Kumar, DGM Taxation (Direct Taxes), Toyota Kirloskar Motor Pvt Ltd said, TDS is indirect method of collecting tax Pay as you earn. It ensures regular flow of revenue to Government Exchequer and minimises incidents of tax evasion. It is an Obligation on Payer to deduct tax at source (TDS)
Addrssing the gathering, P S Chhina, IRS Commissioner Income Tax TDS Bangalore said, The economy has attained a higher growth path, there has been growth and structural transformation of various segments and the role of the service sector too has increased many folds.
 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Organic SEO Outsourcing Organic Search Engine Optimization Outsourcing Organic Website SEO Organic SEO India Website SEO India Organic Search Engine Optimization India Organic Internet SEO India Organic Web

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions