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2-DAY STUDY COURSE ON TDS U/S 195 ON FOREIGN REMITTANCES (Hybrid Mode)

August 26 @ 9:30 am - 5:30 pm

Section 195 of the Income-tax Act, 1961 (Act) lays down the obligation for deduction of income-tax at source from payments made or credits to non-residents which are in the nature of income chargeable to tax in India. This position is then required to be declared and certified in Form 15CA/ 15CB.

In order to be compliant with the provisions of section 195, one has to understand the applicable sections of the Act and Tax Treaties with respect to various foreign remittances and payables to Non-Residents and then determine the taxability and the correct rate of tax to be applied thereon.  There have been several recent developments which impact this obligation and there is interplay with other enactments e.g. the widened scope of Equalization Levy, etc.  Further impact of MLI has also to be considered while granting benefit of Tax Treaties which are Covered Tax Agreements. There is now a new scheme for taxation of dividend income earned by shareholders including non-resident shareholders and there has been wide interpretation of the deemed incomes taxable under section 9 of the Act. With a view to understand and deal with all these issues and recent developments, the International Taxation Committee of the Chamber of Tax Consultants has organized this Seminar for the benefit of the professionals in practice and the professionals in the industry.
 

Day & Date Friday, August 26, 2022  Saturday, August 27, 2022
Time 9.30 am – 5.30 pm 9.30 am – 5.30 pm

 

Physical Venue Babubhai Chinai Hall, 2nd Floor, Indian Merchant Chamber (IMC), Churchgate, Mumbai – 400 020
Virtual Mode Zoom link link will be shared nearing to the event

Participation Fees :

  Early Bird Fee till
7th August 2022
Fee from
8th August 2022
Member Rs.2500/- + Rs.450/- (GST) = Rs. 2950/- Rs.3000/- + Rs.540/- (GST) = Rs. 3540/-
Non-Member Rs.3000/- + Rs.540/- (GST) = Rs. 3540/- Rs.3500/- + Rs.630/- (GST) = Rs. 4130/-

Participation Fees to be paid online on the websiteCLICK HERE to make payment

Fees include soft copy of course material and online access to videos for a short duration post conclusion of the Course. For Offline participants, break-fast, lunch and evening tea would be provided.

S.No. Time Topic Faculties
    DAY 1 – August 26, 2022  
1 9.30 am – 10.00 am Key Note Address Eminent Faculty
2 10.00 am – 11.30 am Overview of TDS on payments / credits to Non-Resident under section 195. CA Hitesh Gajaria
  11.30 am – 11.45 am Tea Break  
3 11.45 am – 1.15 pm Taxation of Commercial Payments, Royalty & Fees for technical services
Nature of payments liable to TDS as Commercial payments , Royalty / FTS, various issues under DTAA such as make available, software royalty and interplay between taxation of Royalty/ FTS and EL
CA Bhaumik Goda
  1.15 pm – 1.45 pm Lunch  
4 1.45 pm – 2.45 pm Taxation of dividends and other income
Domestic law, Impact under various treaties including MLI, MFN clauses, etc., Dividend payments to FIIs and other controversies including interplay between Sec 195 and 196A/196D
CA Jimit Devani
5 2.45 pm – 3.30 pm Issues in Form 15CA/15CB from Banker’s Perspective Senior Faculty – ICICI Bank
  3.30 pm – 3.45 pm Tea break  
6 3.45 pm – 5.30 pm Taxation issues on payments to Non Resident Employees including reimbursement to foreign companies for seconded employees. CA Pallavi Dhamecha
    DAY 2 – August 27, 2022  
7 9.30 am – 11.15 am Taxation of foreign Shipping & Aircraft Companies in India (including Logistics & Transportation sector)
Interplay between Section 172 and 44B of the Act read with the DTAA provisions.
CA Ravikanth Kamath
 
  11.15 am – 11.30 am Tea Break  
8 11.30 am – 1.00 pm Taxation of foreign Shipping & Aircraft Companies in India (including Logistics & Transportation sector)
Interplay between Section 172 and 44B of the Act read with the DTAA provisions.
CA Sameer Kanabar
  1.00 pm -1.45 pm Lunch  
9 1.45 pm -3.15 pm Taxation in India of Non Resident Actors , Athletes & Sport-persons CA  Isha Sekhri
  3.15 pm – 3.30 pm Tea Break  
10 3.30 pm – 5.30 pm Brains Trust session / Panel Discussion. Moderator
CA Shabbir Motorwala
Panelists
CA Gautam Nayak & 
CA Sushil Lakhani

 

Details

Date:
August 26
Time:
9:30 am - 5:30 pm