Past Events

Background: The Supreme Court in its recent decision in Engineering Analysis Centre of Excellence Private Limited (and others) has put to rest the long-drawn litigation on taxation of software payments to Non-Residents as Royalty under the Indian tax treaties. The Supreme Court decided the matter in favor of the taxpayers and held that the payments to the Non-Resident computer software manufacturers/suppliers to be consideration for the resale/use of the computers software through the End User Licensing Agreement (‘EULA’) / Distribution…

We are witnessing increase in number of notices served by Income Tax, Profession tax, GST department (including Notices for pre GST era). From all such notices, the notice to conduct GST Audit by GST department in terms of Section 65 of CGST Act remains to be a critical one. The GST department has initiated audit proceedings for F.Y. 2017-18 and F.Y. 2018-19. The first two years of GST implementation had undergone numerous changes and are full of unsettled issues (examples…

We are pleased to announce an interactive e-workshop uniquely designed for the articled students on Statutory Audit of Bank Branches. The workshop would be conducted by eminent experts who would deal with the various issues/complexities involved in conducting audit by giving practical examples. Also, key focus areas which articled students should keep in mind while conducting the audit would be explained. The details of the workshop are: Sr. No. Day & Date Time Topic Speakers 1 Thursday 18-03-2021 2.00 pm –…

This Course is designed to provide conceptual clarity to the professionals desiring to commence practice and will also help existing professionals in FEMA practice and in industry to equip and update themselves with the relevant provisions, procedures and various issues affecting day-to-day practice to assist them while executing transactions under FEMA Details for the course are as follows. Fees For Entire Webinar Series (All Sessions): For Members - Rs. 1,500/- + Rs. 270/- (GST) = Rs. 1,770/- For Non Members…

Date & Day  : Monday, 22nd March, 2021 Time : 06.00 p.m. – 08.00 p.m. Topic : Recent Important Direct Tax Decisions Speaker : Radha Halbe, Advocate

The Bengaluru Study Group (BSG) of the Chamber of Tax Consultants is organising a webinar on the topic of "Intricacies in liberalised remittance scheme and non-resident deposit regulations under FEMA". It is scheduled on 26th March, 2021. Webinar Details Date & Day  : Friday, 26th March, 2021 Time : 5.30 pm – 7.00 pm Topic : Intricacies in liberalised remittance scheme and non-resident deposit regulations under FEMA Speaker : Sri Gautham Gururaj, Advocate, Bangalore Participation Fees:- For CTC Members -…

In response to MCA notification dated 24-03-2021 on Mandatory audit trail in Accounting software, IT committee of the Chamber of tax consultants is pleased to come up with a webinar Key Take-aways : -What is Audit Trail? -Recent MCA notification on Audit Trail -Benefits of Audit Trail -Audit trail options on popular accounting software like Tally, Zoho and quick book The details of the webinar are as follows: Date & Day  : Saturday, 27th March, 2021 Time : 4.00 pm…

The accounting and auditing committee of the CTC has organised a webinar series on practical aspects of Ind AS. The webinar series will be held over 6 sessions covering recent developments, practical experience of handling Ind AS accounts and issues faced during accounts finalisation. The sessions will also try and cover inter-play of the subject with income tax and other aspects to highlight the potential issues and solutions. The sessions will be taken a by group of expert speakers who…