CorpKonnect
Presents

Withholding Tax Masterclass
10th June 2016 in Mumbai at Hotel Novotel

Workshop Timing: 09:30 AM - 05:30 PM

Several corporate houses in India (MNCs as well as Indian Groups) make large payments to foreign entities. Determining TDS (also known as withholding tax or WHT) implications on these payments is critical, before making remittance outside India. The Income tax department has put a lot of energy in streamlining and ensuring compliance of withholding tax provisions as a result corporates/assesses keep on receiving the default notices on regular intervals. Hence, Indian Businesses (domestic as well MNCs) are required have a greater focus on compliance and managing the internal process is becoming critical.


CorpKonnect’s full day Withholding Tax Masterclass will enable corporate executives and practicing professionals to update their knowledge not only to follow them but also to avoid litigation and provide quality services to their client. This will also enable them to focus on growth of their business rather than indulging into avoidable complications.

 
      Training Module
Technical Session 1: Determination of Withholding Taxes:
  • Basic framework
  • For payment to NRIs and foreign companies (International Transactions)
  • For payment to residents (Domestic Transactions)
  • Consequences of non-compliance
  • TDS – Exclusions


Recent Judicial pronouncements and case laws of Withholding Taxes

Technical Session 2: Taxation of Non Residents with respect to Capital Gains including Indirect Transfers

  • Capital Gains taxation under IT Act
  • Capital Gains taxation under DTAA
  • Key recent developments
  • Case study – Indirect Transfer
  • Purchase of capital assets from an NRI
  • Practical approach on TDS on indirect transfer
  • Recent controversy on LTCG taxation

Recent Development - India Mauritius Tax Treaty Amendment 

Technical Session 3: Taxation of Royalty and Fees for Technical Services (FTS)

  • Applicable Laws - The income Tax Act 1961 vs the DTAA
  • Meaning of Royalty and FTS under Income Tax Act
  • Widening scope of Royalty and FTS
  • Taxation of Royalty and FTS under Income Tax Act
  • Important concepts and clauses related to Royalty and FTS
  • Some important case laws

Technical Session 4: Business Profits under Tax Treaties

  • Basic Framework
  • Taxation of ‘business profits’ of a non-resident
  • Taxation of Business Profits
  • Permanent Establishment
  • Forms of PE

Attribution of Profits to a Permanent Establishment

  • Principles of Attribution
  • UN Model Convention
  • POEM

Some important case Laws

      Workshop Experts 
  • Sudhir Nayak - Partner, Dhruva Advsiors
  • Sanjay Sanghvi - Partner, Khaitan & Co.
  • Vishah J Shah - Partner, PwC India 
  • Jayesh Karia - Partner, B S R and Associates
      Registration Details

Standard Fees: INR 8500 + 14.5% Service Tax per delegate 

Avail 10% Early Bird Discount on 2 or more registrations till 3rd June for Mumbai

To register OFFLINE through Cheque/DD/NEFT: Please Click Here
 
To register ONLINE through Credit Card/Debit Card: Please Click Here
 


For Registration or any other information, please contact

Biplab SenGupta on +91 - 8130826342 or write at training@corpkonnect.com


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