TaxTonic Session: TeDiouS Compliance - Macro Analysis!
- Year of Publication: 2022
- ISBN: 0
95 minutes
Episode Background:
'TaxTonic', a new 'subscriber only' thought leadership series, is Taxsutra's endeavour to consistently deliver top notch technical content to it's readers. The labyrinth of tax rulings on convoluted transactions keeps the world of taxation unpredictable and ever-evolving. This series will feature engrossing presentations, incisive analyses and a deep-dive by the tax experts on burning issues & controversies. So, gear up for a 'tonic' to chisel your tax mind and challenge your wit.
Speaker:
Mr. Pramod Achuthan (EY India)
Mr. Sachin Sastakar (Chartered Accountant)
What shall the episode cover?
Withholding tax, introduced as a war-time measure in the US, continues to wage perennial legal battles between India's Income Tax Department and the taxpayers, both foreign and Indian. The expanding universe of India’s withholding tax regime would even make its supposed father, the Nobel laureate economist Milton Friedman, restless in his grave. The irony writes itself as one reads that later Friedman himself endorsed the abolition of withholding tax. History and irony apart, Indian Exchequer has the requisite tooth and claw to ensure strict TDS compliance wherefrom it collects its substantial chunk of revenue.
2. Reimbursements
3. Credit related issues
4. Payments to Non-Residents
5. Implications for “Assessee-in-Default”
6. Penalty & Prosecution.
Taxsutra is considered the most credible source of tax news in the tax fraternity. What started as a fledgling start-up has now become a leading brand in the tax world not only in India, but across the globe. Taxsutra's diverse customer set includes Fortune 500 Companies, large Indian Business Groups, Global Conglomerates, Tax Judges, IRS Officers, CBDT, Tax Lawyers & thousands of tax practitioners.
Taxsutra suite of portals :
1. Real time tax news & analysis for Corporate Tax (www.taxsutra.com/dt)
2. Transfer Pricing Portal (www.taxsutra.com/tp)
3. GST and Central Indirect Taxes Portals (www.taxsutra.com/gst - www.idt.taxsutra.com)
4. "Taxsutra Database" - Powerful Online Direct Tax Reference and Search Tool (www.database.taxsutra.com)
5. LawStreetIndia (LSI) (www.lawstreetindia.com) contains sub-modules on Company law, Securities law (SEBI/SAT), FEMA, IP laws & Competition Law
6. Taxsutra Accounting Standards portal (Ind-AS) (www.greentick.taxsutra.com)
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- Year of Publication: 2022
- ISBN: 0
95 minutes
Episode Background:
'TaxTonic', a new 'subscriber only' thought leadership series, is Taxsutra's endeavour to consistently deliver top notch technical content to it's readers. The labyrinth of tax rulings on convoluted transactions keeps the world of taxation unpredictable and ever-evolving. This series will feature engrossing presentations, incisive analyses and a deep-dive by the tax experts on burning issues & controversies. So, gear up for a 'tonic' to chisel your tax mind and challenge your wit.
Speaker:
Mr. Pramod Achuthan (EY India)
Mr. Sachin Sastakar (Chartered Accountant)
What shall the episode cover?
Withholding tax, introduced as a war-time measure in the US, continues to wage perennial legal battles between India's Income Tax Department and the taxpayers, both foreign and Indian. The expanding universe of India’s withholding tax regime would even make its supposed father, the Nobel laureate economist Milton Friedman, restless in his grave. The irony writes itself as one reads that later Friedman himself endorsed the abolition of withholding tax. History and irony apart, Indian Exchequer has the requisite tooth and claw to ensure strict TDS compliance wherefrom it collects its substantial chunk of revenue.
2. Reimbursements
3. Credit related issues
4. Payments to Non-Residents
5. Implications for “Assessee-in-Default”
6. Penalty & Prosecution.
Taxsutra is considered the most credible source of tax news in the tax fraternity. What started as a fledgling start-up has now become a leading brand in the tax world not only in India, but across the globe. Taxsutra's diverse customer set includes Fortune 500 Companies, large Indian Business Groups, Global Conglomerates, Tax Judges, IRS Officers, CBDT, Tax Lawyers & thousands of tax practitioners.
Taxsutra suite of portals :
1. Real time tax news & analysis for Corporate Tax (www.taxsutra.com/dt)
2. Transfer Pricing Portal (www.taxsutra.com/tp)
3. GST and Central Indirect Taxes Portals (www.taxsutra.com/gst - www.idt.taxsutra.com)
4. "Taxsutra Database" - Powerful Online Direct Tax Reference and Search Tool (www.database.taxsutra.com)
5. LawStreetIndia (LSI) (www.lawstreetindia.com) contains sub-modules on Company law, Securities law (SEBI/SAT), FEMA, IP laws & Competition Law
6. Taxsutra Accounting Standards portal (Ind-AS) (www.greentick.taxsutra.com)
