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Archives - Happenings at Bengal
Chamber |
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February 2009
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Workshop on Direct Taxes, 20th February 2009,
Chamber premises
Mr. Pallav Gupta, Chairperson, Direct Taxes
Sub-Committee of the Chamber was the programme
coordinator. Shri T.K Chatterjee, Chief
Commissioner of Income Tax-I, Kolkata was the
Chief Guest. Shri Chatterjee commented on the
growth in Income Tax collection in West Bengal.
The State boasts a 24% growth rate. He also spoke
about the historical association between the
Bengal Chamber and legislators in India and that
the Chamber played a leading role during the
formulation of the Income Tax Act.
Mr. Rahul Mitra, Executive Director,
PricewaterhouseCoopers (P) Ltd., made a
presentation on Scopes of WHT on Cross Border
Remittance, taxation of Non Residents
and some specific topics in the context of WHT
like connectivity through bandwidth in leased
lines, payments made for distribution of software,
cross country charge of expatriates’ salaries,
transfer of I.P. registered outside India but used
in India, etc.
The other speakers were Mr. Sanjay Bhattacharya,
Chartered Accountant, Sukumar Bhattacharya & Co,
Mr. Barun Ghosh, Chartered Accountant, Ray & Ray
and Ms. Koel Mukherjee, Manager –Taxation, ITC
Limited. Mr. Bhattacharya addressed TDS on
domestic payments and its current issues. Mr.
Barun Kumar Ghosh spoke on Fringe Benefit Tax –
its legal aspects and current issues. Corporate
implications of Fringe Benefit Tax were covered by
Ms. Koel Mukherjee.
The programme was attended by over 80
participants. |
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