Tax Flash News

Tax Flash News
Tax laws in India are subject to interpretation by judicial authorities, and changes by way of amendments to the statute. Flash News enables you to stay abreast of the latest developments.
Discount allowed to foreign buyers towards advance payment on sales is treated as interest, and therefore liable for withholding of tax under Section 195 of the Act9/10/2014
The Karnataka High Court upheld the Tribunal’s judgment that the CIT has no revisionary powers under Section 263 of the Act once the ALP is accepted by the AO/TPO9/9/2014
CBDT lays down procedure and criteria for compulsory manual selection of cases for scrutiny during the financial year 2014-159/5/2014
Disallowance of expenditure under Section 40(a)(ia) of the Income-tax Act – the law is evolving9/4/2014
Social security agreement between India and Czech Republic effective from 1 September 20149/1/2014
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 Tax and Regulatory 

Enhancing a shareholder's value is a fundamental concept which drives every management effort in the modern business environment. Progressive and bottom-line focussed managements have realized that taxes (both direct and indirect, domestic and international), should be viewed as a dynamic item of cost rather than a passive charge on the profits.

Indeed, an effective tax-cost management provides a distinct competitive advantage. This requires the application of appropriate tax strategies proactively identified and surgically implemented.


We have developed a total tax management capability which encompasses the entire spectrum of direct, indirect and personal taxes. Our approach to tax planning is multi-jurisdictional. We, together with other member firm's offices spread across the globe, can provide quality national and international tax advice.


Our professionals are drawn from a wide variety of backgrounds. Industry specialization, service line specialization, international exposure and advanced training equips them to work with our clients and be their advisors in a wide spectrum of their business processes.


Webinar - Companies Act 2013

Webinar - Companies Act 2013
KPMG in India had organized a Webinar on 03 October 2013 to help you get a better understanding of the Companies Act 2013. Click the link above to view the recording of the webinar.