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Module Theme Speakers What You learn

1 The Role of a CFO Mr. D. D. Rathi Responsibilities, expectations, Director, Grasim Industries the position of the CFO in the corporate hierarchy and the thought process needed — upgrade from being a Finance Controller to a CFO

2 Mobilisation of Mr. Paresh Mehta Alternate sources of finance and Finance CFO, Ashoka Buildcon managing cost of capital options Mr. Ashish Chauhan to list on newer exchanges MD & CEO, BSE Private Equity experience

3 Risk Management Mr. Anil Rustogi, Sr. President and Forex risk and hedging Deputy CFO of Aditya Birla Group Global Pulp & Fibre Business

Mr. B. R. Jaju Treasury Function CFO, Welspun Corp. Ltd. Project Risk Default Risk and Sickness

4 Corporate CA Amrish Shah Role in identifying restructuring Restructuring Partner & National Leader, options and initiating change Transaction Tax Role in Implementation Ernst & Young LLP

5 Financial Reporting CA Rajeev Pai Setting up ERP based accounting CFO, JSW Steel Ltd. systems reporting to owners / shareholders

6 Investor Relations Mr. Yogesh Dhingra* Handling AGMs and Press Management CFO, Blue Dart Releases Dealing with shareholders and stakeholders

7 Legal Compliances Mr. Bharat Vasani* An overview of need to be legally TATA Sons proficient. Interacting with legal professionals Liability under tax laws and other laws

8 Project Management Mr. Pramod Menon Financial Budgeting Director (Finance) Managing Cost overruns JSW Energy Ltd. Tracking and reporting along with Project Teams Tools like PERT CPM

9 Board of Directors CA M. M. Chitale Board Meetings Past President, ICAI Audit Committee Meetings

10 Developing Mr. Pradip Shroff Corporate Etiquette Personal Skills CEO Coach Communication Skills Member CFI Coaching Network Managing People

11 Expectation Mr. Sudhir Valia How to manage various Management Director, expectations from different Closing Session Sun Pharma Ltd. stakeholders and personal growth and family expectations

* Confirmation awaitedInterested members may download the “form” from Chamber’s website www.ctconline.org or may collect it from Chamber’s office and send it along with the cheque. Outstation members are requested to send DD/at Par Cheque.

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37th RRC

RESIDENTIAL REFRESHER COURSE & PUBLIC RELATIONS COMMITTEE

Chairman : Vijay Bhatt Vice Chairman : Parag Ved Convenors : Kishor Rajeshirke, Charu VedAdvisor : Kishor Vanjara

Thursday, 13th February, 2014 to Sunday, 16th February, 2014

In its endeavour to explore new venues for the delegates, The Residential Refresher Course and Public Relations Committee is pleased to announce the Chamber’s 37th Residential Refresher Course (RRC) at “Anandha Inn Convention Centre & Suites”, Pondicherry (www.anandhainn.com).

Pondicherry, the capital of Union Territory Puducherry, carries a mix flavour of French & Tamil cultures. Pondicherry houses the internationally acclaimed Sri Aurobindo Ashram, which is renowned for its spiritual supremacy. For the first time in the history of Chamber’s RRC, the delegates would have privilege of viewing sunrise from the Bay of Bengal at the Southern East Coast of India.

Situated in the heart of the town, Anandha Inn is well equipped with the modern amenities. The Hotel is situated near to Shri Aurobindo Ashram, Sri Manakula Vinayagar Temple & Beach Boulevard. ‘Auroville’ well-known for its Meditation Centre ‘Matrumandir’ is located about 12 km. from the hotel.

To enrich the members with the knowledge, papers covering recent developments in tax laws have been selected to be discussed at the RRC.

Papers Faculties

Reassessments / Revision / Rectification Paper Writer : CA Mahendra Sanghvi

Chairman : Shri Keshav Bhujle, Advocate

Case Study under Direct Taxes Paper Writer : Ms. Anita Sumanth, Advocate (Chennai)

Chairman : Shri S. N. Inamdar, Sr. Advocate

Case Study in Taxation of Real Estate Transactions Paper Writer : [Secs. 2(1A), 2(14), 43CA, 50C, 50D, 56(2)(vii)(b), CA Pradip Kapasi 145 & TAS and 194-IA]

Brains Trust : Direct Tax Brains Trustees: Eminent Faculties

Days & Dates : Thursday, 13th February, 2014 to Sunday, 16th February, 2014

Delegate fees up to 30/11/2013 : ` 11,214 + Service Tax 12.36%- ` 1,386 = Total ` 12,600.

Delegate fees from 01/12/2013 : ` 12,460 + Service Tax 12.36% - ` 1,540 = Total ` 14,000.

The fee includes 3 Nights–4 Days accommodation on double occupancy basis in Standard AC Room, meals starting with Lunch on Thursday (13th Feb.) and ending with Packed Lunch on Sunday (16th Feb.), Sight Seeing to Mahabalipuram and course material.

Registration is on first–come–first served basis

In case of cancellation, no refund request shall be entertained, except under genuine unavoidable circumstances, subject to the approval of the RRC & PR Committees.

37TH RESIDENTIAL REFRESHER COURSE ANANDHA INN CONVENTION CENTRE & SUITES, PONDICHERRY

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Hotel Anandha Inn, Pondicherry, is well connected by road from Chennai. Many flight options are available for reaching Chennai. In addition, limited flights operate between Bengaluru & Pondicherry Airport. The Hotel is about 155 kms (3 hours) from Chennai Airport and about 4 kms from Pondicherry Airport. Delegates are requested to make their own travel arrangements up to the Chennai Airport.

Transportation by A.C. Bus: (Optional)

Pick-up from & Drop to Chennai Airport at an additional cost of ` 1,700/- (inclusive of Service Tax ` 187) is being arranged. The cost includes charges for Tea / Coffee, Snacks & Water during journey from Chennai to Pondicherry.

First Bus from Chennai will leave at 9.00 am and Second Bus will leave at 10.00 am on Thursday, 13th February, 2014. Delegates are requested to book their tickets accordingly and inform CTC about the bus option.

Bus from Pondicherry to Chennai Airport will leave at 1.00 pm on Sunday, 16th February, 2014 after completion of Brains Trust and concluding session.

Flight timings

13-2-2014- From Mumbai

Mumbai – Chennai

Airline Flight No. Dep. Arr.

Go Air G8-301 5.50 a.m. 7.45 a.m.

Spicejet SG-291 6.05 a.m. 8.10 a.m.

Indigo 6E-427 6.20 a.m. 8.15 a.m.

Air India AI-570 7.00 a.m. 8.55 a.m.

Jet Airways 9W-465 7.20 a.m. 9.20 a.m.

Mumbai-Pondicherry (Via Bengaluru)

Airline Flight No. Dep. Arr.

Spicejet SG-151 &

SG-3305 9.50 a.m. 2.40 p.m.

16-2-2014- From Chennai/Pondicherry

Chennai – Mumbai

Airline Flight No. Dep. Arr.

Indigo 6E-278 5.25 p.m. 7.20 p.m.

Jet Airways 9W-468 5.55 p.m. 7.50 p.m.

Jet Airways 9W-470 7.10 p.m. 9.05 p.m.

Air India AI–571 8.45 p.m. 10.45 p.m.

Spicejet SG-296 8.50 p.m. 10.55 p.m.

Pondicherry – Mumbai (Via Bengaluru)

Airline Flight No. Dep. Arr.

Spicejet SG-3306 & SG-529 3.30 p.m. 9.25 p.m.

Note: Above Flight timings are indicative. Kindly check with Airline before booking the tickets.

Note:

1) Check-in time at Hotel : Thursday, 13th February, 2014 at 12.00 noon.

Check-out time : Sunday, 16th February, 2014 at 12.00 noon

2) RRC will commence at 3.30 p.m. on Thursday, 13-2-2014 and end by 12.00 noon on Sunday, 16-2-2014.

Please return the duly completed Form along with Cheque/ DD in favour of “The Chamber of Tax Consultants”. Outstation members are requested to make payment by At Par Cheque / Demand Draft only.

(CTC Office : 3, Rewa Chambers, Ground Floor, 31, New Marine Lines, Mumbai-400 020. Tel: 2200 1787 / 2209 0423 Fax: 2200 2455 / Website: www.ctconline.org)

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Format of Enrolment Form for 37th RRC

Name of Member: Sex: M/ F Age:

Mailing Address:

Telephones: (O) (R) Fax:

Mobile: , E-mail ID

(Kindly fill in E-mail address carefully and in legible writing to enable us to forward soft copy of the Conference material)

Details of Travel Schedule, if already done: Arrival at Chennai on February 13, 2014: By AIR

Flight No. ___________ Airline ________________________ Arriving Chennai at: ________ A.M.

Tick Bus option from Chennai Airport.

9.00 A.M.______ 10.00 A.M._______

Dep. from Chennai on February 16, 2014: By AIR

Flight No. ___________ Airline _____________________ Leaving Chennai at: _______ AM/PM

Choice of Room Partners (will be considered, if possible)

(1) ___________________________________ or (2) ___________________________________

Preference of Food (Veg / Non. Veg / Jain) __________________

I would like to act as Group Leader for following papers:

(1) _________________________ (2) ____________________ (3) ____________________

Course Material shall be collected: Personally / through Post

A) Delegate Fees : ` 12,600/- if enrolled up to 30-11-2013.

OR ` 14,000/- if enrolled after 30-11-2013. ` ___________

B) Transportation (Optional) ` 1,700/- `____________

C) Voluntary Donation Towards “Uttarakhand Flood Relief Fund” (optional) `____________

Total `____________

Draft / Cheque No. __________dated ________________ drawn on ________________________ Bank

_____________________________ Branch for ` _________________________ is enclosed herewith

Signature_______________

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2nd Residential Refresher Course on Service Tax

2nd RRC on

Service Tax

INDIRECT TAXES COMMITTEE

Chairman : Ashit Shah Vice Chairman : Pranav KapadiaConvenors : Aalok Mehta, Narendra SoniAdvisor : A. R. Krishnan

The Lagoona Resort – S. No. 55, Tungarli, Lonavala – 410 403, Pune. Friday to Sunday, 3rd January, 2014 to 5th January, 2014

Indirect Tax Committee is pleased to announce the Chamber’s 2nd Residential Refresher Course (RRC) on Service Tax, at The Lagoona Resort - An Ecotel Hotel, at S. No. 55, Tungarli, Lonavala - 410 403 which is located at a distance of 10 Kms from Lonavala Railway Station & Mumbai Pune Express Highway. It is about 2 hours drive by International Airport at Mumbai. The Lagoona Resort is the new jewel in the Sahyadris’ crown.

Papers for Discussion SpeakersPaper - I Service Tax & VAT on Composite Transactions Mr. P. K. Sahu, Advocate

Paper - II CENVAT Credit Mechanism for Service Providers Mr. V. Raghuraman, Advocate

Paper - III Case Studies under Service Tax CA Parin A. Mehta

PresentationI Prosecution, Arrest and Recovery provisions under Mr. V. Sridharan, Advocate Service Tax Legislations

Date 3rd January, 2014 to 5th January, 2014 - Friday to Sunday 2 nights and 3 days on Twin Sharing basis in Deluxe Rooms

Venue The Lagoona Resort - S. No. 55, Tungarli, Lonavala - 410 403, Pune Dist.

Fees Twin Sharing

` 8,500/- + ` 1,051/- (12.36% ST) = ` 9,551/- for members - if enrolled before 30-11-2013

` 9,250/- + ` 1,143/- (12.36% ST)= ` 10,393/- for members - if enrolled after 01-12-2013

` 9,500/- + ` 1,174/- (12.36% ST) = ` 10,674/- for non member – if enrolled before 30-11-2013

` 10,250 + ` 1,267/- (12.36% ST)=` 11,517/- for non members – if enrolled after 1-12-2013

Delegates are requested to make their own travel arrangements.

In case of cancellation, no refund request shall be entertained, except under genuine unavoidable circumstances, subject to the discretion & approval of Indirect Taxes Committee.

Please return the duly completed form along with Cheque / DD in favour of “The Chamber of Tax Consultants”.

(Outstation members are requested to make the payment by At par Cheque / Demand Draft only)

Interested members may download the “form” from Chamber’s website www.ctconline.org or may collect it from Chamber’s office and send it along with the cheque. Outstation members are requested to send DD/at Par Cheque.

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Half Day Seminar on Labour Laws

With the increasing importance, compliance and with talk of reforms in Labour Laws, the members need to update their knowledge based on provisions of various Labour Laws. With a view to help the members, The Allied Laws Committee jointly with Bombay Chartered Accountants’ Society (BCAS) has arranged a Half Day Seminar on “Labour Laws”.

Day and Date : Saturday, 23rd November, 2013

Time : 9.30 a.m. to 1.30 p.m.

Venue : Gulmohar Hall, BCAS, Jolly Bhavan No. 2, Ground Floor, New Marine Lines, Mumbai-400 020

Fees : • ` 618/- for Members • ` 843/- for Non-Members (inclusive of Service Tax, Tea/Coffee, Snacks & Material)

Speaker : Shri Ramesh Soni, Labour Law Consultant

Topic : • Employees State Insurance Act, 1948 • The Payment of Bonus Act, 1965

• The Employees’ Provident Fund & Miscellaneous Provisions, 1952

• The Payment of Gratuity Act, 1972

• The Contract Labour and Abolition Act, 1970

Interested members may download the “form” from Chamber’s website www.ctconline.org or may collect it from Chamber’s office and send it along with the cheque. Outstation members are requested to send DD/at Par Cheque.

ALLIED LAWS COMMITTEE

Chairman : Ashok SharmaVice-Chairman : Jagdish PunjabiConvenors : Vijay Kewalramani Ashok ManghnaniAdvisor : Pravin Veera

LABOUR LAWS

REDRESSAL OF GRIEVANCES REDRESSAL OF GRIEVANCES

LAW & REPRESENTATION COMMITTEE

Chairman : Vipul JoshiVice-Chairman : Shailesh BandiCo-Chairman : Mahendra SanghviConvenors : Krish Desai, Amrit PorwalAdvisor : Y. P. Trivedi

Dear Members,

Director of Income-tax (Vigilance), Western Region, Mumbai, having charge over the States of Maharashtra, Gujarat, Rajasthan, Madhya Pradesh and Chhattisgarh, had invited The Chamber of Tax Consultants to seek help and co-operation of the professional associations and their members in identifying the officers / areas of the Income-tax Department that have generated complaints for corruption, dishonesty, harassment, etc. He has not only assured prompt action but has also assured full confidentiality. We, the professionals, should use this opportunity and should do our best by lending our help and support to such endeavour to control such menace. Some of the areas identified are Registration of Charitable Trust, Pre-calls for Scrutiny Assessment and Audit queries, Conduct during Survey & Search and during Assessment, in relation thereto, High-pitched assessments, and harsh assessment proceedings.

We invite descriptive feedback, information and suggestions from the members in this regard. Members are requested to send details of such or other incidents, preferably with name/designation of the officer, along with actual incident, assessment year, type of proceedings and nature of the unpleasant act. We assure that full confidentiality shall be maintained. Alternatively, the aggrieved professional/Client–assessee may directly meet the Director of Income-tax (Vigilance) personally at his office at Room no. 337, Aayakar Bhavan, M. K. Road, Mumbai-400 020.

Your active participation in such endeavour shall be highly appreciated.

Regards,

For The Chamber of Tax Consultants

Vipul Joshi Chairman, Law & Representation Committee

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Posted at Mumbai Patrika Channel Sorting Office – Mumbai 400 001.

Date of Publishing 1st of Every Month Date of Posting : 1st & 2nd October, 2013

If undelivered, please return to :

Non-receipt of the CTC News must be notified within one month from the date of publication, which is 1st of Every Month.

Printed by Shri Kishor Vanjara and published by him on behalf of The Chamber of Tax Consultants (owners), 3, Rewa Chambers, Ground Floor, 31, New Marine Lines, Mumbai 400 020 and Printed at Finesse Graphics & Prints Pvt. Ltd.,309, Parvati Industrial Premises, Sun Mill Compound, Lower Parel (W), Mumbai 400 013 and published at The Chamber of Tax Consultants (owners), 3, Rewa Chambers, 31, New Marine Lines, Mumbai 400 020.

Editor : Shri Kishor Vanjara

To

3, Rewa Chambers, Ground Floor, 31, New Marine Lines, Mumbai–400 020

Tel.: 2200 1787 / 2209 0423 • Fax: 2200 2455 E-mail: office@ctconline.org • Website: www.ctconline.org

THE CHAMBER OF TAX CONSULTANTS

Regd. No. MH/MR/South-133/2012-14 Registered with Registrar of Newspaper for India under R. No. MAHENG/1999/1376

INTERNATIONAL TAXATION COMMITTEEChairman : Paresh Shah Vice Chairman : Naresh Ajwani

Convenors : Devendra Mehta, Rajesh L. Shah

Special Offer : NOW also available as E book To view, download the e book, Please visit: www.ebooks-cchindia.comAvail 40% Discount Hurry! Offer valid up to 31th October 2013.FREE TRIAL : As an inaugural offer login for 15 days Free Trial of our eBook Store.Buy “International Taxation - A Compendium” and get 50% off on India International Tax Explorer (ITE) - your online gateway to global tax information. ITE is a subscription based resource from CCH India, which answers international tax questions best. To subscribe, kindly write to - Marketing@cchindia.co.in

Please send cheque / DD in favour of The Chamber of Tax Consultants Outstation members are requested to send DD/At par cheque in favour of The Chamber of Tax Consultants

SELF AWARENESS SERIESSAS

MEMBERSHIP & EOP COMMITTEE

Chairman : Parimal ParikhVice Chairman : Hemant ParabConvenor : Priti Savla

The Self Awareness Series Meeting will be held as under:

Day & Date : Thursday, 24th October, 2013Time : 5.45 p.m. to 6.15 p.m. (Fellowship & Snacks) 6.15 p.m. to 7.45 p.m. (Lecture)Subject : Information Technology for Business Innovation & GrowthSpeaker : Nilay Yajnik, Professor & Chairman Information Systems Area, Narsee Monjee Institute of Management Studies, MumbaiVenue : CTC Conference Room, 3, Rewa Chambers, Ground Floor, 31 New Marine Lines, Mumbai–400 020