Quote for the Day

"True guidance is like a small lamp in a dark forest.
It doesn't show everything at once,
but gives enough light for the next step to be Safe"

Implementation of Know Your Member (KYM) Form in SSP Portal

All the Members are required to submit mandatorily the KYM Application Form through Self Service Portal and the procedure to submit the KYM Form is as under:

Login to Self Service Portal  ---> Member Functions ---> KYM Form

Once the KYM form is opened but not successfully submitted, the same will be available in the "Pending / Submitted/ Ask for correction pending application" option in the Member Module under Member Functions with the following path:

Login to Self Service Portal ---> Click on Member Functions ---> Click on Pending / Submitted/ Ask for correction Pending / Submitted/ Ask for correction ---> KYM Form

You are kindly requested to submit the KYM form at the earliest via SSP Portal to update your latest KYC information with ICAI.

Unlocking the Power of Tax Treaties - A Useful Article

Pl. click below link for article on “The mismatch in the definition of Permanent Establishment (PE) in the Domestic Tax Law of the UAE and Double Taxation Avoidance Agreements (DTAAs)” by CA. Rishabh Agarwal s/o CA. Sanjay K. Agarwal [Founder - Voice of CA] " which has been published by Taxmann.

The article highlights the importance of accurately determining whether a non-resident has a PE in a state to meet tax obligations and avoid negative consequences. It compares the definition of PE in the UAE Corporate Tax Law and India-UAE DTAA, emphasizing the differences in the types of PEs and exclusions.

Additionally, it briefly touches upon the general principles of treaty interpretation enshrined in the VCLT.

Grievance Income Tax Google Form by CCIT Amritsar

Job Vacancy of the Week

Click on the button below for this week's collated job vacancies.

Connect with us on Social Media by clicking on the links below: