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Home > Working Committees > Direct Tax Committee

Direct Tax Committee

Committee Events

The profitability, growth and even the very survival of an industrial unit depends to a large extent on the impact of taxation on the unit. Direct Taxes such as Income Tax, Corporate Tax, Property tax have a substantial impact on the growth of the industry. The complex and constantly changing laws impose an extra burden on the ordinary tax payer to keep abreast of them. It is therefore necessary to have a committee of experts in the field of direct taxation to guide and help the industry. The Direct Taxes Working Committee has been established with this main objective. The Direct Tax Committee was last reconstituted on 16th July 2011 under the chairmanship of Shri K. D. Shah. Shri Nilesh Desai, Hon. Treasurer is the GCCI office-bearer in charge.

Office Bearers :	Hon.Treasurer
Chairman :	SHRI K.D.SHAH
Officer :	Tanmay Mehta

Other Members :

1. Shri Darshan Jani
2. Shri C.H. Pamnani
3. Shri Sanjay R. Shah
4. Shri Praful Shah
5. Shri Latesh Parikh
6. Shri Upendra Bhatt
7. Shri Hiren D. Shah

The committee plans to organize a series of programmes throughout the year, on various topics related to direct taxes, to create public awareness of Income Tax issues. It seeks to regularly interact with the Income Tax department for procedural improvements. It also proposes to submit a Pre-Budget Memorandum and Post Budget Memorandum with suggestions for incorporation in the Union and State budgets. A Direct Taxes helpdesk is maintained by the committee to resolve members queries/issues related to direct taxes. The other programmes proposed are organizing a program on Limited Liability Partnership, seminar on FDI (Covering both inbound and outbound investment), program on Direct Tax Code, lecture on Practical Aspects of TDS and understanding of 44AD and inviting the CBDT Chairman for discussing policy related issues of taxation.

About GCCI | Gujarat Chamber of Commerce and Industry.