Description
Bloomsbury India Fema Compounding Orders - A Comprehensive Analysis by CA Harshal Bhuta and CA Hardik Mehta and CA Tanvi Vora
Key features of the book
• Solitary publication on analysis of RBI compounding orders (upto 31st December 2018)
• Coverage of 1268 FEMA compounding orders
• Arrangement of compounding orders Notification-wise and Regulation-wise
• Handy comparison of erstwhile and revised FEMA Notifications for provisions contravened under the compounding orders
• Vital insights into principles applied by RBI while interpreting provisions of FEMA and important notifications
• Detailed reporting of nearly 100 compounding orders along with analysis and summary compilation of all remaining orders
About the authors
CA Harshal Bhuta
Harshal Bhuta is a qualified Chartered Accountant from India. He has also received an Advanced Diploma in International Taxation from the Chartered Institute of Taxation (United Kingdom). He holds LL.M. in International Tax Law from Wirtschaftsuniversität Wien, which he pursued as 2014 – FIT Scholar.
He is working with P. R. Bhuta & Co., Chartered Accountants (Mumbai, India) which is a boutique firm known for providing Indian Foreign Exchange Laws, Transfer Pricing & International Taxation consultancy services with special focus on Emigrating and Immigrating Individuals. He has over 10 years of varied work experience which includes advising on numerous cross border transactions. He is a regular speaker at various forums and has published a number of articles. He also conducts Masterclass on Cross-Border Transactions for training participants from corporate sector. Along with co-partners, Harshal Bhuta has made various representations from the firm to the Central Board of Direct Taxes (Ministry of Finance, Government of India), Department for Promotion of Industry and Internal Trade (Ministry of Commerce and Industry, Government of India) and as well as to OECD towards suggestions for improvement of draft legislation(s). He is presently serving as Vice-Chairman for International Taxation Committee of The Chamber of Tax Consultants, India.
CA Hardik Mehta
Hardik Mehta is a qualified Chartered Accountant from India. He has also completed Certified Public Accountant (CPA (US)) examinations in 2018.
He is working as a partner with M B Nayak & Co., Chartered Accountants (Mumbai, India) which is a multi – disciplinary firm. He has over 10 years of work experience and specializes in advising clients on Exchange Control law and Regulations (FEMA), Transfer Pricing Regulations and International Tax Law. He also advises and assists Indian NRIs and subsidiaries of Indian companies in USA in filing their US Tax Returns. He regularly speaks at various study circle meetings and seminars of Bombay Chartered Accountants Society (BCAS), The Chamber of Tax Consultants (CTC) and Western Region of ICAI (WIRC). He is presently serving as managing council member and convenor of Taxation Committee of BCAS.
CA Tanvi Vora
Tanvi Vora is a qualified Chartered Accountant from India. She also holds a Gen. LL.B. degree from K.C. Law College, Mumbai. She has also received an Advanced Diploma in International Taxation from the Chartered Institute of Taxation (United Kingdom). She is currently pursuing an Advanced LL.M. in International Tax Law from University of Amsterdam (jointly with IBFD) and was awarded the UvA-IBFD scholarship.
In the past, she has worked with P. R. Bhuta & Co., Chartered Accountants (Mumbai, India), a boutique firm known for providing Indian Foreign Exchange Laws, Transfer Pricing & International Taxation consultancy services with special focus on Emigrating and Immigrating Individuals. Before that, she has also worked with KPMG India in Transfer Pricing and with T.P. Ostwal and Associates, Mumbai, India. Her varied work experience includes transfer pricing compliance and consultancy of large MNEs and has also advised on numerous cross border transactions. She is a regular speaker at various forums and has published a number of articles.
About the technical editors
Manoj C. Shah
Manoj Shah has qualified as Chartered Accountant in the year 1987 and is a founder partner of the firm Shah & Modi, Chartered Accountants.
He is Past President of The Chamber of Tax Consultants & Past President of CVO Chartered & Cost Accountants’ Association. His focus areas of practice are Exchange Control Regulations (FEMA), International Taxation and Transfer Pricing.
His contribution to publications of various organizations, include-
• Co-Author of publication: “Tax withholding from payments to Non Residents” published by the Chamber of Tax Consultants.
• “International Taxation-A Compendium- 3rd Edition” published by the Chamber of Tax Consultants.
• ‘FEMA’ in Referencer of WIRC.
• “Referencer on FEMA” a publication of ICAI.
He has delivered talks on FEMA and Non-Resident taxation at seminars/conferences at various forums across India.
Pankaj R. Bhuta
Pankaj R. Bhuta is the Founder of P. R. Bhuta & Co., Chartered Accountants and a Fellow Member of the Institute of Chartered Accountants of India, with near to four decades in practice.
He is having rich experience in the field of Foreign Exchange Regulations, Corporate Valuations, Direct Taxation, International Taxation, Transfer Pricing, Audit and Assurance. He focuses particularly in providing integrated taxation and Foreign Exchange Laws Consultancy Services to High Net Worth Non-Resident Indian Nationals settled out of India and Foreign Nationals living in India as well as Non-Resident Indians returning to India.
As a way of giving back to the profession, he regularly leads talks and seminars on various topics of the ever changing Foreign Exchange Laws. He also contributes regularly to various professional journals.