Imp Info Mergers Course 09

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    Course on

    Mergers & Acquisitions: Issues and Techniques in

    Assessment24th26th August, 2009

    The NADT warmly welcomes the participants of the Course on Mergers &

    Acquisitions: Issues and Techniques in Assessment! We are happy about this

    opportunity to host this and are leaving nothing to chance in ensuring that yourstay and other arrangements made are rewarding and stimulating. Please let us

    know by calling Extension No. 250 if anything is amiss or additionally required.

    About the Course: This Course is in line with the Departments concerted moves

    to deepen its core areas of competencies and expertise towards attaining its goals

    of tax revenue and taxpayer service maximization. It seeks to examine what

    Mergers and Acquisition deals mean to investors and to the Department by

    discussing the forces that drive companies to buy or merge with others, or to split-

    off or sell parts of their own businesses. Knowing the different ways in which these

    deals are executed will help one know if should cheer or weep when a companyone owns buys another company or is bought by one. And seen against the

    backdrop of Mittal Steel acquiring Arcelor, Tatas acquiring Corus and Vodafone

    acquiring Essar-Hutchison, Indian M & A deals have come to assume international

    ramifications, resulting in International Taxation, Transfer Pricing and Tax Treaty

    related issues. These need to be beneficially debated and analyzed. As a

    Departmental officer, one also needs to be aware of the tax consequences for

    companies and for investors so that understanding dawns in respect of the

    accounting, financial and statutory meanders that result from M & A deals. These

    will help reduce malpractice, detect income concealment and minimize taxevasion. One also needs to understand from a more holistic viewpoint, how these

    impact the various entities and sectors within the national economic matrix, and

    what tax angles result from such multiplier effects and need to be investigated and

    exploited.

    The Course is slated to occupy a timeframe of3 days from 24th August to 26th

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    August, 2009 and will be inaugurated by Shri M. Tirumala Kumar, Addl. Director

    General II, NADT between 10.00 AM to 10.30 AM on 24 th August, 2009 at the

    Central Hall, Ground Floor, Faculty Building, NADT.

    Accommodation: Arrangements for accommodation of the participants

    have been made in the officers hostels, viz., Takshashila & Nalanda atNADT. Food will be served in the Officer's Mess. The timing of the Mess willbe as under:

    Breakfast: 08:30 A M - 10:00 A M; Lunch: 01:30 P M - 02:30 P M: Dinner : 08:00 P Mto 10:00 P M

    The participants will be provided with tea in their rooms in the morning andevening. Provisions for room attendants in the hostel have been made from06:00 AM to 09:30 AM and 06:00 PM to 10:00 PM. The tariffs and otherpayables during the stay are as follows:

    A flat sum of Rs. 500/Rs. 300/Rs. 200 per person per day will bepayable towards mess charges for Chief Commissioners/Commissioners,Addl./Jt. Commissioners and Dy./Asst. Commissioners, as the case may be,respectively. Billing is done on this basis, irrespective of whether food isactually taken or not. Rs. 40 per day per person will also be required to bepaid towards room rent.

    All participants are also required to make the following contribution to theWelfare Fund and the same will be collected by the Caretaker of the

    Hostels.

    For Stay up to 2 days: Rs. 50/- For Stay from 3 to 5 days: Rs. 100/- For Stayabove 5 days: Rs. 200/-

    All are requested to make the necessary payments and settle theirdues before leaving.

    Other facilities: The facilities of the NADT library are available to all theresource persons and participants. The library has about 40,000 books onvarious subjects. Any participant may take two books at a time and are

    requested to ensure that the books are returned before the end of thecourse. The C. C. Ganapathy Indoor Complex that houses a Health Club andfacilities for other indoor games is open to all resource persons/participantsfrom 06:00 PM to 09:00 PM.

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    NB : Participants are requested to please switch off their mobilephones in the lecture hall. They are also expected to attend allsessionsand maintain punctuality, discipline and decorum. NADT also has renovatedarchives that depict the rich history of training in the Income TaxDepartment. All are requested to visit the archives.

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