Study Circle on (08/10/04)

September 29,2004.

Western Region Chapter of
International Fiscal Association
111, Jolly Bhavan No.1,
10, New Marine Lines,
Mumbai - 400 020.

Dear Members,

Notice of Next Study Circle Meeting

It gives us great pleasure to inform you that IFA - WRC has organized a study circle meeting to discuss practical issues arising out of transfer pricing audit. Mr. Keyur Shah, Manager, Ernst & Young has consented to speak on the said subject. As you may be aware, Keyur is part of the International Tax team within the tax practice of Ernst & Young and is involved in assisting clients on transfer pricing and other International Tax issues.

The details are as under :

Entry to this meeting will be restricted to members of IFA - WRC only.

For Study Circle Committee

              SD/=
Sushil Lakhani / Kuntal Dave
           Convenor