E-commerce operators

CBDT points pointers on 1% tax deduction by e-commerce operators

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The Central Board of Direct Taxes (CBDT) on Thursday issued pointers deduction of 1 per cent earnings tax of the gross quantity of sale of products or providers by e-commerce firms in a multiple-operator mannequin framework. At present, Part 194-O of the Revenue Tax Act, 1961 supplies that an e-commerce operator shall deduct earnings tax … Read more