Equalisation Levy

Definitions.

164. In this Chapter, unless the context otherwise requires,—

 (a) "Appellate Tribunal" means the Appellate Tribunal constituted under section 252 of the Income-tax Act;

 (b) "Assessing Officer" means the Income-tax Officer or Assistant Commissioner of Income-tax or Deputy Commissioner of Income-tax or Joint Commissioner of Income-tax or Additional Commissioner of Income-tax who is authorised by the Board to exercise or perform all or any of the powers and functions conferred on, or assigned to, an Assessing Officer under this Chapter;

 (c) "Board" means the Central Board of Direct Taxes constituted under the Central Boards of Revenue Act, 1963 (54 of 1963);

  ⁴[(ca) "e-commerce operator" means a non-resident who owns, operates or manages digital or electronic facility or platform for online sale of goods or online provision of services or both;

 (cb) "e-commerce supply or services" means—

  (i) online sale of goods owned by the e-commerce operator; or

  (ii) online provision of services provided by the e-commerce operator; or

  (iii) online sale of goods or provision of services or both, facilitated by the e-commerce operator; or

  (iv) any combination of activities listed in clause (i), (ii) or clause (iii);]

^4a[Explanation.—For the purposes of this clause, "online sale of goods" and "online provision of services" shall include one or more of the following online activities, namely:—

 (a) acceptance of offer for sale; or

 (b) placing of purchase order; or

 (c) acceptance of the purchase order; or

 (d) payment of consideration; or

 (e) supply of goods or provi .... To read the full section download the app from Google Play store