Easy Office
LCI Learning

Articles by Kishan Mer

avatarView Full Profile

Section 194O| TDS on e-commerce transaction

  Kishan Mer    02 March 2020 at 10:31

Finance Bill, 2020 proposed to Insert sec 194-O, where E-commerce Operator ("Operator") liable to deduct TDS from payment made to E-commerce participant ("Participant") in respect of sale of goods or services or both facilitated by operator through its digital or electronic platform, at rate of 1%, at time of credit or payment w. e. earlier.