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Equalisation levy/Disallowance u/s 40 (a)(ib) of the Income Tax Act

Posted by RISHABH GUPTA 29 May 2020 24231 Views

Equalisation Levy was introduced in India in 2016, with the intention of taxing the digital transactions i.e. the income accruing to foreign e-commerce companies from India. It is aimed at taxing business to business transactions.




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