Is IT-TDS applicable for payments made to supplier of e-books/journals. If applicable, under which section of IT Act?
Can e-books/journals treated the same as books/journals in physical form?
Is IT-TDS applicable for payments made to supplier of e-books/journals. If applicable, under which section of IT Act?
Can e-books/journals treated the same as books/journals in physical form?
NO TDS APPLICABLE ON ONLINE PURCHASE OF E-JOURNAL, SINCE THIS IS A SALE AND PURCHASE TYPE TRANSACTION. TDS PROVISION WILL NOT APPLY ON THE SAME.
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