TDS on e-commerce payments: operators must withhold tax at source on participant sales through digital platforms, subject to exemptions. Section 194 O requires e commerce operators to deduct income tax at one per cent. on the gross amount of sales or services facilitated through their digital platform at credit or payment, treating direct payments by purchasers as deemed payments by the operator. An exemption in sub section (2) excludes individuals and HUFs below the prescribed gross turnover threshold who furnish PAN or Aadhaar. Sub section (3) prevents further TDS on transactions covered by this section, except amounts received for advertising or unrelated services. Definitions for electronic commerce, e commerce operator, e commerce participant and services are included.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
TDS on e-commerce payments: operators must withhold tax at source on participant sales through digital platforms, subject to exemptions.
Section 194 O requires e commerce operators to deduct income tax at one per cent. on the gross amount of sales or services facilitated through their digital platform at credit or payment, treating direct payments by purchasers as deemed payments by the operator. An exemption in sub section (2) excludes individuals and HUFs below the prescribed gross turnover threshold who furnish PAN or Aadhaar. Sub section (3) prevents further TDS on transactions covered by this section, except amounts received for advertising or unrelated services. Definitions for electronic commerce, e commerce operator, e commerce participant and services are included.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
AI OCR ✕
of 
TaxTMI 
TaxTMI 
