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<h1>Form No. 1 under Equalisation Levy Rules, 2016 for e-commerce and specified services: key filing and verification requirements</h1> Form No. 1 under the Equalisation Levy Rules, 2016 prescribes the statutory statement to be filed by an assessee or e-commerce operator in respect of specified services or e-commerce supplies liable to equalisation levy under Chapter VIII of the Finance Act, 2016. It captures identity details (name, address, PAN/Aadhaar, ward/circle/range, financial year), total consideration for specified services or e-commerce supplies, equalisation levy computed, levy deducted, levy paid, balance payable or refundable, and interest payable/paid. Part B requires transaction-wise or quarter-wise particulars of amounts, levy, interest, penalties, challan details, and BSR codes. The statement must be verified by an authorised person competent under the Income-tax Act.