https://www.taxtmi.com/forum/issue?id=114401 An equalization levy applies to payments to non-residents for online advertising services and related digital advertising facilities, subject to a de minimis exemption for small annual payments. The payer must deduct the levy at source, deposit the tax on a monthly basis within the prescribed period, and file an annual statement with provisions for revision, processing, intimations, rectification, and timelines. Interest and specified penalties apply for non-deduction, late deposit, and non-filing, with relief where reasonable cause is shown and statutory appeal rights against penalty orders. en-us Fri, 14 Dec 2018 13:19:42 +0530 Thu, 23 Jan 2025 15:55:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=114401 An equalization levy applies to payments to non-residents for online advertising services and related digital advertising facilities, subject to a de minimis exemption for small annual payments. The payer must deduct the levy at source, deposit the tax on a monthly basis within the prescribed period, and file an annual statement with provisions for revision, processing, intimations, rectification, and timelines. Interest and specified penalties apply for non-deduction, late deposit, and non-filing, with relief where reasonable cause is shown and statutory appeal rights against penalty orders. Discussion-Forum Income Tax Fri, 14 Dec 2018 13:19:42 +0530 https://www.taxtmi.com/forum/issue?id=114401