https://www.taxtmi.com/acts?id=38317 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. en-us Sat, 01 Feb 2020 17:11:17 +0530 Sat, 01 Feb 2020 17:11:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=38317 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. Act-Rules Bill Sat, 01 Feb 2020 17:11:17 +0530 https://www.taxtmi.com/acts?id=38317