https://www.taxtmi.com/acts?id=38730 A withholding regime requires the e-commerce operator to deduct income-tax at source on the gross amount of sales or services facilitated through its digital platform at the time of credit or payment; purchaser payments directly to participants are deemed to be amounts paid by the operator. Resident individuals and HUFs below a prescribed turnover threshold who furnish PAN or Aadhaar are exempt. Transactions with deduction under this section are not subject to other TDS provisions except amounts for advertising or unrelated services. The Board may issue binding guidelines, and definitions specify operator, participant and electronic commerce. en-us Sat, 28 Mar 2020 10:49:08 +0530 Sat, 28 Mar 2020 10:49:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=38730 A withholding regime requires the e-commerce operator to deduct income-tax at source on the gross amount of sales or services facilitated through its digital platform at the time of credit or payment; purchaser payments directly to participants are deemed to be amounts paid by the operator. Resident individuals and HUFs below a prescribed turnover threshold who furnish PAN or Aadhaar are exempt. Transactions with deduction under this section are not subject to other TDS provisions except amounts for advertising or unrelated services. The Board may issue binding guidelines, and definitions specify operator, participant and electronic commerce. Act-Rules F. Acts / Amendment Acts Sat, 28 Mar 2020 10:49:08 +0530 https://www.taxtmi.com/acts?id=38730