https://www.taxtmi.com/acts?id=39726 Amendments to the Finance Act, 2016 clarify that consideration for specified services and e commerce supplies excludes amounts taxable as royalty or fees for technical services under the Income tax Act and bilateral agreements; they broaden the definition of online sale of goods and online provision of services to include offer, order, payment and supply activities; and they treat e commerce consideration as including sales and services irrespective of operator ownership or facilitation while excluding amounts effectively connected to an Indian resident or Indian permanent establishment of a non resident. Section 191 is amended to make certain refundable amounts payable without interest. en-us Tue, 30 Mar 2021 16:07:33 +0530 Tue, 30 Mar 2021 16:07:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=39726 Amendments to the Finance Act, 2016 clarify that consideration for specified services and e commerce supplies excludes amounts taxable as royalty or fees for technical services under the Income tax Act and bilateral agreements; they broaden the definition of online sale of goods and online provision of services to include offer, order, payment and supply activities; and they treat e commerce consideration as including sales and services irrespective of operator ownership or facilitation while excluding amounts effectively connected to an Indian resident or Indian permanent establishment of a non resident. Section 191 is amended to make certain refundable amounts payable without interest. Act-Rules F. Acts / Amendment Acts Tue, 30 Mar 2021 16:07:33 +0530 https://www.taxtmi.com/acts?id=39726