Amendment of Act 28 of 2016.

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.... section 163, in sub-section (3), the following proviso shall be inserted, namely:-- "Provided that the consideration received or receivable for specified services and for e-commerce supply or services shall not include the consideration, which are taxable as royalty or fees for technical services in India under the Income-tax Act, read with the agreement notified by the Central Governmen....

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.... 'section,-- (a) "specified circumstances" mean--'; (B) after clause (a) as so amended, the following clause shall be inserted, namely:-- "(b) consideration received or receivable from e-commerce supply or services shall include-- (i) consideration for sale of goods irrespective of whether the e-commerce operator owns the goods; (ii) consideration for ....

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....h the agreement notified by the Central Government under section 90 or section 90A of the said Act. It is further proposed to insert an Explanation in clause (cb) of section 164 of the said Act to provide that for the purpose of defining e-commerce supply or service, "online sale of goods" and "online provision of services" shall include one or more of the following online activities, namely:--....

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.... the Finance Act, 2016 relating to exemption from wealth-tax in respect of assets specified in declaration. The said section, inter alia, provides that any excess amount of tax, surcharge or penalty paid in pursuance of a declaration made under the Income Declaration Scheme, 2016 shall not be refundable. The proviso to the said section provides that the Central Government may, by notification, ....