CAclubindia Articles

TDS on E-commerce Operator (including Practical Case Studies)

Posted by CA.R.S.KALRA 30 May 2024 9882 Views

Any person, being an e-commerce operator facilitating the sale of goods or services of an e-commerce participant through its digital or electronic facility or platform is responsible to deduct TDS u/s 194O.

Section 194O- TDS on payment by e-commerce operator to e-commerce participant

Posted by CA Mayur Todmal 30 May 2024 9971 Views

TDS u/s 194-O is to be paid by an e-commerce operator for sale of goods or provision of service facilitated by it through electronic facility or platform. TDS u/s 194O is paid @ 1% at the time of credit of amount of sale or service or both to the account of e-commerce participant or at the time of payment thereof to such participant by any mode, whichever is earlier.

TDS Impact on E-Commerce Transactions

Posted by Kishan Mer 30 May 2024 22982 Views

Finance Bill, 2020 proposed to Insert sec 194-O, where E-commerce Operator ("Operator") liable to deduct TDS from payment made to E-commerce participant ("Participant") in respect of sale of goods or services or both facilitated by operator through its digital or electronic platform, at rate of 1%, at time of credit or payment w. e. earlier.

TDS Section 194O | TDS on e-commerce operator

Posted by CA Chandra Kishore Bajpai 30 May 2024 5094 Views

TDS Section 194O | TDS on e-commerce operator

Responding to ITC Alerts: Rule 88D

Posted by CA Anoop Kumar Sharma 30 May 2024 2074 Views

After notification No. S.No.851 [No.38/2023-Central Tax] Dated August 4, 2023, CGST Rule 88D was amended and a mechanism was outlined for system-based notification in the cases where the excess ITC claimed in GSTR-3B was compared to that shown in GSTR-2B.

Know How to Surrender or Cancel Your TAN Number

Posted by Ishita Ramani 30 May 2024 2860 Views

Here we will delve into the procedure of surrendering a TAN number online and understand how to cancel a TAN application.

Big reminder from Income Tax department

Posted by Mitali 29 May 2024 3299 Views

Income Tax Department has issued reminder for taxpayers and the same has also been shared on X (formerly Twitter).

All About Form 10BD under Income Tax Act

Posted by Poojitha Raam Vinay

29 May 2024 1075 Views

Finance Act 2021 introduced an amendment where the trusts had to file a statement of donations received in each financial year as per section 80G(5)(viii) and as per section 35(1A)(i).

How Can I Apply for a Voter ID Card for the First Time?

Posted by Priya Mulukutla 29 May 2024 772 Views

Voter ID card is an identification document issued by the Election Commission of India to eligible citizens, allowing them to vote in elections. Check out how to Apply for a Voter ID Card if you are applying for the first time?