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Two Days From Deadline, Ecommerce Cos Struggle To Comply With Tax Rule

Two Days From Deadline, Ecommerce Cos Struggle To Comply With Tax Rule

Ecommerce companies are required to deduct tax at source on all payments made to their sellers

Implementation of the rule was put off repeatedly and came into effect from October 1

Companies have to deposit tax collected in last month to the center by November 10

Author

Team Inc42

Inc42 Staff

Inc42 is a leading Indian media and information platform, known for its end-to-end coverage of the Indian startup ecosystem. Starting 5 years ago, Inc42 has now become the gateway to the Indian startup ecosystem, having published more than 20,000 stories and touching the lives of more than 20 Million people in India every month.

https://inc42.com/buzz/cci-rejects-price-fixing-allegations-against-cab-aggregators-ola-and-uber/
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