Latest 29th Dec 2023 Current Affairs News for Exam Prep

Practice Mode:
5.

What is the main requirement of Section 194-O of the Income Tax Act for e-commerce companies?

A: 2% Tax Deduction at Source (TDS) on payments
B: 1% Tax Deduction at Source (TDS) on payments
C: No Tax Deduction at Source (TDS) on payments
D: 5% Tax Deduction at Source (TDS) on payments

The answer is: B