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Equalisation Levy

Equalisation Levy & TDS On E-Commerce Transactions

Finance Act, 2016- Equalisation Levy- CHAPTER VIII- Section 163 to 172 deals with Equalisation levy definition, interest, penalty, filing of the annual statement, the penalty for failure to furnish statements. Equalisation Levy Considering the potential of new digital economy and the rapidly evolving nature of business operations and to address these challenges, the Finance Act 2016 has inserted a section, called section 165, to provide for an equalisation levy of… Read More »Equalisation Levy & TDS On E-Commerce Transactions