Examine and state the correctness or otherwise of each of the following statements in the context of provisions contained under the Income-tax Act, 1961 by giving brief reasons/contents : (ii) Business transaction done t

CS Professional · Direct Tax Law & Practice · PYQS · December 2019
Examine and state the correctness or otherwise of each of the following statements in the context of provisions contained under the Income-tax Act, 1961 by giving brief reasons/contents : (ii) Business transaction done through e-commerce is not different from the modes of business transaction carried out through traditional means.

Answer & Explanation:

Incorrect: There are three means/methods of doing the business through e-commerce: Electronic advertising Electronic Sales Electronic delivery

Topics: International Taxation

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