Friday, 1 September 2017
E-commerce cos face tax heat as I-T dept says discounts should be treated as capital spend
MUMBAI: E-commerce giants such as Flipkart and Amazon have appealed against an income tax order of last year which if implemented would force them to pay tax at a time when they are engaged in a do-or-die battle for market share in India.
You can read more here: E-commerce cos face tax heat as I-T dept says discounts should be treated as capital spend
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