Ecommerce firms in a fix as tax collected at source deadline nears
With barely two days to go, India’s ecommerce sector is struggling to comply with the directive to deduct tax at source on all payments made to their sellers and deposit it with the government. This is because a number of them have not been able to register for collections of tax at source (TCS) as some states are insisting that ecommerce companies have a brick and mortar office within their juris…