Hi guys 👋 in this blog let's see about the E-Commerce operator provisions. 
E-Commerce operator to e commerce participant provisions applicable for E-Commerce operator facilitating digital or electronic facility or platform provision is applicable for sale of goosebore provision of service their holder limit uplicable for individual for 50 lakh provider provided the furnished Pan or other rate of detection 1 percentage of cross amount paid or payable however participant fails to provide Pan then deduction is 5% under section 2 not 6 direction shall be made at the time of credit to the participant or payment the term gross amount will also include all payment made to The E-Commerce participant by the operator even direct sale facilitated by the operator shall be included this is properly known as deemed credit on the question whether the payment gateway operator has to detect tax in case of transaction taking through a digital platform it has been clarified where the payment gateway provided gets an undertaking from the operator that tax has been detected at the source then they are not liable to detect again section 194 deduction of tax by a specified Bank in case of specified senior citizen finance act 2021 has given exemption to certain specified senior citizen from filling of returns this section is introduced for the purpose of full filling the exemption provided specified Bank a bank company which is scheduled bank and has been appointed as agent of Reserve Bank of India under section 45 of The Reserve Bank resident of India whose of the age of 75 years or more having pension income and interest income from the same specified bank and financial sir declaration in the prescribe Reform is known as specify the senior citizen the bank shall computer the total income of the specified senior citizen after providing for chapter reduction and rebate under section 87a is known as role of specified bank role of deduction is the tax computer on the total income shall be deducted by the specified Bank thanks collection at source means the cellar or receiver apart from receiving the consideration also collect and tax and remit set into the buyer account in the name of the buyer or prayer and the section 2 not 6 seller of certain goods or required to collect tax from the buyer at the specified rate the specified percentage for collection of tax at sources as follows alcoholic liquor for human consumption is one percentage of TCS Timber obtained under forest 2.5% 
Thank you 😁 
Keep supporting!!!
Meet you soon with another blog!