TDS on E-Commerce Sellers|How to Check, Claim & Get Refund of TDS u/s 194-O|Understand TDS U/s 194-O

#tds194O #tdsonecommerce #gettdsrefund194O #tds #cadeveshthakur

Dear Viewers,

In this video, we have discussed the latest TDS Section 194-O which is inserted via the Finance Act 2020.
We have discussed the Background of Section 194-O i.e. TDS on E-Commerce Transactions/ E-Commerce Participants. The effective date of Section 194-O is 1st October 2020.
This section is applicable to all the online sellers who are using any digital platform for doing a business transaction that is provided by the e-commerce operator like Amazon, Paytm, Flipkart, Limeroad, Pepperfry, etc.
When will the TDS be deducted u/s 194-O i.e. the time of deduction of TDS?
We have explained the concept of TDS on e-commerce transactions through detailed examples and the concept of TCS in GST vs TDS in case of online selling.
TDS u/s 194-O is to be deducted on Gross sales*. What will be the proof of TDS deducted u/s 194-O and how can the seller claim credit or refund for the TDS deducted i.e. Refund of TDS u/s 194-O.
Linking of PAN with Aadhaar is a mandatory condition in case of Individual and the concept of Lower/ NIL TDS certificate.


Time Slots:
00:00 to 05:11 [Introduction about the Content]
05:12 to 08:13 [Background of Section 194-O]
08:14 to 08:57 [Time of deduction]
08:58 to 12:10 [Exception to TDS u/s 194O]
12:11 to 32:46 [What does TDS on E-Commerce transaction mean?]
Understand the Concept with Detailed Example
Concept of TCS vs TDS
32:47 to 34:00 [What is TDS %]
34:01 to 34:14 [Effective date of 194-O]
34:15 to 35:55 [TDS on Gross Sales*]
35:56 to 37:57 [Proof of TDS]
37:58 to 39:20 [How can the seller claim credit or refund for the TDS deducted]
39:21 to 41:00 [Linking of PAN with Aadhaar mandatory for Individuals and How to link]
41:01 to 44:05 [Concept of Lowe TDS Certificate]

Other related videos (Income Tax)
Changes in ITR-6 AY 2020-21: https://youtu.be/4CxBnB5PiY8
Details of Equity share & MF (LTCG): https://youtu.be/nrVHGmyJFIo
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How to File ITR-1 with Form 16 AY 2020-21: https://youtu.be/H0TH4ZVSev0
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How to file ITR 4 for AY 2020 21: https://youtu.be/nQ2sK0GxeUM
Reliefs & Rebates in Income Tax : https://youtu.be/widMOzujE40
All About Advance Tax: https://youtu.be/_MUvy8Afz5U
ITR-V vs ITR Acknowledgement:https://youtu.be/KW89fjp7l9o
Income Tax Calculation FY 2019-20: https://youtu.be/n_0GWdEwk1A
How to Link Aadhaar with PAN without login: https://youtu.be/Ho9ZWYLcojo
How to pay Income Tax Challan Offline: https://youtu.be/CW_cEESBNKM
ITR-V received after due date: https://youtu.be/Ah3pbl055EU

Other related Video for Online sellers
Lower TDS Deduction Certificate Pepperfry: https://youtu.be/ipVHZuGdBv8
TCS in GST for E-Commerce: https://youtu.be/z746fretODw
Accounting for E-Commerce: https://youtu.be/Fr8DLipww8M
How to file GSTR-3B: https://youtu.be/jztOPcyIQpc
How to file ITR-1 AY 2020-21: https://youtu.be/H0TH4ZVSev0
File Nil GST Return through SMS: https://youtu.be/aVNJnc2-vfg
How to File ITR-4 AY 2020-21: https://youtu.be/nQ2sK0GxeUM
New TDS rates from 14th May 2020: https://youtu.be/rsD7gC6zrUI
TDS Section 194C (TDS on contractor/sub-contractor): https://youtu.be/aM8_Z8_NKR8
TDS on PayPal Invoice: https://youtu.be/1iEjbAjEv2o
TDS section 194O: https://youtu.be/ESwDkkpO1OA
How to calculate TDS on Flipkart commission: https://youtu.be/s5OpYRYgEGY
Section 194H (TDS on commission): https://youtu.be/1J5071d5wTw
Amazon TDS claim status: https://youtu.be/HNerkGPyFcc
How to pay TDS Challan: https://youtu.be/lq43Q63OEtw
Selling on Pepperfry: https://youtu.be/cggTagb4CuE
Selling on Limeroad: https://youtu.be/m6mEWhCI_uY
Selling on Amazon: https://youtu.be/uD40OHTDlSU
Advance Tax: https://youtu.be/_MUvy8Afz5U
Selling on Flipkart: https://youtu.be/wOPJ_-DjHiY
How to claim TCS Credit: https://youtu.be/2hmRb9JxDbk
Online seller Exporting Goods: https://youtu.be/mhfcKMoZbY0
Revocation of Cancelled Registration: https://youtu.be/0nFT-t9qLpk
GSTR-2B Auto-drafted (ITC)Statment: https://youtu.be/-eQUmgt8plo

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