UPSC Civil Services 2018 Prelims General Studies Paper I
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Question : 31 of 100
Marks:
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With reference to India's decision to levy an equalization tax of 6 % on online advertisement services offered by non- resident entities, which of the following statements is/are correct?
1. It is introduced as a part of the Income Tax Act.
2 Non-resident entities that offer advertisement services in India can claim a tax credit in their home country under the "Double Taxation Avoidance Agreements".
Select the correct answer using the code given below:
1. It is introduced as a part of the Income Tax Act.
2 Non-resident entities that offer advertisement services in India can claim a tax credit in their home country under the "Double Taxation Avoidance Agreements".
Select the correct answer using the code given below:
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