5.
What is the main requirement of Section 194-O of the Income Tax Act for e-commerce companies?
A:
2% Tax Deduction at Source (TDS) on payments
B:
1% Tax Deduction at Source (TDS) on payments
C:
No Tax Deduction at Source (TDS) on payments
D:
5% Tax Deduction at Source (TDS) on payments
The answer is:
B