E-commerce cos face tax heat as I-T dept says discounts should be treated as capital spend

MUMBAI: E-commerce giants such as Flipkart and Amazon have appealed against an income tax order of last year which if implemented would force them to pay tax at a time when they are engaged in a do-or-die battle for market share in India. Read more here: E-commerce cos face tax heat as I-T dept says discounts should be treated as capital spend
Read More Here: E-commerce cos face tax heat as I-T dept says discounts should be treated as capital spend