Tax deduction priority: where both provisions overlap, withhold under the online seller provision instead of the purchase provision. When a transaction is covered both under Section 194-O and Section 194Q, the tax is required to be deducted under Section 194-O and not under Section ... Summary
Tax deduction priority: where both provisions overlap, withhold under the online seller provision instead of the purchase provision.
When a transaction is covered both under Section 194-O and Section 194Q, the tax is required to be deducted under Section 194-O and not under Section 194Q, as stated in the FAQs on TDS/TCS for sale or purchase of goods.
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