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FAQ on e-Dispute Resolution Committee and Form 34BC (No. of topics: 40)

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How to deal with a transaction which is covered both under section 194Q as well as section 206C(1H)?

FAQs on TDS or TCS on sale or purchase of goods

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TDS under Section 194Q takes priority; if buyer deducts tax, seller need not collect under 206C(1H). When a sale of goods triggers both Section 194Q and Section 206C(1H), the buyer must first deduct tax under Section 194Q, and if the buyer does so the seller has no obligation to collect tax under Section 206C(1H).

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Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.

Provisions expressly mentioned in the judgment/order text.

TDS under Section 194Q takes priority; if buyer deducts tax, seller need not collect under 206C(1H).

When a sale of goods triggers both Section 194Q and Section 206C(1H), the buyer must first deduct tax under Section 194Q, and if the buyer does so the seller has no obligation to collect tax under Section 206C(1H).

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How to deal with a transaction which is covered both under section 194Q as well as section 206C(1H)?

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TDS under Section 194Q takes priority; if buyer deducts tax, seller need not collect under 206C(1H).

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