Who is liable to TDS on transfer of a virtual digital assets under section 194-S?

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.... Section 194S. The person responsible for the deduction of tax under different circumstances shall be as follows: (a) Where the buyer and seller of virtual digital asset know each other in an over-the-counter (OTC) deal, the buyer shall deduct tax at source. (b) In case of exchange of VDAs, both payer and payee may be liable to deduct tax at source as the transfer of VDA happens from both sides.....