Tds u/s 194 q

This query is : Resolved 

05 July 2021 Sir,
If suppose both the buyer and seller having a turnover of Rs 10 crore in preceding financial year .what will happen in that case.both tds and tcs will apply or only tds to be deducted

Pls

Regards

05 July 2021 TDS u/s 194Q would prevail over TCS u/s 206C(1H)



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