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Tds u/s 194 q

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(Querist)
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

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CMA Poornima Madhava

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

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