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Regarding tds on scrap

This query is : Resolved 

06 July 2022 Mr. A sale scrap to Mr. B who use these scrap for manufacturing process and provide Form-27c to Mr. A. In these case Mr. A not liable to collect tcs under section 206CE then Mr. B (buyer) is liable to deduct tds under section 94Q if purchase from Mr. A is more than 50lakhs or not ?

07 July 2022 Yes, both the sections are independent, if Mr. B qualifies for deduction u/s. 194Q.



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