The Tax, Tariff and Regulatory Affairs Committee at AMCHAM made a representation to the Chairman of the Central Board of Direct Taxes (CBDT) on 13th July 2022, seeking clarification on complying with provisions of Section 194Q and 206C(1H) of the Income tax Act, 1961 (‘Act’). Finance Act, 2021 introduced provisions relating to TDS on purchase of goods under Section 194Q to cover those transactions which were left uncovered by section 206C(1H) of the Act. With the Contradictions on provision for deduction/collection of TDS/TCS on purchase/sale of goods we requested that only one provision be kept i.e., either 194Q or 206C(1H). The scope of the chosen provision can be widened to achieve the GOI objectives for tracking the transaction