The Tax, Tariff and Regulatory Affairs Committee at AMCHAM made a representation to the Chairman of the Central Board of Direct Taxes (CBDT) on 30th June 2021, with a request for deferral of Sections 194Q, 206AB and 206CCA of the Income-tax Act, 1961. Considering the several concerns highlighted in the representation and in view of the substantial time and effort that would be required to build technical systems and processes to comply with the new requirements, it is humbly requested that the provisions of Section 194Q, Section 206AB and Section 206CCA of the Act are deferred to April 1, 2022