Mr. Mohit, a resident individual, starts a new business on 01-11-2023 for sale of designer suits. He obtained a valid PAN in his name and registers…

Mr. Mohit, a resident individual, starts a new business on 01-11-2023 for sale of designer suits. He obtained a valid PAN in his name and registers himself on Fine.com (a Country M based website), an e-commerce operator, for sale of his products in India. Mr. Mohit sold goods worth 80 lakhs through Fine.com upto 31-03-2024. E-commerce operator credited 35 lakhs on 31.12.2023, 12 lakhs on 1.1.2024 and 18 lakhs on 28.2.2024 payable to Mr. Mohit in its books of accounts. These amounts were paid to Mr. Mohit on 15.3.2024 after deducting a commission of 10% on gross sale proceeds. On 31.3.2024, remaining amount of 15,00,000 were directly credited in Mr. Mohit bank account by the buyers. Who is liable to deduct tax at source on the above transactions? When and what amount of tax is deductible?