I am paying my agents some commission for selling financial products. Those commission we are adding to some virtual account / wallet which is closed in the company network ( or you can say wallet is the place they can see all the transactions )
They can also use the wallet money to buy any course or any other service from us. And they can also transfer the money to their bank account.
Now, We have to deduct the TDS of 5% let's say.
Question: Should the TDS be deducted on the amount tranfered to Bank account or on the complete earning of commission before he used that money to buy course from us.
CAclubindia
