Accounting treatment for making payment to the freelancer

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

30 October 2017 Dear Sir,

A "X" Pvt Ltd company depositing fund to a website " www.contentmart.com" for making payment to a freelancer, who is writing article for the X ltd. co. Contentmart will charge commission to the X ltd Co. for using the website to get the freelancers and making payment them through it's websites.

So, what will be the accounting entry in the books of X ltd and whether the Gst, Tds apply here , if yes then how ????

Please give response as early as possible .

Thanks

RAJA P M

RAJA P M (Expert)
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30 October 2017 You pay to the website or to Freelancer...?

Querist : Anonymous

Querist : Anonymous (Querist)

31 October 2017 I paying to the Website for my making payment to freelancer from the deposited fund.

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