what is the difference between direct income and indirect
income. pleases explain with example.

Answer Posted / ravindra

if the income is related to the nature of the business then
it will be treated as irect income if the income is not
related to the nature of the business they are doing or
registered then it would be treated as indirect income.

Is This Answer Correct ?    18 Yes 6 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

How do you handle lack of direction or working in chaos

1574


What is TDS entry for a Firm? as previous years TDS is shown as opening balance in the books of the firm in current year and i don,t want in C.Y as its claimed in the Computation of Previous Years???? So what is the A/C ing entry

1579


All shot cut key use in the tally software & it's uses

1614


WHAT IS LIMITED REVIEW? WHY IT IS REQUIRE?

1668


what can increase gearing?

1981






We are working as Merchant Exporter. My Question is can we Sale the products against 'H' Form to the Exporter after purchasing the material against 'C' Form? Or only Manufacturer can make sale against 'H' Form.

1603


How does the accounting treatment of a partner's salary differ from that of an employee's salary in a partnership?

1724


what do you mean by accounting?Explain the various concepts of accounting and the need for having accounting standards?

1677


Why closing stock appears both in trading and Balance sheet? Why does it doesnot appear in trail balance.

1852


Difference between cash and merchantile system?

1825


differed tax liability

1469


explain about mergers & aquisitions? asked on 30/7/09

1732


what is organic profit? and how it is calculated?

1804


What are Mortgage Payment Problems?

1513


WHAT IS THE DIFFERENCE BETWEEN PUBLIC COMPANY AND PRIVATE COMPANY? MUTUAL FUNDS? GOOD WILL? ABOUT YOUR PROJECTS?

1635