what is direct incom

Answer Posted / shiwani vaishnav

Direct Income are those income which we get from purchases
etc, e.g Discount received.

Is This Answer Correct ?    5 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

which items should be covered the Entry Tax by HP Govt instead of Purchased

1435


what is the entry tax explain briefly?

1713


In our bodyshop wct tax is 13.05% on the whole Labour charges( including opening fitting ,repairing ,painting. Is this justified?

1223


WHETHER VAT IS APPLICABLE IN FIRMER TRACTORS ? WHETHER VAT IS APPLICABLE IN NORMAL TRACTORS ? PLEASE NOTE THAT I HAVE PURCHASED IT BY PAYING VAT.

1825


if i am running a tank lorry and the income of the tank lorry comes under haryana VAT 2003?

1010






What is US Tax Accounts? Can I get any information where from I take full knowledge about US Taxation?

1744


Provision for Service tax, Income tax and Sales tax

1676


Central purchase is eligible for issuance of H form. Whetther H form can be issued against local purcahse also? What I came to know is : earlier H form can be issued against central purchase only, but after intoduction of VAT, department issued notification regarding issuance of H form against LOCAL PURCHASE also. Is it true? If true then please tell me about notification/ circular/ relevant section or law. Please look into the matter. Thanx n Regards

1619


If a person have been appointed as a Director in more than one company, what is the rule of paying Prof. tax ? Is Directors prof .Tax has to be paid by all the Companies whre he is a director.?

1268


Explain deferred tax asset?

880


Can we pay advance salary to a single employee in cash of an amount exceeding 10,000?

1040


what is deemed sales? how to calculated

1762


Can we get excise and VAT credit form staff welfare goods like shoes, uniform, goggles etc.?

2209


kindly advise me any set off in excise duty in maharashtra

1234


calculation of Tds on subcontractor

1873