what is direct incom




Answers were Sorted based on User's Feedback



what is direct incom..

Answer / 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

what is direct incom..

Answer / prasanna kumara d s

as per income tax Salary is considered as direct income

Is This Answer Correct ?    4 Yes 1 No

what is direct incom..

Answer / ravipolina

the income which is derived from the business will be
treated as direct income as according to income tax
slab (or) flat rates

Is This Answer Correct ?    3 Yes 2 No




what is direct incom..

Answer / vandana

For Organisation : Income dervied by doing day to dat
businees (buying & selling of goods)

For Individual:Income derived in form of salary , commision

Is This Answer Correct ?    1 Yes 0 No

what is direct incom..

Answer / mahesh

those income, any person direct work those place or side
that time earn income it means direct income

Is This Answer Correct ?    0 Yes 0 No

what is direct incom..

Answer / saikrishna

salery rent fixedcomission are direct income

Is This Answer Correct ?    1 Yes 2 No

what is direct incom..

Answer / rajthilak

we selling goods or meterial

Is This Answer Correct ?    0 Yes 2 No

Post New Answer



More Taxation Interview Questions

HOW TO CALCULATE MY EPF INTEREST? IF I HAVE JOINED TO A COMPANY ON 1ST FEB'08'& RESIGNED ON 31ST DEC'09', THEN WHAT WOULD BE MY EPF INTEREST? MY BASIC IS RS.7500/-PER MONTH? STATE BRIEFLY

4 Answers   Reliance, Khalsa Tubes,


Wether TDS is deducted if its jobwork and VAT is charged on that

1 Answers  


If any payment made for purchase of computer parts (mother board , ram, monitor)say 1/100 of monthly income (if income is 1000 & expences is rs.10) than whether it is computer expence (revenue expenditure) or computer (capital expenditure). Kindly specify in detail

1 Answers  


SELLER A : has a w/house in chennai and bangalore both and the BUYER B is based in chennai. SELLER A carries stock in both the locations. Can BUYER B buy who is based in Chennai request purchase from Bangalore through C-form .. and if so will there be any obligation on the Seller A

0 Answers   IR,


What doyou mean by assesment order? and for what purpose it will be passed?

0 Answers  






what is cess?

1 Answers  


which book is best for VAT ( gujarat ) & TDS

0 Answers  


How can the management breakup the salary of employee(if salary Rs.10000/-) which % they calculate the Basic,T.A,D.A,H.RA.and e.t.c.

0 Answers   GRL,


Whether TDS to be deducted before service tax or not?

10 Answers  


what is vat?

9 Answers   HCL,


how much tax would be deducted and interest can be gained on 15 lakhs by senior citizen?

1 Answers   IBM,


Haii My daily wage is 500. And the minimum working days will be 23 in a month. How can i calculate my pf and esi

1 Answers   Banking,






Categories