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

Answer Posted / amit chandra

Direct Income:- The Income gained or earned directly in any
economic activity either in business or any job
or
The incom gained or earned directly which is the business
activities and realted to economy
e.g. salary
of a slaried person or profit earned on yhe sale of a
product and sale of plots and flates.

Indirect Icome:- The incom earned by other sources which is
our direct incom.
The extra income earned, may or may not
belong to any business activity
e.g interest recieved on a
fixed deposit of capital, recieving discount,profit earned
by the sale of outside assets which is not related to the
business activities

Is This Answer Correct ?    26 Yes 17 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Which Exchange determine Foreign ?

1588


what is sevice tax? on what service tax is applicable. explain with examples?

1602


what is purchase tax in rajasthan.

1576


Expand---------DBPC

1687


How and by whom the Percentage of Depreciation is fixing?

1958






What is Summarising

1861


Upto what age PF will be deducted for an employee? And what age he is eligible to gratuity?

1443


Can anybody send me Interview questions & Answers to me IN Accounts & finance my Mail ID - virupaksha_krt@rediffmail.com

1566


Respective sir I'm bcom 1st sem student. I have very interest in banking sector. I finished my pu with 88% how I can prepare for banking exam (especially po)yet I have no any practice but I hope if I get good guidance I can pass my banking exam so kindly inform me how I can prepare for po exams. My email address is- 98anjuma@gmail.com. I'm really counting second when I will get ans by u. Thank you sir

1395


What will be the consequences if the partnership is not registered

1488


Have you worked with other on team endeavors

1540


Dear all, Could you suggest me that if got a job in a/cs in Big org but on payroll of Outsourcing company,What should to prefer the company payroll or job the ?

1623


What is mean by Reserve on Consolidation?

27009


Aravinda Financiers sanctioned a loan of Rs 250000. A cheque was sent after adjusting processing charges Rs 247250 Pass necessary entry

1498


what is difference between account and accounting

1309