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what is the difference between direct income and indirect
income. pleases explain with example.
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Answer Posted / padma
The classification of direct incomes & indirect incomes is
based on the nature of the business. If the incomes are
directly connected with the business, then it is termed as
direct incomes. For example all fees collections are direct
income for an Educational Institution. Similarly if the
incomes are not directly connected with the business, then
it is termed as indirect incomes. For examples interest
from deposits etc...
| Is This Answer Correct ? | 26 Yes | 13 No |
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