Question

any 3 precautions of income methods??

Answer 1

Heya....

Precautions regarding income methods are.....

* Transfer earnings like old age pension, pocket expenses is not to be counted...

* Income from illegal activities line robbery is must not to be counted....

* Income in terms of windfall like lottery not to be added...

* Commission payed on sale and purchase of second hand good is to be counted...

Answer 2

Precautions regarding income method are as follows :

1. Uneven income like those from the lottery sources are not a matter to be counted.

2. Illegal income from criminal activities like of robbery should not be counted.

3. Transfer earning like from pension is not a matter to be counted.