Question

What do you mean by indirect income?​

Answer 1

Answer:

Direct income is one which is earned directly by way of business activities. Example: Salaried, Professionals. Indirect income is one which is earned by way of non-business activities. For example, sale of old newspapers, sale of carton boxes, etc. Example: Sale of Fixed Asset

Answer 2

Explanation:

Indirect income is one which is earned by way of non-business activities. For example, sale of old newspapers, sale of carton boxes, etc. Example: Sale of Fixed Asset. Coming to Expenses: Direct as the word suggests are those expenses which are completely related or assigned to the core business operations.