what do we mean by
1)NON OPERATING INCOME and OPERATING INCOME
2)NON OPERATING EXPENSES and OPERATING EXPENSES
pl pl can any one explain these 4 terms with examples. i always get confused with them. pl pl
Menu
Pl explain me this
Replies (6)
Non Operating Income is income arising from transactions not related to the normal business activities. Eg: Rent earned by a Cloth Trading Company. since renting of property is not its normal business
Operating income is the one that arises from the dily business of the company. eg. income from sale of cloth
Non Op. expenses are those which are not related to the daily business. and op expenses are those related to the daily business. eg. salary, electricity bills etc
thank u so much ankit.
you are welcome...if you have any other queries..feel free to ask
tips for accounts ca final??
but which topic??
How to Deducted TDS TCS
pl can any one explain these 2 terms with examples. i always get confused with them. pl pl
Recent Topic
- INCOME FROM CLOSING OF NSS -1992 -EXEMPT UNDER W
- GPF AND COMMUTED PENSION RECEIVED
- How do I choose the correct trademark class? Can I
- Error in totalling salary amount in AIS
- Client consent under DPDPA: Is client sharing PAN,
- TDS MISMATCH
- Rebate on other income even if LTCG is above my 12
- Need CA to certify shareholding pattern.
- Ltcg savings
- Please share the roc and income tax compliance fo
Related Topics
CAclubindia
