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Q.

What exactly is Revenue service?

Asked by jameel ahmed, 09 Jul '10 05:46 pm
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Answers (4)

 
1.

In business, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. In many countries, such as the United Kingdom, revenue is referred to as turnover. Some companies receive revenue from interest, dividends or royalties paid to them by other companies. Revenue may refer to business income in general, or it may refer to the amount, in a monetary unit, received during a period of time, as in "Last year, Company X had revenue of $32 million."

Profits or net income generally imply total revenue minus total expenses in a given period. In accounting, revenue is often referred to as the "top line" due to its position on the income statement at the very top. This is to be contrasted with the "bottom line" which denotes net income.
Answered by mohd yousuf, 12 Jul '10 05:29 pm

 
  
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2.

Through indian revenu services(irs) the selected candidates are posted in mostly as a department's secretery in diffrent revenue departments of government of india.at both central n state level.
Answered by suniltiwari, 09 Jul '10 05:57 pm

 
  
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3.

Through Indian Revenue Service the chosen candidates are posted in Tax departments... IT/Customs/Excise, etc.
Answered by Aditya Misra, 09 Jul '10 05:50 pm

 
  
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4.

Revenue could be recognized when a deal is signed, when the money is received, when the services are provided, or at other times.!!
Answered by Oberoi, 09 Jul '10 05:50 pm

 
  
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