fee paid to Lawyer engaged by a firm will be included in national income or not? I have seen that your expert has answered the question two years back that it will be included being a factor income but in books like Sandeep Garg and one more question Bank, it is considered by them as intermediate expenditure and hence will not be included.
likewise chartered accountant engaged will also be considered Intermediate consumption? please clarify
Sonakshi,
Refer to the following link to view the answer.
https://www.meritnation.com/ask-answer/question/payment-of-fees-to-lawyer-by-firm-is-not-included-then-why-s/national-income-accounting/10194883
Refer to the following link to view the answer.
https://www.meritnation.com/ask-answer/question/payment-of-fees-to-lawyer-by-firm-is-not-included-then-why-s/national-income-accounting/10194883