Interview question

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

19 February 2013 what is the difference between conveyance charges and travelling expense.

what is the difference between shares and mutual funds

with regards,
bhaskar reddy.

CA Suraj Lakhotia

CA Suraj Lakhotia (Expert)
Follow

19 February 2013 Generally Understood as under -

Conveyance - From residence to office /

Office to places in the same town/city for office work.

Travelling - Generally used to mean outstation travel.

Shares - A share in the share capital of a company

Mutual Fund - Where money from investors are pooled and invested in shares or debt instruments.

These are just basic concept. Try google search for each of the above term and you will find sites with detailed answer of each term.