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Railways Audit

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After seeing the video on the topic BYJU's posted by Indigo learn, I got a doubt that , How the Revenue of the Railways is tracked and what is the authentic methodology used for Revenue recognition of them ? Also, the TICKET COLLECTOR may allot some partial seats for partial destination to some of the passengers which may not be on record. How do railways track the accurate revenue ? Kindly Clarify


Avasarala Vivek Aditya

Avasarala Vivek Aditya

CA Inter

6K+

20-Sep-22 18:27

328

Answers (1)

Best Answer

Railway collects revenue over counter by sale of tickets, online sale of tickets and also by TTE. When TTE allots a seat against genuine payment, a receipt is issued. Accounting is largely done on cash basis.


CA Suraj Lakhotia

CA Suraj Lakhotia

Admin

20-Sep-22 21:07

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