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The nature of taxation

Answers were Sorted based on User's Feedback



The nature of taxation..

Answer / s h gupta

DIRECT TAX &
INDIRECT TAX

Is This Answer Correct ?    39 Yes 18 No

The nature of taxation..

Answer / karen

the nature of taxation are:

1.inherent power of sovereignty
2. legislative in nature
3. territorial operation
4. public purpose
5. exemption of government
6. strongest among the inherent power of the state
7. subject of constitutional and inherent

Is This Answer Correct ?    22 Yes 2 No

The nature of taxation..

Answer / jovy

1. inherent power of sovereignty
2. legislative in nature
3. territorial operation
4. public purpose
5. exemption of government
6. strongest among the inherent power of the state
7. subject of constitutional and inherent

Is This Answer Correct ?    26 Yes 10 No

The nature of taxation..

Answer / veer

tds is a direct tax

Is This Answer Correct ?    15 Yes 14 No

The nature of taxation..

Answer / dhokchaule kishor

Their are two nature of taxation i.e Direct Taxes & Indirect
Taxes.
Direct Taxes- Income Tax
Indirect Taxes- 1) Service Tax 2)Vat (Sales Tax) 3)Central
Excise

Is This Answer Correct ?    9 Yes 8 No

The nature of taxation..

Answer / pearl marsada

There are 6 nature of taxation

1. for public purposes
2. it is inherently legislative
3. it is a territorial in application
4. it is subject to limitations under International comity
5. taxation distinguished from Police Power and Eminent Domain

Is This Answer Correct ?    0 Yes 0 No

The nature of taxation..

Answer / pema wangmo

1) compulsory contribution
2) personal obligation
3) general benefits
4) no quid pro que

Is This Answer Correct ?    0 Yes 2 No

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More Taxation Interview Questions

How many heads are there under total income? Name them.

0 Answers  


A Old Government Job retired Personnel who is getting his Pension amount@Rs.11000/- per month. He has put his retirement Fund in Bank Deposit for 1 year. No Bank is deducted TDS on that amount. Do we have any way by which his TDS can be refunded or saved

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Sir among the answers given by different persons, different answers are posted for the same question? regarding calculation of ESI & PF calculation whether on Basic or Gross salary? could u suggest the exact answer from the expert Pls.

2 Answers  


I have deducted the tds against advace payment on 150000 ie 3000 paid to govt, in jan month in april month i rec 300000 bill so how to adjust the previous advance tds in this bill

2 Answers  


Dear All , My TDS diducted in 2012-13, Rs.2400 2013-14 RS600 & 2014-15 1600 but i am not file any ITR till date please advise me can i claim that amt. for Income tax depart ment I am waiting you your rply

1 Answers  


is tax good or bad?

11 Answers  


1)How to calculate HRA in Income tax 2)Kindly give me Item list applicable for Tax deduction with their Amt limit and section (Ie Lta,grautity)

0 Answers   Hero Honda,


TAX should Be deducted on Water Supply Contract ?Why ?

5 Answers  


In wct limit is Rs.5lac if vendor provide bill below 5lac wct will applicable or it aggregate I need deduction of wct 5lac slap

0 Answers   NSCI,


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0 Answers  


please provide to us the rules of wct in andhra pradesh (Hyderabad)

0 Answers   Olive Bar Kitchen,


what the meaning of tax

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