The nature of taxation
Answers were Sorted based on User's Feedback
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 |
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 |
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 |
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 |
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 |
D form isse quartly or yearly by gov.?
whether commission earned by stock broker is laible for TDS?
The company i approached asked me that they are registered Manufacturer to market fire extinguishers. They have both VAT & CST registration. When they supply material out of state i.e. under "C" form, to a Dealer who is also registered with CST and who can issue "C" form but for product paint. Will the "C" form issued by the Dealer be acceptable to us. What law governs, since the dealer is not registered to trade in Fire Extinguishers? In the first instance will he be able to issue "C" form at all i.e. Will the government allow him to issue "C" Form, if so under what norms? In the case that my company is the Dealer and registered for trading in Paint and we are taking Fire Extinguisher Dealership will I get set-off in "C" form for purchase and Sale. Kindly let me know on russel.raphael@gmail.com
what is the differnce between income tax and tax deducted at source?
I am late for deposit the service tax about 120 days. the amount of S.T. is 48115 What is the Intrest on 48115.
what is tds concept
what is vat,meaning,procedure,heads,rates,all form of vat,when vat is filled,full information about vat?
material sale seller to buyer, seller give to material to buyer against Form H, so what benefit to seller to submit Form H for vat purpose.
We have sold goods to customer against H-Form in each quarter of the year. But customer is issuing single H-Form for whole year purchase. Should we accept it or not?
A ca charge a bill on his client of rupees 100000 and charge service tax @ 12.36%, party make payment after dedicate tds @10% what enters be made in the books of CA and party.
What is the difference between fund flow and cash flow for a company?
If Buyer of Haryana purchase material like advertisement material from other state for the purpose of advertising & as a registered dealer providing C- Form to the seller den whether then what will be the rate % is it 2% or normal rate