What is the difference between Direct &indirect tax?
Answers were Sorted based on User's Feedback
Answer / sreena
Direct tax is paid by assignee like Income tax. Indirect
tax is when we purchased an item if we pay vat it is
indirect tax
| Is This Answer Correct ? | 8 Yes | 2 No |
Answer / navin patel
Which tax not shifted any other Called direct tax as,income
tax,welth tax etc.
which tax shifted from any other its means collected by any
other colled indirect tax etc.sales tax,service tax, cst
etc.
| Is This Answer Correct ? | 5 Yes | 2 No |
Answer / shabd kumar choudhary
Direct taxes are those tax which are directly levied on the
assessee like income tax.
whereas indirect tax are those taxes which are not
directly levied on the assessee like sales tax
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / jagat babu sharma (9450123500)
Direct Tax has been calculated and payment made through
assessee i.e. self assessed by assessee e.g. Income Tax,
Wealth Tax etc. and that tax charged by any other liable
person whom to be collect such tax amount through assessee
and have to deposited the same in account of Tax Department
e. g. Sales Tax.
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / nitika
Direct tax is leived on persons and directly collected by
government.eg: income tax
indirect tax is leived on goods & services. eg: sale tax
| Is This Answer Correct ? | 4 Yes | 4 No |
What are the criteria to avail lower deduction of TDS & why the lower TDS deduction certificate issued?
exp: bricks 4000*5% =200 is input it can be add GP @ 10%. So it cane be 200*10% = 220 output Then 220-200 = we pay only 20. It is correct or not Regards G.Kamal
Which book is best for fringe benefit tax ( FBT )
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If suppose we wrongly deduct the TDS on professional fees then what to do?
what is WCT?
What are the documents to be sent along with the stock sent by courrier to other branch. Its only internal transfer. Will it be enough if we dispatch by Delivery challan?
WHEN I 1ST TIME VAT E-RETURN FILLING WHAT IS THE REQUIREMENT & HOW FOOL FILL THE REQUIRMENT , HOW I GET C FORM THROW VAT E-RETURN FILLING FOR THIS WHAT STEPS NEED FOR ANY REGESTRATION TO GET ID & PASSWORD IF ELSE , PLEASE GIVE ME THE ANSWER ON MY E.MAIL sonidilip87@yahoo.com
when should i take input of service tax which i paid against bill (At a time of bill received entry date or payment date to party. )
Why Govt. Have Need of WCT.
2 Answers Novacom Digitronics, Vijai Electricals,
What is the difference between Direct &indirect tax?
what is income tax?