Interested to Buy Any Domain ? << Click Here >> for more details...
1.Define Tax Avoidance?
2.Define Tax Evation?
3.Define Tax Planning?
4.Define Tax Management?
5.what are the effort to checj Tax evation?
- 2 Answers
- 15620 Views
- I also Faced
- E-Mail Answers
Answer Posted / himanshu
Tax avoidance is the practice of taking advantage from the
loopholes in the income tax law and it is not liable to
penalty and imprisonment.
Tax evasion is the practice of evading tax by flouting the
income tax laws and regulaions.It is illegal and tax evader
is liable to penalty and imprisonment.
Tax planning is the proper planning for investing various
sources of income to take tax advantange.It is a legal
practice.
Tax management on the other hand requires tax planning in
an efficient way to take advantage of exemptions,deductions
and rebates etc.
| Is This Answer Correct ? | 42 Yes | 11 No |
Post New Answer View All Answers
what is the shortcut to select the purchase order voucher type?
Explain in a sentence or two, each of the elements of a Business Plan and why it is necessary.
What is third party Insurance?
Is there any training or probation period after being selected?
Explain Openpages Capital Modeling?
What are the stages of 'money laundering' process?
Tell me the levels of traders?
What are the different schemes launched by the government to eradicate poverty?
What do you consider your most significant strengths?
What does 'call' in marketing mean?
Explain Openpages Regulatory Compliance Management?
List Some Features Of Pff?
operations Executive
What Is Payday Loan?
Which was the first indian bank to set up internet kiosk?
