what is Direct and Indirect Tax? can any body tell me with
example.
- 8 Answers
- 21334 Views
- I also Faced
- E-Mail Answers
Answer Posted / manoj bassi
Direct Taxes are those which are lieved by Govt. directly
such as, Income tax, Wealth Tax, Gift tax.
Indirect taxes are those which are inclusive of all the
taxes such as- Sales tax, VAT, Excise Duty, Custom duty
| Is This Answer Correct ? | 40 Yes | 3 No |
Post New Answer View All Answers
If a person got gold by wining a lottery and TDS on the gold value was not deducted by the deductor. After getting the gold, the person tranfer the gold to his daughter. After reading the provisions of the Income Tax Act, 1961, you are required to state that who is liable to pay the tax on the value of the gold? and is there any liability of the Deductor towards non-deduction of TDS?
please tell me friends what are the formats of excise return and vat return?
80DD Dediction
#IS IT NECESSARY TO COLLECT T.C.S ON EVERY POINT OF SALE# THAT IS IF MANUFACTURER SOLD ANY OTHER FOREST PRODUCE NOT BEING TENDU LEAVES (T.C.S @ 2.5%)TO TRADER,IS IT NECESSARY FOR TRADER TO DEDUCT T.C.S.MANUFACTURER ALREADY CHARGED T.C.S TO TRADER & ISSUED TO TRADER 27-D FORM.WAITING FOR CLEAR CUT REPLY
How can company withdraw the amount of Group Superannuation of the employee who has left the job before completion of one year ?
what will be my tax if i suddenly got 800000 to 1000000 in my bank by chq from sale of an old house?
WHAT IS COMPOSITION RATE IN Andhara pradesh SALES TAX?
my manufacture company established in Excise exempted Area. and we pay freight to transpoter.& also deduct service tax.what will be the entry of this transaction. can i adjust this service tax payable from input service tax of telephone bill.
what is period VAT revised return can be filed?
what is rules of taxation
interest paid to bank rs.15000 in conection with statutory income tax proceedings.
Hai iam a VAT Registered dealer am a manufacturer and am going to sell my products to unregistered dealers i can pay d 4% vat.. how can i make my bill format for this sgrc.gy@gmail.com. anybdy kno means pls mail me.
i have paid P-TAX ( employee ) in EC code & P- TAX ( COMPANY)paid in RC code.how can i solve this poblem?
How do you plan to achieve these goals?
why charges PURCHASE @ 15 % TAX RATE ?
