What is direct tax & indirect tax

Answer Posted / mahesh

Direct Tax is Income Tax, which cant be impose or transfer
to another person.

Indirect Tax is sales tax, VAT, which can impose or
transfer to another person

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

how to do the finalise of account? what is the step? why we need to do like that?

1575


what are the suggestions to control NPA in rural areas?

3568


why do we charge the depreciation

969


what type of questions are asking for fund administration???

5036


WHAT IS THE DIFFERENCE BETWEEN SEND FOR APPROVAL (WITHOUT PARKING) AND ASSIGNMENT CORRECT IN MYSAP FI POSTING?

1620






Prepare a trial balance from the following :- Particulars Amount Particulars Amount Rs. Rs. Purchases 8225 Premium on lease 1200 Wages 1025 Loan on mortgage 2500 Sales 12450 Plant & machinery 2000 Arun's capital 13500 Provisn for doubtful debts 300 Stock on 1/1/98 1500 Sundry debtors 16550 Salary 410 Trade charges 200 Rent & taxes 162 Bad debts 200 Sundry creditors 2572

1961


Give the balance sheet schedules ,what is differe tax, GIVE THE RATES OF DIFFERED TAX FOR THE YEAR 2008-09

1850


capital introduced by partners? how it will be shown in tally? (i.e.at the place of Account what we have to post) (at the place of particulars what we have to post) (in which vocher we can post it)

1806


why the RRB'S not lend loans directly to farmers?

1525


What are the things are not Included in Annual Reports?

1605


Expand---------OTMD

2017


please explain the uses of internate protocol address(ip add)?

1693


KINDLY PROVIDE ME RBI OFFICER SCALE B QUESTION PAPER (PREVIOUS)

1550


income from depreciated asset is profit or loss?

1012


why you would like to work for the our(AIRLINE) Group ???

1654