25 April 2013
Hello CCI..., i have a doubt weather any difference between provision for taxation and provision for income tax...taxation in sence what., both are same or not..?
25 April 2013
as it name suggests, taxation is a wider term which covers all the taxes whether direct or indirect,(like income tax, wealth tax, sales tax, service tax customs excise etc..) whereas income tax is a part of all taxations.
CAclubindia
