Sir/ Madam,
Please give me examples,
Which Taxes Come under Direct Tax
and which under Indirect Tax.
1 Replies
kapilll
(Investigator)
(171 Points)
Replied 23 July 2008
those taxes whose burden are thrown entirely on u are direct taxes u cannot transfer the burden to others , like Income Tax
those taxes whose burden can be transfered further to others are indirect taxes like VAT, u add the tax amount and charge it from buyer
this is what i thought pls correct me if i m wrong
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