why we need to pay both direct and indirect taxes?
Is indirect taxes is not enough, from my income , I was buying goods and services and paying taxes .
Then why I need to pay direct tax?
sir,
we need to pay indirect taxes (GST) when we purchase goods or when we receive services....
whereas we need to pay direct tax (income tax) in addition to indirect taxes on income earned from sale of such goods or receipts from providing services.... subject to claiming allowable expenditure..
CAclubindia
