what is direct tax or inderect tax? all uses form with fill
up full?
Answer Posted / jubilee
DT is the tax which is borne by the assessee himself eg:
income tax (i.e paid by company itself)
IDT is a tax which is transfered by the assessee to the
ultimate consumer Eg: excise duty, service tax (i.e. paid
by the ultimate consumer)
Is This Answer Correct ? | 2 Yes | 1 No |
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