Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

What is the difference between Direct &indirect tax?

Answer Posted / jagat babu sharma (9450123500)

Direct Tax has been calculated and payment made through
assessee i.e. self assessed by assessee e.g. Income Tax,
Wealth Tax etc. and that tax charged by any other liable
person whom to be collect such tax amount through assessee
and have to deposited the same in account of Tax Department
e. g. Sales Tax.

Is This Answer Correct ?    3 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what is the exise limit in granite manufacturing

1910


i want to learn income tax work please tell me about all dedutions exempations and income detail...how to calculate tax on net income

1865


Any one can mail soft copy of Balance sheet,Trading and profit and loss alc.of a small firm or small co for study

2261


hi which form issue again ogs purches & sales ? which is the tax rat we issue c form?it's cst3% is avelabe to issue the c-form?

6168


What is the Procedure of Import & Export

2039


HOW THE INTEREST WILL BE CALCULATED IF WE MAKE INCOME TAX RETURNS LATE AND WHAT IS MEANT BY YEAR END?

2435


What is Cenvat

3881


What is Vat and how it is adjustable with input vat and what return form required for DVAT?

2392


updated rates of sales tax & VAT in Maharashtra

2788


What r the foll tax deductions for :- 1.TDS 2.WCT Give me answers in detail & give me some addtional info on these topics which would be helpful for me.

4752


Why service tax payable is not considered while calculating Wct Tds.

4340


I am a civil Engineer consultant. On an item for example Rs.100, I am adding 4%WCT ie., Rs.4 and I am certifying the contractor bill for Rs.100.00 + Rs.4.00 = Total Rs.104.00. But my client is deducting 4% on Rs.104.00 ie., Rs. 4.16. So, finally contractor is losing Rs. 0.16 on Rs. 100 which amounts to lakhs on the project value. Can you please guide me on this? Santosh Kumar

2145


how many sale tax charged on the billing for central dealer by uttar pradesh dealer at furniture items ? & how many sale tax charged for u.p. dealer by up dealer ?

2065


My client has not filled income tax return for ay-2013-14

1581


if cst sales and purchase is completed and we issue c form and received c form also.but in next month both sales and purchase are return. my question is how to pass reverse entry when c forms issue/receive. how it cst return also.

2936