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what is indirect tax?

Answer Posted / vishal

I think Direct Tax means,'Any income accrued/received by
any 'Person')liable to pay directly to GOVT.'.

INDIRECT TAX: 'Any expenditure incurred/accrued on any
goods/services is eligile for tax by any 'PERSON'liable to
pay indirectly to GOVT.

Is This Answer Correct ?    43 Yes 33 No



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