What are Direct Taxes ? Meaning ↓
A direct tax is one, which is paid by a person on whom it is legally imposed and the burden of which cannot be shifted to any other person. The person from whom it is collected cannot shift its burden to anybody else.
Image Credits © Slightly North.
The tax-payer is the tax-bearer. The impact i.e. the initial burden and its incidence i.e. the ultimate burden of
Friday, 3 December 2010
Direct Taxes Meaning - Merits and Demerits of Direct Taxes
Posted on 19:46 by Unknown
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment