Tax holiday

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vivekanandhan

vivekanandhan (Querist)
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10 August 2011 I want to know about tax holiday please answer any one

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
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10 August 2011 Humour-
Tax Holiday -Means tax is in holyday mood.
It will not come into picture.

Tax Holiday period- When tax enjoys and do not harass to an eligible assessee also, during a certain No. of years as declared in the relevant statute.

Tax Holiday Area- Where Tax enjoys and do not bother the assessee.

TAx Holiday for Students - No student will require to read taxation and then tax and student both will enjoy.

Sidhardh

Sidhardh (Expert)
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11 August 2011 You can google you query for general questions. However, the following link will help you in understanding tax holiday in brief.

http://en.wikipedia.org/wiki/Tax_holiday