Corporate tax & property tax differance


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Querist : Anonymous

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Querist : Anonymous (Querist)
03 December 2014 respected sir

03 December 2014 there is no concept of corporate tax as such actually people use it for tax under income tax act on companies.

property tax as levied by municipal authorities

03 December 2014 The income tax paid by the Companies is normally referred to as Corporate tax.
The Municipality or Corporations etc. levy a yearly tax on the HOUSE properties in their jurisdictional limit. This is called as PROPERTY tax


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