Difference between taxation and income tax...
This query is : Resolved
25 April 2013
Hello CCI..., i have a doubt weather any difference between provision for taxation and provision for income tax...taxation in sence what., both are same or not..?
25 April 2013
as it name suggests, taxation is a wider term which covers all the taxes whether direct or indirect,(like income tax, wealth tax, sales tax, service tax customs excise etc..)
whereas income tax is a part of all taxations.
whereas income tax is a part of all taxations.
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