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MR. B (Querist)

16 July 2014 IF MR . X EARN RS. 500000 AND IF MR. Y EARN 800000 THEN MR. Y PAID TAX MORE THAN MR.X , Y SUCH THING NOT HAPPENED IN CASE OF COMPANY.
WHAT IS REASON BEHIND THAT

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)

16 July 2014 cos co is entire diff entity and ind are diff so their tax system is also diff.

MR. B

MR. B (Querist)

16 July 2014 I KNOW ,
BUT BOTH R PERSON THEN Y TAX RATE IS DIFFER

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)

16 July 2014 but co is earning more profit and pays more tax and ind has so much limitation of earning that is y.

MR. B

MR. B (Querist)

16 July 2014 I QUITE AGREE,
BUT EVERY COMPANY IS NOT EARNING SAME PROFIT THEN Y TAX RATE IS SAME

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)

16 July 2014 cos profits may vary and there may be losses also and if there are more tax rate for some industry and less for some other industry then people will do business in only less tax rate industyr as they will save taxes.

MR. B

MR. B (Querist)

16 July 2014 IF EVERY PERSON THINKING SAME THEN EVERY COMPANY DOING SAME BUSINESS HAVING LOWER TAX RATE THEN OVER ALL SELLER INCREASE ACCORDINGLY PROFIT DECREASE NOW FOLLOWING MAY CONSEQUENCE :

FOR DECREASE MY TAX LIABILITY I LOSS SO MANY OTHER INCOME CAN WE DO SO ?

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)

16 July 2014 even if profit decreases still there wil be lower tax and still people may go for this and if they are willing to pay higher tax and earn other income then its their personal choice..................

MR. B

MR. B (Querist)

16 July 2014 CHOICE !!!!!!!!!

CAN U GIVE ME LOGICAL ANSWER SO THAT I CAN UNDERSTOOD - IF U INTERSECTING

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