Tax avoidance..
This query is : Resolved
20 November 2014
Please tell me difference between tax planning, tax evasion and tax avoidance..??
Rupesh Jain
(Expert)
22 November 2014
tax planning
for tax on income plant to minimize the tax on assesse.
tax evasion: if you donot pay the tax , by way of not show/declare the correct income.
tax avoidance: reduce the tax liability with the law provision.
for tax on income plant to minimize the tax on assesse.
tax evasion: if you donot pay the tax , by way of not show/declare the correct income.
tax avoidance: reduce the tax liability with the law provision.
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