Tds
Querist : Anonymous
according to direct tax a tax which is impose on person and tax burden is same on that person on which it is imposed is known as direct tax?
according to idt the burden of tax is on another person and impose on some other person is called idt.
i know tds is direct tax i want to know why it is direct tax because it is paid by empolyer(impose) and burden on empolyee
my point of view is must be indirect tax please clarify me ???????
TDS is not paid by employer (he doesn't bear the burden of it)..tds is only deducted by employer...thats the difference...
Querist : Anonymous
this is the contradict the defination of idt?
Querist : Anonymous
Querist : Anonymous
burden of tax is not on employer it is only on employee
but it is imposed/levied on employer
same as in sale tax impose on seller but burden on buyer
in salary for employer
and seller take honestly rate of taxes charged as mention in law.
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