Accountancy, asked by debasishchattopadhya, 2 months ago

What is Direct tax? Write the difference between direct and indirect tax?​

Answers

Answered by luckyiitengineer0932
0

Answer:

Comparison of Direct and Indirect Taxes

Direct tax

Direct Taxes

It is levied on income and activities conducted.

The burden of tax cannot be shifted in case of direct tax.

Indirect tax

It is levied on product or services.

The burden of tax shifted for indirect taxes.

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