what is tax law in India
Answers
Answered by
0
Answer:
cvhgchghg
Explanation:
Answered by
1
Answer:
Explanation:
What is Tax law?
It covers the rules, policies and laws that oversee the tax process, which involves charges on estates, transactions, property, income, licenses and more by the government.The intricate body of tax law covers payment of taxes to a minimum of four levels of government, either directly or indirectly.
in India;
Few of such taxes include inheritance tax, interest tax, gift tax, wealth tax, etc. ... Direct Taxes in India were governed by two major legislations, Income Tax Act, 1961 and Wealth Tax Act, 1957. A new legislation, Direct Taxes Code (DTC), was proposed to replace the two acts.
Similar questions