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Direct tax and indirect tax

Former Member
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What is the difference between Direct Taxes and indirect Tax. In which Cases those are both are applicable .

please give to me details

regards

RAM

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Answers (2)

Answers (2)

Former Member
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Hi

a direct tax is one paid directly to the government by the persons (juristic or natural) on whom it is imposed (often accompanied by a tax return filed by the taxpayer). Examples include some income taxes, some corporate taxes, and transfer taxes such as estate (inheritance) tax and gift tax.

an indirect tax or "collected" tax (such as sales tax or value added tax (VAT)); a "collected" tax is one which is collected by intermediaries who turn over the proceeds to the government and file the related tax return.

assign points if useful

sridevi_p
Active Contributor
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Hi,

In gneral accounting terminologies

Direct tax - is the one directly paid by u - E.g. Income tax

Indirect tax - Indirectly borne by u - E.g. Sales tax

Regards,

sridevi

Former Member
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THANKS FOR THE RESPONSE

i want another confirmation i.e whitholding tax comes under direct tax or indirect tax.

any other diffrent taxes are there.