What are Direct tax and Indirect tax - Current and Deferred Tax Computation

  1. Taxation for CA, CS, CMA Exams May - June 2019
  2. GST for Exams

Transcript

Direct tax is when person pays tax from pocket. Indirect tax is when person collect tax from customer pay to government. Example Income tax is direct tax and Vat, Service tax, Excise, Customs etc.

About the Author

CA Maninder Singh's photo - Expert in Practical Accounts, Taxation and Efiling
CA Maninder Singh
CA Maninder Singh is a Chartered Accountant for the past 11 years. He also provides Accounts Tax GST Training in Delhi and Pune.