Taxation is an exhaustive subject: each sub-field, namely, excise, custom, sales tax, service tax and income tax, is highly specialised. It is also ever-changing. The nature of the field requires every taxpayer, whether an individual or organisation, to engage specialist(s). While the specialists can take care of the details and procedural parts, taxpayers need to understand the founding principles and core aspects of the sub-fields of taxation to be able to work effectively and intelligently with the specialists. The book aims to meet this need of the non-specialist. This text gives a cogent and comprehensive introduction to the field of taxation. The book facilitates the readeras understanding of the concepts and principles of each sub-field of taxation. The narrative style of the book encourages the readers to engage with the subject, and discover the principles by and for themselves. The text is written for business management students. B-school students and faculties will find the text engaging while learning the subject in their course of study. Written in a lucid manner, it will be a valuable resource for anyone interested in taxation, particularly managers.The service provider may not be careful about collecting the service tax from the customer. He may ... For example, if the value of a service is X, at the effective rate of 12.36 per cent, service tax is 12.36 X/100 Illustration A drycleaner charged aanbsp;...
|Title||:||Business Taxation, 3e|
|Author||:||Akhileshwar Pathak, Savan Godiawala|
|Publisher||:||McGraw-Hill Education -|