Investment Decision

Financial Management

Why is tax charged on saving in contract payment? 150*30%=45 cash outflow

Angel Maria Varghese

CA Final

★ 9K+

09-Mar-23 21:46

479

Answers (2)

Best Answer

Ok got it.. When there is contract payment there is tax reduction.. So when contract payment is saved tax increases. Am I right?

Thread Starter

Angel Maria Varghese

CA Final

★ 9K+

09-Mar-23 22:07

Thread Starter

Angel Maria Varghese

Ok got it.. When there is contract payment there is tax reduction.. So when contract payment is saved tax increases. Am I right?

Yes

Sudha Reddy

CA Final

★ 20K+

09-Mar-23 22:21