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Income tax s paid by individuals and corporation by companies,which means income tax s not paid by companies. Am I right ???


Reetikaa  R

Reetikaa R

CA Foundation

4K+

12-Jan-21 17:13

37

Answers (7)

Question is not so clear ..


Kishore Babu

Kishore Babu

CA Inter

7K+

12-Jan-21 17:33

Kishore Babu

Question is not so clear ..

Do companies pay income tax


Reetikaa  R

Reetikaa R

CA Foundation

4K+

12-Jan-21 17:35

Reetikaa R

Do companies pay income tax

Yes they do pay


Suraj Lakhotia

Suraj Lakhotia

Admin

12-Jan-21 18:37

Reetikaa R

Do companies pay income tax

Yes, ofcourse !


Madhaan S

Madhaan S

CA Inter

12K+

12-Jan-21 18:37

Suraj Lakhotia Admin

Yes they do pay

Sir in this question, income tax is shown in trial balance but reduced from capital sir

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Reetikaa  R

Reetikaa R

CA Foundation

4K+

12-Jan-21 18:59

Suraj Lakhotia Admin

Yes they do pay

Sir if I am sole proprietor, my income tax and firm 's income tax are the same ???


Reetikaa  R

Reetikaa R

CA Foundation

4K+

12-Jan-21 19:00

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