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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 ???
Answers (7)
CA Suraj Lakhotia Admin
Yes they do pay
Sir in this question, income tax is shown in trial balance but reduced from capital sir
CA Suraj Lakhotia Admin
Yes they do pay
Sir if I am sole proprietor, my income tax and firm 's income tax are the same ???