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BZ 311 Tax Law and Practice

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No government will run a rustic while not revenue. One in every one of the critical sources of revenue is taxation. Taxes are often classified as Direct and tax. Direct taxes include those taxes wherever impact and incidence fall on a constant person. Revenue enhancement Act, 1961 is the prime legislation within the space of direct taxes in India. It's terribly attention-grabbing to grasp varied aspects of this Act. The Act makes ample scope for tax designing and tax management by utilizing varied provisions that are enshrined in this. A tax remunerator will cut back her liabilities by taking advantage of varied incentives that are provided within the Act.

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