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Tamil Nadu Board of Secondary EducationHSC Commerce Class 11

Choose the Correct Answer. Income Tax is ______ - Commerce

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Question

Choose the Correct Answer.

Income Tax is ______

Options

  • a business tax

  • a direct tax

  • an indirect tax

  • none of these

MCQ
Fill in the Blanks

Solution

Income Tax is a direct tax.

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Meaning of Taxes
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Chapter 32: Direct Taxes - Exercises [Page 319]

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Samacheer Kalvi Commerce [English] Class 11 TN Board
Chapter 32 Direct Taxes
Exercises | Q I. 1. | Page 319
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