What is taxation law?
Asked by Chetan Sharma
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1 Answer
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Taxation law is a very broad subject to keep it in a simple way.
It covers the rules, policies and laws that oversee the tax process, which involves charges on estates, transactions, property, income, licenses and more by the government. Taxation also includes duties on imports from foreign countries and all compulsory levies imposed by the government upon individuals for benefit of the state. Please refer this link:
http://www.mondaq.com/india/x/23453/Corporate+Tax/Taxation+Laws+of+India+An+Overview.
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