Assistant Manager Tax Question:

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Explain taxation?

Assistant Manager Tax Interview Question
Assistant Manager Tax Interview Question

Answer:

Taxation is a mean by which governments finance their expenditure by imposing charges on citizens and corporate entities.

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What is effect of accounting taxation?If we are not able to issue F form and Goods transfer treat as deeded sale and want to paid taxes on that sale. but local tax rate is Zero. in above situation I can transfer of goods without F Form and Without paying any tax?