Question
Which of the following is the tax on income of the companies?
- Corporation tax
- Reliable tax
- Compensatory tax
Answer: Option A
Answer: (a)Corporation tax is the tax on income/profit of the organizations. In India, at one time, corporation tax was quite high
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Answer: (a)Corporation tax is the tax on income/profit of the organizations. In India, at one time, corporation tax was quite high
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