What is taxation?

It is nothing but the charges that are imposed by the individuals or property by the legislative branch of federal government and by many state governments to raise funds for public purposes.

The types or kinds of taxes are as follows:

• Excise tax
• Property tax
• Direct and indirect taxes
• Federal tax
• State tax etc.

Reference Books of Taxation for Investments ( A/C s)

• Direct & Indirect Taxes : V.K.Singhania

• Direct & Indirect Taxes : T.N. Manoharan                             

• Direct & Indirect Taxes : V.S. Datey