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Corporatetaxplanning2003 120515115836 Phpapp01
Corporatetaxplanning2003 120515115836 Phpapp01
Prepared By-
Anuj Bhatia
[BBA, M.Com, GSET, UGC-NET, Ph.D (Pur.)]
Assistant Professor,
Anand Institute of Business Studies
Contact: anujbhatia09@gmail.com
Tax Planning
Tax planning is the arrangement of financial
activities in such a way that maximum tax benefits
are enjoyed by making use of all beneficial provisions
in the tax laws. It entitles the assessee to avail
certain exemptions, deductions, rebates and reliefs,
so as to minimize his tax liability.
Planning before tax liability Planning for avoidance before Tax evasion involves avoidance
arises tax liability arises of payment of tax after the
liability of tax has arise.
Tax Management
Tax management refers to the compliance with the
statutory provisions of law.