Legal Question in Banking Law in
what is the difference between tax & fee?give a points of differences between tax & fees
Asked on 2/25/11, 8:37 am
1 Answer from Attorneys
J. Radhakrishnan
independent Practice
Tax is levied on certain income, property etc., like Income Tax or land tax, sales tax etc. Fee is charged for services solicited or rendered.E.g. Court fee, lawyer's fees etc.,
Answered on 2/26/11, 9:29 am
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