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WWW.CMA.paper 7 DIRECT TAXATIONDIRECTORATE OF STUDIES INSTITUTE OF COST ACCOUNTANTS OF INDIA Statutory Body under an Act of ParliamentBehind every successful business decision, there is always a COMMISSION

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What is direct taxation intermediate?

Direct taxation intermediate is a form of taxation imposed directly on individuals or businesses.

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Individuals or businesses who meet certain income thresholds or have specific types of income are required to file direct taxation intermediate.

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The purpose of direct taxation intermediate is to raise revenue for the government to fund public services and programs.

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Information such as income, deductions, credits, and any other relevant financial information must be reported on direct taxation intermediate.

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