<strong><em>“CANONS OF TAXATION IN TAXATION LAW”</em></strong><strong></strong>
INTRODUCTION In modern economies taxes are the most important source of governmental revenue. A tax is a compulsory payment to the government by the subjects without expectation of definite return or benefit to the tax payer. As per Adam Smith, “The taxes which, it is intended, should fall indifferently upon every different species of revenue,…
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