|
Particulars |
Direct Tax |
Indirect Tax |
|
Imposed on |
Income, profits |
Goods and services |
|
Taxpayers |
Individuals, HUFs, Companies, Firms etc. |
End user of the goods and services |
|
Transferability |
Cannot be transferred to anyone else |
Can be transferred |
|
Tax Evasion |
Possible |
Not possible |
|
Collection |
Cumbersome collection process as returns have to be filed. |
Simple collection process as tax is included in the price of the product. |
