sources of taxation
Given the nature of the transaction of service, it is being subjected to tax by the Union and the State Governments Both. Given the nature of service transactions, it is being taxed by both the Union and State governments.
The fiscal principle underlying article 246 of the constitution of India separates the sources of taxation for the Union and the States and also maintains the exclusivity. The underlying principle of fiscal article 246 of the Indian constitution separates the sources of taxation to the European Union and the United States and also maintaining exclusivity. This article also provides That in case of conflict the between the powers of the Union and the States, the Union the power to tax Marshall supersede the power of the State to levy tax on the taxable event or in relation to the subject or object of taxation. The article also states that in case of conflict between the powers of the Union and the United States, the tax would replace the Union forces of state power to levy tax on the tax event or in connection with the subject or the object of tax.
The Entertainment Industry in India is facing the challenge of double taxation on Such transactions. The entertainment industry in India faces the challenge of double taxation on transaction.
[...] sources of taxation [...]