Skip to main content
Taxes

Horizontal equity

In the world of finance, there is a fundamental principle known as the "equal treatment doctrine." This doctrine states that taxpayers who are in similar situations should be granted the same tax treatment. This means that individuals or businesses who earn the same amount of income or capital should be treated equally by the tax system. Essentially, the equal treatment doctrine promotes fairness and consistency in the way taxes are applied. This is an important concept to understand in order to navigate the complexities of finance and taxation.

Related terms

Best method rule

Understand the meaning and definition of Best method rule in the context of stock market, trading, and investments.

MORE
Competent authority (ca)

Understand the meaning and definition of Competent authority (ca) in the context of stock market, trading, and investments.

MORE
Tax expenditure

Understand the meaning and definition of Tax expenditure in the context of stock market, trading, and investments.

MORE
Forfait

Understand the meaning and definition of Forfait in the context of stock market, trading, and investments.

MORE
Indirect-charge method

Understand the meaning and definition of Indirect-charge method in the context of stock market, trading, and investments.

MORE
Capital assets

Understand the meaning and definition of Capital assets in the context of stock market, trading, and investments.

MORE

Open Free Demat Account!

Join our 3.8 Cr+ happy customers

+91
Explore other categories
Enjoy Zero Brokerage on Equity Delivery
10 Cr+DOWNLOADS

Enjoy Zero Brokerage On Stock Investments

Get the link to download the App

Scan this QR code to download the app
Get it on Google PlayDownload on the App Store