Giving reasons, classify the following into direct tax and indirect tax.
(i) Wealth tax (ii) Entertainment tax (iii) Income tax
(i) Wealth tax It is a direct tax, as the burden of tax cannot be shifted to other party.
(ii) Entertainment tax It is an indirect tax, as the burden of tax can be shifted to other party.
(iii) Income tax It is a direct tax, as the burden cannot be shifted to other party.