AllABCDEFGHIJKLMNOPQRSTUVWXYZ B Bad Debts In the Indian financial and accounting context, Bad Debts refer to the amounts owed to... Learn More → Balance Sheet A Balance Sheet is a financial statement that shows a company’s financial position at a... Learn More → Bank Overdraft A Bank Overdraft is a financial facility offered by banks in India that allows an... Learn More → Bank Reconciliation Statement A Bank Reconciliation Statement (BRS) is a financial document that compares the bank balance shown... Learn More → Basic Registration Basic Registration refers to the initial registration process required for businesses or individuals to legally... Learn More → Batch Number A Batch Number is a unique identifier assigned to a specific group or batch of... Learn More → Batch Traceability Batch Traceability refers to the process of tracking and recording the history, location, and movement... Learn More → Bearer Cheque A Bearer Cheque is a type of cheque in which payment is made to the... Learn More → Benami Property Benami Property refers to any property that is purchased or held by one person, but... Learn More → Benami Property Transactions Act The Benami Property Transactions Act, originally enacted in 1988 and later amended in 2016, is... Learn More → Benami Transaction A Benami Transaction refers to a situation where a property or asset is purchased and... Learn More → BEPS (Base Erosion and Profit Shifting) BEPS, or Base Erosion and Profit Shifting, refers to tax planning strategies used by multinational... Learn More → Best Before Date The Best Before Date is a label used on food and beverage products to indicate... Learn More → Best Judgment Assessment Best Judgment Assessment is a process used by Indian tax authorities to determine the amount... Learn More → Best Judgment Assessment (Section 144) Best Judgment Assessment under Section 144 of the Income Tax Act, 1961, refers to a... Learn More → Beverage Standards Beverage Standards in India refer to the set of quality and safety guidelines established by... Learn More → Bill of Exchange A Bill of Exchange is a legally binding written document used in business transactions in... Learn More → Biotechnology-Derived Food Biotechnology-Derived Food refers to food products that are developed using modern biotechnology techniques, such as... Learn More → Black Money Black money refers to income or assets that are not reported to the government for... Learn More → Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act The Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act is an... Learn More → Blocked Credit Blocked Credit refers to the input tax credit (ITC) that a business cannot claim under... Learn More → Body of Individuals (BOI) In the Indian context, a Body of Individuals (BOI) refers to a group of individuals... Learn More → Bond/LUT (Letter of Undertaking) In the Indian GST framework, a Bond or Letter of Undertaking (LUT) is an official... Learn More → Book Value Book Value refers to the net value of a company’s assets as recorded in its... Learn More → Books of Accounts In the Indian context, Books of Accounts refer to the financial records maintained by a... Learn More → Bottled Water Regulations Bottled Water Regulations in India refer to the set of rules and standards established by... Learn More → Brokerage In the Indian financial and investment ecosystem, brokerage refers to the fee or commission charged... Learn More → Business Income Business Income refers to the earnings generated from any trade, commerce, manufacturing, or service-related activity... Learn More → Business Loss Business Loss refers to the situation when the expenses and costs incurred in running a... Learn More →
