AllABCDEFGHIJKLMNOPQRSTUVWXYZ I Ice Cream and Ice Products Standards Ice Cream and Ice Products Standards refer to the safety, quality, and composition requirements set... Learn More → IGST IGST stands for Integrated Goods and Services Tax. It is a type of GST applied... Learn More → Impairment Loss Impairment Loss refers to the reduction in the recoverable value of an asset below its... Learn More → Implementation Plan An Implementation Plan is a detailed roadmap that outlines how a business will put a... Learn More → Import of Goods Import of Goods refers to the process of bringing goods into India from another country.... Learn More → Import under GST Import under GST refers to the bringing of goods or services into India from a... Learn More → Importer-Exporter Code (IEC) Importer-Exporter Code (IEC) is a unique 10-digit identification number issued by the Directorate General of... Learn More → IMS IMS stands for Integrated Management System. In the Indian business context, IMS refers to the... Learn More → Income Escaping Assessment (Section 147) Income Escaping Assessment under Section 147 of the Income Tax Act, 1961 refers to a... Learn More → Income from Business and Profession Income from Business and Profession refers to one of the five heads of income under... Learn More → Income from Capital Gains Income from Capital Gains refers to the profit earned when a capital asset is sold... Learn More → Income from House Property Income from House Property is one of the five heads of income under the Indian... Learn More → Income from Other Sources In the Indian income tax system, "Income from Other Sources" refers to any income that... Learn More → Income from Salaries In the Indian tax system, Income from Salaries refers to the income earned by an... Learn More → Income from Salary Income from Salary refers to the compensation received by an individual from their employer in... Learn More → Income Statement An Income Statement, also known as a Profit and Loss Statement, is a financial report... Learn More → Income Tax Income Tax in India is a direct tax levied by the Central Government on the... Learn More → Income Tax Act The Income Tax Act is the primary law in India that governs the levy, collection,... Learn More → Income Tax Appellate Tribunal (ITAT) The Income Tax Appellate Tribunal (ITAT) is a quasi-judicial authority in India that handles appeals... Learn More → Income Tax Audit An Income Tax Audit in India refers to the examination and verification of a taxpayer's... Learn More → Income Tax Calculator An Income Tax Calculator is an easy-to-use online tool designed to help individuals, salaried employees,... Learn More → Income Tax Department The Income Tax Department is the government authority in India responsible for collecting and managing... Learn More → Income Tax Officer (ITO) An Income Tax Officer (ITO) is an official appointed by the Income Tax Department of... Learn More → Income Tax Return An Income Tax Return (ITR) is a formal statement submitted by individuals, businesses, or entities... Learn More → Income Tax Return (ITR) An Income Tax Return (ITR) is a form filed by individuals, businesses, or other entities... Learn More → Income Tax Settlement Commission The Income Tax Settlement Commission (ITSC) was a quasi-judicial body in India that offered taxpayers... Learn More → Indexation Indexation is a method used in Indian taxation to adjust the purchase price of an... Learn More → Indexation Benefit Indexation Benefit refers to the adjustment of the purchase price of an asset using the... Learn More → Indirect Expenses In the Indian business and accounting context, Indirect Expenses refer to costs that are not... Learn More → Infant Food Regulations Infant Food Regulations in India refer to the set of rules and guidelines established by... Learn More → Inflation Accounting Inflation accounting is a financial reporting method that adjusts a company’s financial statements to reflect... Learn More → Information Asset An Information Asset refers to any data, document, record, or digital file that holds value... Learn More → Infrastructure Investment Trust (InvIT) Infrastructure Investment Trust (InvIT) is a financial vehicle in India that allows individual and institutional... Learn More → Ingredient List An Ingredient List is a detailed disclosure of all the raw materials or components used... Learn More → Inheritance Tax (Estate Duty) Inheritance Tax, also known as Estate Duty, was a form of tax that the Government... Learn More → Input Service Distributor (ISD) Input Service Distributor (ISD) is a concept under the Goods and Services Tax (GST) system... Learn More → Input Tax Credit Input Tax Credit (ITC) refers to the credit a registered taxpayer can claim for the... Learn More → Input Tax Credit (ITC) Input Tax Credit (ITC) is a fundamental feature of the Goods and Services Tax (GST)... Learn More → Input Tax Distribution Input Tax Distribution refers to the process under the Indian Goods and Services Tax (GST)... Learn More → Insolvency Insolvency, in the Indian business and financial context, refers to a situation where an individual... Learn More → Intangible Assets Intangible assets are non-physical assets that hold significant value for a business. In the Indian... Learn More → Integrity Integrity refers to the quality of being honest, transparent, and morally upright in all business... Learn More → Interest Income Interest Income refers to the earnings received by an individual or business from lending money... Learn More → Interest on Tax Arrears (Section 234A/B/C) Interest on Tax Arrears under Sections 234A, 234B, and 234C of the Income Tax Act... Learn More → Interest on Tax Refund Interest on Tax Refund refers to the additional amount paid by the Income Tax Department... Learn More → Interest on TDS Interest on TDS (Tax Deducted at Source) refers to the penal interest charged by the... Learn More → Interested Parties In the Indian business context, Interested Parties refers to individuals, groups, or organizations that can... Learn More → Interim Budget An Interim Budget in the Indian context is a temporary financial plan presented by the... Learn More → Internal Audit Internal Audit is a systematic process conducted within a company to evaluate and improve the... Learn More → International Taxation International Taxation refers to the set of rules and regulations that govern the taxation of... Learn More → Load More
