AllABCDEFGHIJKLMNOPQRSTUVWXYZ R Radiation and Irradiated Food In the Indian context, Radiation refers to the use of controlled energy waves, such as... Learn More → Real Estate Real estate in the Indian context refers to land and any permanent structures attached to... Learn More → Real Estate Investment Trust (REIT) Real Estate Investment Trust (REIT) is a company or trust that owns, operates, or finances... Learn More → Reassessment Reassessment refers to the process in which the Income Tax Department re-evaluates a taxpayer’s income... Learn More → Rebate In the Indian finance and taxation context, a rebate refers to a reduction or refund... Learn More → Rebate under Section 87A Rebate under Section 87A is a tax benefit provided to individual taxpayers in India to... Learn More → Recall Plan A Recall Plan is a documented procedure that businesses, especially those involved in food and... Learn More → Recertification Audit A Recertification Audit is a formal review process conducted by a certification body to renew... Learn More → Record Control Record Control refers to the systematic process of creating, naming, storing, protecting, retrieving, retaining, and... Learn More → Rectification In the Indian finance, taxation, and compliance context, rectification refers to the process of correcting... Learn More → Rectification of Mistake Rectification of Mistake refers to the correction of an error that is apparent on the... Learn More → Rectification under Section 154 Rectification under Section 154 refers to the process of correcting any apparent mistakes or errors... Learn More → Reference to High Court Reference to High Court is a legal process used in the Indian tax system when... Learn More → Refund In the Indian finance and taxation context, a refund refers to the amount of money... Learn More → Refund of Tax Refund of Tax refers to the amount returned by the Income Tax Department to a... Learn More → Regional e-Assessment Units (ReACs) Department of India to carry out faceless assessments of income tax returns. They function as... Learn More → Registration Certificate A Registration Certificate is an official document issued by a government authority that confirms a... Learn More → Registration Fees Registration Fees refer to the official charges or payments made to a government authority or... Learn More → Regulatory Authority A Regulatory Authority in India is a government-appointed body or agency responsible for creating, monitoring,... Learn More → Remission of Penalty Remission of penalty refers to the partial or complete waiver of a penalty that a... Learn More → Renewal of License Renewal of License refers to the process of extending the validity of an existing business... Learn More → Reserve Bank of India (RBI) The Reserve Bank of India (RBI) is the central bank of India, responsible for regulating... Learn More → Residence Rule of Taxation The Residence Rule of Taxation in India is a fundamental principle used to determine an... Learn More → Resident In the Indian context, a Resident refers to an individual or entity that meets certain... Learn More → Resident but Not Ordinarily Resident (RNOR) Resident but Not Ordinarily Resident (RNOR) is a specific tax residency status defined under Indian... Learn More → Residential Status Residential Status in the Indian context refers to an individual’s or entity’s classification based on... Learn More → Revenue Expenditure Revenue Expenditure refers to the day-to-day operating expenses a business incurs to maintain its routine... Learn More → Reverse Charge Liability Reverse Charge Liability is a concept under the Indian Goods and Services Tax (GST) system... Learn More → Reverse Charge Mechanism (RCM) Reverse Charge Mechanism (RCM) is a system under India’s Goods and Services Tax (GST) where... Learn More → Reverse Charge on Unregistered Supplier Reverse Charge on Unregistered Supplier is a concept under the Indian Goods and Services Tax... Learn More → Revised Return A Revised Return is an updated version of your original income tax return filed under... Learn More → Revision Revision refers to the process of correcting or updating information in previously filed or submitted... Learn More → Revision under Section 263 Revision under Section 263 refers to the power of the Income Tax Department in India... Learn More → Revision under Section 264 Revision under Section 264 of the Income Tax Act, 1961, allows a taxpayer to request... Learn More → Revocation of Cancellation Revocation of Cancellation refers to the process by which a previously cancelled registration under Indian... Learn More → Risk Assessment Risk Assessment in the Indian business and taxation context refers to the process of identifying,... Learn More → Risk Management Risk Management refers to the process of identifying, assessing, and controlling potential risks that could... Learn More → Risk-based Thinking Risk-based thinking is a proactive approach that involves identifying, assessing, and managing potential risks and... Learn More → Root Cause Analysis Root Cause Analysis (RCA) is a structured method used to identify the underlying reason for... Learn More → Royalty Income Royalty Income refers to the earnings an individual or business receives for allowing others to... Learn More → Rural Agricultural Land Rural Agricultural Land refers to farmland located in areas outside city limits, typically in villages... Learn More →