Taxes

Source Money Control

 

 

• Abatement
• Abuse of law
• Accelerated depreciation
• Accounting basis
• Accounting period
• Accounting records
• Accounts payable
• Accounts receivable
• Accrual basis (accrual method)
• Administrative expenses
• Advance pricing arrangement (apa)
• Advance ruling
• Affiliation privilege
• Agency
• Aggregation
• Alien, tax treatment of
• Alienation of income
• Allowance
• Amortization
• Amortization method
• Arbitrage, tax
• Assessment
• Audit
• Auxiliary activities
• Auxiliary company
• Avoidance
• Bad debt
• Balancing payment
• Bank secrecy provisions
• Base company
• Base cost
• Bearer securities
• Beneficial owner
• Benefit test
• Benefits in kind
• Best method rule
• Bilateral advance pricing arrangement (bapa) apa
• Book value
• Brackets
• Branch tax
• Business purpose test
• Buy-in payment
• Buy-out payment
• Capital assets
• Capital expenditure
• Capital gain
• Capital loss
• Capital tax
• Capitalize
• Captive bank
• Carryover
• Cash basis (cash method)
• Central management and control
• Commodity tax
• Comparable uncontrolled price (cup) method
• Compensating adjustment
• Compensation
• Compensatory stock options
• Competent authority (ca)
• Conduit approach
• Consolidated tax return
• Constructive dividend
• Constructive ownership
• Consumption tax
• Control
• Corporate income tax
• Corporation shopping
• Corresponding adjustment
• Credit, foreign tax
• Credit, tax
• Credit, underlying (indirect) tax
• Credit, withholding tax
• Current assets
• Customs duties
• De minimis
• Death duties
• Debt dumping
• Debt/equity ratio
• Debtor
• Deduction at source
• Deductions
• Deferment of tax
• Deferred income
• Deficiency
• Dependent personal services
• Depletion
• Destination principle
• Direct charge method a
• Direct tax
• Double taxation treaty
• Double taxation, domestic and international
• Double taxation, economic and juridical
• Dta
• Dual residence
• Earnings before taxes
• Earnings stripping
• Economic double taxation
• Effective tax rate
• Entity
• Environmental tax
• Equal treatment
• Estate duty/tax
• Estimated assessment
• Evasion
• Examination
• Exchange of information
• Excise tax
• Exclusions
• Exemption method
• Exemptions
• Expatriation rules
• Expenses
• Export duty
• Extended limited tax liability
• Fee
• Field audit
• Final tax
• Fiscal policy
• Fiscal transparency
• Fiscal year
• Fixed income
• Flat tax
• Floors
• Force of attraction
• Foreign exchange tax
• Foreign tax relief
• Foreign-source income
• Forfait
• Fraud
• Fringe benefits
• Frivolous position
• Frontier workers
• Fruit and tree doctrine
• Generation-skipping tax
• Global income tax
• Goods and sales tax vat
• Graduated rate
• Grandfather clause
• Gross income
• Gross income, taxes on
• Gross profits tax
• Gross up
• Group treatment
• Habitual abode
• Hardship clause
• Head office expenses
• Hidden tax
• Horizontal equity
• Hybrid accounting methods
• Import duty
• Impost
• Imputation system
• Imputed income
• Imputed interest
• Incidence of tax
• Income splitting
• Income subject to tax
• Income tax credit
• Indirect tax
• Indirect tax credit
• Indirect-charge method
• Information return
• Input tax
• Insolvency
• International double taxation
• International taxation
• Investment
• Investment allowance
• Investment deduction
• Investment incentives
• Investment method
• Investment reserve
• Invoice basis
• Invoice company
• Jeopardy assessment
• Juridical double taxation
• Jurisdiction

• Legal entity
• Legal reserve
• Level playing field
• Limitation on benefits provision
• Local tax
• Looking through
• Loophole
• Loss relief
• Lottery tax
• Lump-sum deductions
• Lump-sum exempt amounts
• Lump-sum rates
• Lump-sum taxation
• Luxury taxes
• Malpractice
• Management expenses
• Marginal rate of tax
• Mark to market
• Memorandum of understanding (mou)
• Minimum tax
• Ministry of finance (mof)
• Mixer company
• Mortgage tax
• Motive test
• Multi-stage tax system
• Nationality principle
• Negative income tax
• Net income
• Net operating loss
• Net profit
• Net profit margin
• Net wealth tax
• Net worth tax
• Non-discrimination
• Non-recourse debt
• Non-resident
• Non-resident alien
• Notice of assessment
• Offence, tax
• Office audit
• One hundred and eighty-three (183) days’ rule
• Onus of proof
• Operating lease
• Option to be taxed
• Origin principle
• Other income
• Output tax
• Overhead expenses
• Paid-in capital
• Payroll tax
• Penalties
• Permanent establishment (pe)
• Personal allowances
• Personal holding company
• Power of attorney
• Pre-tax profits
• Premium at the issue of shares
• Presumptive taxation
• Primary adjustment
• Private ruling
• Privilege (diplomatic)
• Privileged tax regime
• Pro rata rule
• Profit ratio
• Profit shifting
• Profits tax
• Progression
• Property tax
• Protocol
• Provisional assessment
• Quarantining
• Rebate
• Reciprocity principle
• Recovery of tax
• Reduced rates
• Refund (of tax)
• Residence principle of taxation
• Resident
• Resident alien
• Restricted stock plan
• Retail sales tax
• Retained earnings
• Retroactive effect
• Return
• Return of capital
• Revenue neutrality
• Ring fence
• Rollover relief
• Round trip transaction
• Royalties
• Ruling
• Safe harbour
• Sales tax
• Schedular tax system
• Second-tier subsidiary
• Secondary adjustment
• Secret comparable
• Self-assessment
• Separate taxation
• Sham transaction
• Shell company
• Shifting an incidence of taxation
• Short-term capital gains
• Single entity approach
• Single taxpayer
• Situs rule
• Small business relief
• Small traders, special tax regime for
• Soak-up tax
• Source of income
• Source principle of taxation
• Source rule
• Stamp duties
• Statute of limitations
• Stock exchange turnover tax
• Subsidiary company
• Substance over form doctrine
• Supplemental assessment
• Tax
• Tax agent
• Tax authorities
• Tax avoidance
• Tax bill
• Tax burden
• Tax clearance certificate
• Tax compliance
• Tax declaration
• Tax evasion
• Tax exile
• Tax expenditure
• Tax foreclosure
• Tax form
• Tax haven
• Tax holiday
• Tax home
• Tax information exchange agreement (ties)
• Tax law, sources of
• Tax on tax
• Tax planning
• Tax relief
• Tax return
• Tax secrecy
• Tax shelter
• Tax sparing credit
• Tax threshold
• Tax treaty
• Tax unit
• Tax-free zone
• Taxable base
• Taxable event
• Taxable period
• Taxable year
• Taxation at source
• Taxpayer identification number
• Temporary importation
• Terrtoriality principle
• Tiebreaker rule
• Transaction taxes
• Transfer tax
• Transportation tax
• Turnover tax
• Underlying tax
• Undistributed profits tax
• Undue hardship
• Unitary tax system
• Use tax
• Valuation principles
• Value added tax (vat)
• Vertical equity
• Wage tax
• Wear and tear
• Withdrawals
• Withholding tax
• World wide income
• Written down value
• Zero rate
• “On call” services

 

FAQs:

• Can anyone else sign the form on my behalf?
• Do I need to pay tax on gifts received?
• If I have paid more tax when filing my returns, will it be refunded?
• Is the income tax act applicable only to residents?
• What are receipts? Are all receipts considered as income?
• What are the benefits of filing my income tax returns?
• What are the charges if I file income tax returns after the due date?
• What documents do I need to file my income tax return?
• What happens if the form is not signed properly?
• What is assessment year? What is the difference between assessment and previous year?
• What is considered as income?
• What is income tax?
• What is the last date for filing your income tax returns?
• What is the period for which my income is calculated?
• What should I keep in mind while filing my returns?
• Where do I file my income tax returns?
• Which ITR Form is applicable to me?
• Who are my relatives?
• Who is a resident of India?
• Why should I file income tax returns?
• Why should I pay income tax?