Terms Starting with "A"

8 terms found

Advance Ruling

A binding pre-transaction clarification on how tax law applies to your specific facts.

Income tax paid in advance during the financial year in four quarterly instalments instead of a lump sum on 31 March.

Annual General Meeting — a yearly meeting of a company's shareholders required under Section 96 of the Companies Act, 2013.

Consolidated portal statement of a taxpayer’s transactions and tax credits for a financial year.

AIS = raw transactional pass-through; TIS = category-grouped processed summary.

Alternative minimum tax on non-corporate taxpayers based on adjusted total income.

Articles of Association — the internal rulebook of a company governing the relationship between members and directors.

A systematic, independent examination of financial records, statements, and supporting documents to express an opinion on their truth and fairness.