A

Accrual of Income

34, 48, 50

Accrued Loss

76

Additional Ground

36, 55, 161, 162, 164, 165, 176

Associated Enterprises

135, 139

Avoidance Agreement

54, 61

B

Bad debts

88, 89, 90, 91, 92, 93

Bar of limitation

172

Blending and processing

66, 67

Block assessment

144, 149, 150, 151, 152, 153, 155, 175

Block of assets

79, 81, 106

Book profits

141, 142

Books of account

32, 69, 88, 90, 91, 93, 98, 147, 152

Business connections

51, 52, 53, 54, 55, 56, 58, 59, 74, 164

Business expenditure

94, 95, 96, 97

Business loss

63, 76, 77, 88, 113, 116, 117, 118

C

Calendar months

111, 112

Capital assets

78, 109, 116, 117

Capital loss

77, 103, 104, 120, 121

Capital receipt

34, 36, 37, 38, 39, 42, 43, 44, 70, 71, 99

Charitable purposes

68, 69

Colourable Device

33, 113

Commercial expediency

87

Compensation

34, 38, 49, 50, 70, 71

Cost of acquisition

150, 102, 104, 105, 107, 109

D

Deductions

87, 100, 123, 124, 130, 131

Deemed dividend

31

Depreciable assets

45, 79, 106, 109

Depreciation

45, 77, 79, 80, 81, 82, 83, 84, 85, 86, 94, 95, 106, 109, 116, 130, 131

Dividend income

114, 117, 118

Due date

64, 65

E

Enduring benefit

83, 94, 95, 97, 98

ESOP

96

Excess refund

159

Excise duty

36, 100, 101

Exemption

27, 43, 64, 65, 66, 67, 68, 69, 109, 124, 129

Expansion of Industry

43

Export business

122

F

Fixed capital

97, 98

Fluctuation loss

76, 78

Foreign bank

46

Foreign company

55, 59

Free trade zone

63, 64, 67

G

General public utility

68, 69

Gift

105

H

Housing projects

128

Indexed Cost

105

I

Industrial undertakings

126, 127, 130, 131

Infrastructural facility

147

Intangible asset

83, 84

Interest on refund

132, 133

L

Late payment

126, 127

Lender Company

31

M

Manufacture

58, 66, 67, 68, 116, 135, 137

Mesne Profit

37, 38, 39, 42

Merger

102

Miscellaneous application

143, 163

MODVAT credit

100, 101

Months

37, 51, 54, 70, 71, 101, 110, 111, 112, 145, 155, 172, 173, 174

Mushrooms

27, 28,

Mutual funds

113, 114

N

Negative net worth

107, 108, 162

Non compete fee

70, 71

Notional interest

87

Notional Loss

77, 103, 104

O

Offshore

58

P

Panchanama

155, 156

Penalty

150, 158, 172, 172, 174

Permanent Establishment

47, 53, 54, 55, 56, 57, 58, 59, 60, 124, 164

Perquisite

60, 70, 71

Place of business

53, 54, 59, 60

Previous owner

105

Principle of Mutuality

40, 41

Procedural defect

149

Production

27, 28, 44, 66, 67, 77, 116

Profits in lieu of salary

70, 71

Proportionate deduction

128

R

Recording of satisfaction

151, 152

Rectification

68, 160, 163

Reframing the question

163

Rental income

72, 73, 74, 75

Revaluation of stock

32

Revenue Expenditure

94, 97, 98, 166, 167

Revenue loss

77

Revised return

158

Revision

170, 171

Router’ and ‘Switches

81

Royalty

55, 57, 61, 62, 135, 164

S

Satellite

52, 61, 62

Share broker

88, 89, 90, 91, 92, 93, 113

Shareholder

31, 70, 103, 104

Sister concern

87

Six months

101, 110, 111, 112, 172, 173

Slump sale

107, 108, 162

Software

54, 55, 57, 58, 59, 70, 81, 82, 94, 95, 124, 138, 140

Specified asset

110

Specified rate

83, 84

Speculation business

118

Stamp valuation

109

Stock in trade

32, 33, 72, 73, 74, 117, 118

Subordinate authorities

143

Subsidy

43, 44, 45

Supply of Equipment

54, 55, 57, 58, 59

T

Tenancy rights

102

Time share membership fees

48

Trading debt

88, 92, 93

Trading liability

99,

U

Unabated assessment

147

Unabsorbed depreciation

85, 86

Undisclosed income

144, 147, 151, 152, 153, 154

V

Vested right

120

Y

Year of receipt

49, 50

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