FinTax24

Glossary

Terms Starting with "D"

7 terms found

Depreciation

Depreciation spreads the cost of an asset over the years you use it. You claim it in your ITR to cut the tax you pay. The Income Tax Act sets the rules.

Accounting & Audit

Design Registration

Registration of the visual design of an article (shape, configuration, pattern, ornament) that appeals to the eye, under the Designs Act, 2000.

Intellectual Property

DIN

DIN is the ID you get when you are a company director. The MCA gives you 8 digits for life. You need it to join the board of a company you work in.

Company Law

Dividend

Dividend is the part a company gives to its owners. The Board of Directors must sign it. It must be paid to you in 30 days. TDS is taken off it.

Accounting & Audit

DSC

DSC is your digital sign for filing on government portals. It shows who sent the file. You buy it from a trusted firm. You use it for tax and MCA work.

Company Law

DSC

Electronic signature token mandated for MCA, IT, GST, EPFO, and DGFT filings.

Company Law

DTAA

DTAA is the treaty India signs with another country. It stops you paying tax twice on the same income. You claim relief with Form 10F and a TRC.

FEMA & International Tax