Legal Dictionary
Plain-English explanations of Indian legal terms, Latin maxims, and procedure — each entry gives you a simple explanation alongside the detailed legal meaning, relevant Acts, and how the term is actually used in court.
- Assessment OrderTax Law Terms
The tax authority's formal determination of a taxpayer's income/tax liability for a period.
- Input Tax CreditTax Law Terms
Credit for GST paid on inputs, available to be set off against GST payable on outputs.
- Show Cause NoticeTax Law Terms
A notice requiring a person to explain why a proposed adverse action should not be taken against them.