What does ITNS mean in income tax ITNS stands for “Income Tax Challan Non-System”. It is a type of challan used for payment of income tax, where the payment is made offline through banks or at the designated collection centers. This challan contains details such as the name of the taxpayer, address, PAN number, assessment… Read More »
Difference between revenue and tax Difference between revenue and tax are so many. Both Revenue and tax are two distinct concepts in the realm of finance and government. Revenue refers to the funds or income generated by individuals, businesses, or governments through various channels, including sales, services, investments, and taxes. It represents the overall amount… Read More »
Capital and Non-Current Capital Capital and Non-Current Capital, it is not a commonly used term in the fields of accounting or finance. It is possible that you may be referring to non-current assets, which are assets that are expected to provide economic benefits to a company for more than one year. Property, plant, and equipment,… Read More »