ALEATORY - Tax Ninja's Word of the Week

Depending on the throw of a dice or on chance; random. Relating to or denoting music or other forms of art involving elements of random choice (sometimes using statistical or computer techniques) during their compos...

DIALECTIC - Tax Ninja's Word of the Week

Dialectic is defined as the art of determining the truth by the logical exchange of ideas and opinions. It can also be refered as debate between two or more people holding different points of view about a s...

PONZI - Tax Ninja's Word of the Week

A Swindle in which a quick return, made up of money from new investors, on an initial investment lures the victim into much bigger risks. A Ponzi Scheme is a fraudulent investing scam which generates returns fo...

CAMOUFLAGE - Tax Ninja's Word of the Week

CAMOUFLAGE - General Meaning Something that is meant to hide something, or behaviour that is intended to hide the truth. Generally used with respect to the abilit...

KITING - Tax Ninja's Word of the Week

Kiting is the fraudulent use of a financial instrument to obtain additional credit that is not authorized. It is used in banking to refer to the practice of depositing and drawing checks at two or more banks and tak...

Compliance Calendar - January 2021

Compliance Calendar for the month of January 2021 is live now. Compliance Calendar covers Compliance under Income Tax Act, 1961, Compliance under Goods & Service Tax (GST) and Other Statutory Laws. ...

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RES INTEGRA - Tax Ninja's Word of the Week

RES INTEGRA It is refered to some issue which has not yet been determined and resolved. This word is commonly used to refer a statement of law, which is like an open statement and not specif...

COVENANT - Tax Ninja's Word of the Week

an agreement, usually formal, between two or more persons to do or not do something specified. Law. an incidental clause in such an agreement. Ecclesiastical. a solemn agreement between the members of a ...

GARBATRAGE - Tax Ninja's Word of the Week

Garbatrage {Also known as Rumourage} This term is not included in any standard dictionary (even Google got hard time finding this ;) ). This term can be said as a slang or rare word of finance, but it's ...