Common Acronyms and Their Full Form in Income Tax
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A full form typically represents the complete version of an acronym or abbreviation. In the realm of income tax filing, registration, and other tax-related activities, numerous short names and acronyms are commonly used, such as ITR (Income Tax Return). To assist you in understanding these terms, we have compiled a list of the most frequently used acronyms and their full forms in income tax.
| Short Name | Full Form / Meaning |
| CPC | Central Processing Centre |
| CRN | Challan Reference Number |
| AIS | Annual Information Statement |
| CBDT | Central Board of Direct Taxes |
| TAN | Tax Deduction and Collection Account Number |
| RPF | Recognized Provident Fund |
| BOI | Body of Individuals |
| ITR | Income Tax Return |
| AJP | Artificial Juridical Person |
| ITO | Income Tax Officer |
| CCIT | Chief Commissioner of Income Tax |
| ERV | Estimated Rental Value |
| PCIT | Principal Commissioner of Income Tax |
| AO | Assessing Officer |
| PAN | Permanent Account Number |
| MRV | Municipal Rental Value |
| LLP | Limited Liability Partnership |
| SPF | Statutory Provident Fund |
| UTI | Unit Trust of India |
| TRO | Tax Recovery Officers |
| TIS | Taxpayer Information Summary |
| EVC | Electronic Verification Code |
| CIN | Corporate Identification Number |
| CCA | City Compensatory Allowance |
| NPS | National Pension Scheme |
| GTI | Gross Total Income |
| TRP | Tax Return Preparer |
| PPF | Public Provident Fund |
| URPF | Unrecognised Provident Fund |
| TIN | Taxpayer Identification Number |
| AOP | Association of Persons |
| CIT | Corporate Income Tax |
| HUF | Hindu Undivided Family |
| TDS | Tax Deducted at Source |
| TCS | Tax Collected at Source |
| CII | Cost Inflation Index |
| DTC | Direct Tax Code |
| DIN | Document Identification Number |
| PGBP | Profits and Gains of Business and Profession |
| NSC | National Savings Certificate |
| AMT | Alternative Minimum Tax |
| GIS | Group Insurance Scheme |
| WDV | Written-Down Value |
| SFT | Statement of Financial Transactions |
| WEF | World Economic Forum |
| DCIT | Deputy Commissioner of Income Tax |
| ITAT | Income Tax Appellate Tribunal |
| HBA | House Building Advance |
| HEC | Health and Education Cess |
| DIT | Directorate of Income Tax |
| ACIT | Assistant Commissioner of Income Tax |
| CPS | Contributory Pension Scheme |
| DRP | Dispute Resolution Panel |
| FDR | Fixed Deposit Receipt |
| ED | Enforcement Directorate |
| FRV | Fair Rental Value |
| GAV | Gross Annual Value |
| IRS | Indian Revenue Service |
| CASS | Computer-Assisted Scrutiny Selection |
| ITS | Income Tax Slabs |
| ITD | Income Tax Declaration |
| HRA | House Rent Allowance |
| ITC | Input Tax Credit |
| PAO | Pay and Accounts Office |
| LIP | Life Insurance Premium |
| ULIP | Unit Linked Insurance Plan |
| RFA | Rent Free Accommodations |
| PCI | Per Capita Income |
A full form typically represents the complete version of an acronym or abbreviation. In the realm of income tax filing, registration, and other tax-related activities, numerous short names and acronyms are commonly used, such as ITR (Income Tax Return). To assist you in understanding these terms, we have compiled a list of the most frequently…