Articles by Amol Gopal Kabra (CA,CS,DISA)

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Stress - How to Handle it?

  Amol Gopal Kabra (CA,CS,DISA)    13 July 2011 at 12:57

One thing that every human has got by birth is Stress or what we call it in our customary language as Tension. There is no person in this universe that is free of tension. It is an inherent part of our lives. A school going kid has the



New Section 44AD - Text and Discussion

  Amol Gopal Kabra (CA,CS,DISA)    11 May 2011 at 13:51

An overview of New Section 44AD of the Income Tax Act, 1961 that comes into effect from A.Y. 2011-2012 Section: 44AD Special provision for computing profits and gains of business on presumptive basis. (1) Notwithstanding anything



Most Ignored Section 80GG - Deductions in Respect of Rents

  Amol Gopal Kabra (CA,CS,DISA)    02 May 2011 at 11:27

SECTION 80GG DEDUCTIONS IN RESPECT OF RENTS PAID Section 80GG is a little ignored Section of the Income Tax Act, 1961. This section provides deductions to those individuals who dont get any benefit of the amount paid towards rented accomm



An overview of Section 194 J of Income Tax

  Amol Gopal Kabra (CA,CS,DISA)    16 December 2009 at 13:55

Section 194 J – An overview (Effective 1.10.2009) Section 194J of the Income Tax Act, 1961 has the heading a “Fees for Professional and Technical Services”. However the Section covers the following categories 1. Fees for Profe



Section 194 C of Income Tax, An overwiew.

  Amol Gopal Kabra (CA,CS,DISA)    15 December 2009 at 15:14

Section 194C - An overview (Effective 1.10.2009) Section 194C of Income Tax Act, 1961 covers “Payment to Contractors and Sub-contractors”. Even if the words contractors and sub-contractors are given, it also covers other types like works