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

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Relative - Section 2(77) of the Companies Act, 2013

Posted by Amol Gopal Kabra (CA,CS,DISA) 17 June 2025 38955 Views

In the earlier article, I have discussed the �related party� as per section 2(76) of the Companies Act, 2013. In that definition, we have come across the word �relative� a number of times. As such the word is vague. However, t



Late Fees on GSTR 9C - Whether Leviable?

Posted by Amol Gopal Kabra (CA,CS,DISA) 25 January 2025 912 Views

Let us discuss the applicability of late fees on the filing of GSTR-9C.



Most Ignored Section 80GG - Deductions in Respect of Rents

Posted by Amol Gopal Kabra (CA,CS,DISA) 20 September 2023 226671 Views

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



Related Party- Section 2(76) of the Companies Act, 2013

Posted by Amol Gopal Kabra (CA,CS,DISA) 30 January 2021 117353 Views

�Related party� has got a lot of significance in the public reporting scenario. In case of public companies public and society stake is involved and in case of private companies, even if public stake is not involved, the stake of other el



GST Impact on Reorganisation of Jammu and Kashmir

Posted by Amol Gopal Kabra (CA,CS,DISA) 09 March 2020 8122 Views

Our nation witnessed a drastic change on 1st July, 2017 when Goods and Services Tax was implemented. However, the same was not applicable to the State of Jammu and Kashmir with effect from 1st July, 2017. The State of Jammu and Kashmir adopted GST on 7th July, 2017 and accordingly Goods and Services Tax was implemented in Jammu and Kashmir with effect from 8th July, 2017.



Google Tax : Equilisation levy introduced by Finance Act, 2016

Posted by Amol Gopal Kabra (CA,CS,DISA) 18 August 2019 7973 Views

INTRODUCTION The last two decades have witnessed momentous change in technology. The entire globe has been moving towards digitization in a lightening speed. Th...



Taxation of Gifts under Income Tax Act, 1961

Posted by Amol Gopal Kabra (CA,CS,DISA) 17 August 2019 13271 Views

BACKGROUNDGifts have always been a topic of hot discussion as far as income tax laws in India are concerned. We have experienced a lot of changes in taxability ...



Are you prepared to Die?

Posted by Amol Gopal Kabra (CA,CS,DISA) 15 November 2017 5112 Views

An article about the critical financial planing for and after the life



Section 80IBA - Deduction for Affordable Housing Projects

Posted by Amol Gopal Kabra (CA,CS,DISA) 04 July 2017 25196 Views

This article deals with deduction from income earned from housing projects from AY 2017-2018.



Substance over Form

Posted by Amol Gopal Kabra (CA,CS,DISA) 09 June 2014 123585 Views

The concept of substance over form is very difficult to understand for the students in the initial stage. Owing to initial confusion many students either keep it in option or even if they study, dont understand it fully. I have made a short at




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