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

Happy Man's Shirt

Posted by Amol Gopal Kabra (CA,CS,DISA) 14 July 2011 31931 Views

Many amongst us know the story of the King who was in search of happiness. Still, Ill discuss it here so that you recall it. Long time ago there was a king who was very anxious and so he was not happy for n number of reasons. He had lot of

Stress - How to Handle it?

Posted by Amol Gopal Kabra (CA,CS,DISA) 13 July 2011 11026 Views

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

Posted by Amol Gopal Kabra (CA,CS,DISA) 11 May 2011 239744 Views

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

Posted by Amol Gopal Kabra (CA,CS,DISA) 02 May 2011 226661 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

An overview of Section 194 J of Income Tax

Posted by Amol Gopal Kabra (CA,CS,DISA) 16 December 2009 104376 Views

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.

Posted by Amol Gopal Kabra (CA,CS,DISA) 15 December 2009 82858 Views

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