Articles by CA Umesh Sharma

Higher TDS: Avoid Defaults Due to Inoperative PAN

Posted by CA Umesh Sharma 04 December 2023 12835 Views

Learn why TAN holders are receiving TDS default notices. Discover how inoperative PANs lead to higher TDS rates and how to verify PAN status to prevent issues.

Understanding IPOs: Tax & Companies Act Rules Explained

Posted by CA Umesh Sharma 27 November 2023 1229 Views

Learn about Initial Public Offerings (IPOs), including income tax implications and Companies Act provisions. Discover how share transfers are taxed and key regulations.

ITC Reversal Deadline: Act by 30th Nov for Supplier Non-filing

Posted by CA Umesh Sharma 21 November 2023 6727 Views

Reverse ITC for supplier GSTR-3B non-filing by 30th Nov. Learn about Rule 37(A) and avoid penalties. Check your GSTR-2A for details.

Diwali Gifts & Tax: Know the Rules

Posted by CA Umesh Sharma 20 November 2023 4189 Views

Understand Diwali gift tax implications. Discover exemptions, perquisite rules, and TDS on gifts from employers and more. Stay compliant this festive season!

Diwali Firecrackers & Tax Laws: A Brilliant Comparison

Posted by CA Umesh Sharma 07 November 2023 3682 Views

Discover how Diwali firecrackers mirror tax laws like GST, Income Tax & Companies Act. Learn about compliance, audits & more.

Diwali Book Cleaning: Tax & Company Act Record Keeping

Posted by CA Umesh Sharma 30 October 2023 3913 Views

Learn how to clean and worship your books of accounts this Diwali. Understand record-keeping rules under Income Tax, GST, and Companies Act.

World Cup Cricket Taxes: Stay Financially Safe

Posted by CA Umesh Sharma 16 October 2023 1632 Views

Understand how World Cup cricket earnings, endorsements, and prizes are taxed in India. Learn how players can stay financially compliant.

9 Navratri GST Recommendations Explained

Posted by CA Umesh Sharma 11 October 2023 5133 Views

Discover 9 key GST Council recommendations, from appeal extensions to millet tax changes. Learn how these updates impact your business and navigate the new tax landscape.

Women's Financial Benefits & Tax Advantages in India

Posted by CA Umesh Sharma 25 September 2023 4165 Views

Discover financial benefits and tax advantages for women in India, from Sukanya Samriddhi to Stridhan and entrepreneurship schemes. Empower yourself!

Income Tax Cash Transaction Limits: Avoid Disallowances

Posted by CA Umesh Sharma 12 September 2023 12989 Views

Understand Income Tax Act cash transaction limits. Avoid disallowed expenses and penalties by knowing the rules for cash payments, loans, and deposits.