Articles by CA Umesh Sharma

Sale of Developed Plot Under GST: Taxability Explained

Posted by CA Umesh Sharma 10 August 2022 6144 Views

Discover the GST taxability of developed plots. Learn when land development services attract GST and understand exemptions for plot sales.

GST on Renting Residential Property: New Rules Explained

Posted by CA Umesh Sharma 01 August 2022 11335 Views

Understand the new GST rules on renting residential property from July 18, 2022. Discover who pays GST and when reverse charge applies.

Turmeric GST Relief for Commission Agents in Maharashtra

Posted by CA Umesh Sharma 29 July 2022 3678 Views

Find out about the recent Maharashtra GST ruling offering relief to commission agents dealing with turmeric sales in APMC markets. Learn about taxability and exemptions.

File ITR Before July 31st: Avoid Late Fees!

Posted by CA Umesh Sharma 29 July 2022 12498 Views

Don't miss the July 31st ITR deadline! Discover documents needed, consequences of late filing, and how to avoid penalties. File now!

GSTR-1, 3B & 9: Furnish Correct Details Mandatory

Posted by CA Umesh Sharma 29 July 2022 11199 Views

Ensure accurate reporting in GSTR-1, GSTR-3B & GSTR-9. Learn about mandatory details for inter-state supplies, ITC reversals, and GSTR-9 changes.

Compulsory Income Tax Scrutiny Cases: CBDT Guidelines

Posted by CA Umesh Sharma 28 July 2022 10557 Views

Discover the latest CBDT guidelines for compulsory income tax scrutiny. Understand which cases are selected and why, and ensure your tax returns are accurate.

GST Recovery: No Force During Investigation

Posted by CA Umesh Sharma 30 May 2022 5324 Views

Discover how GST investigations prohibit forceful tax recovery. Learn about the legal process and voluntary payment options via DRC-03.

Income Tax Reassessment Notices Validated by Supreme Court

Posted by CA Umesh Sharma 09 May 2022 6999 Views

Supreme Court validates reassessment notices issued between April 2021 and June 2021. Learn how this impacts your tax obligations.

Agriculture Income Scrutiny: Rich Farmers Face Stricter Checks

Posted by CA Umesh Sharma 11 April 2022 15703 Views

Rich farmers earning over £10 lakh agriculture income face stricter scrutiny. Learn what documentation you need to maintain for tax purposes.

Maharashtra Tax Settlement Scheme 2022: Settle Arrears

Posted by CA Umesh Sharma 04 April 2022 8348 Views

Settle old tax, interest, penalty, or late fees with the Maharashtra Settlement of Arrears Scheme 2022. Learn how to apply and benefit from concessions.