Articles by CA Umesh Sharma

GSTR-1 vs GSTR-3B: Recovery Explained

Posted by CA Umesh Sharma 11 January 2022 14126 Views

Understand the difference between GSTR-1 and GSTR-3B and when recovery of tax can be initiated. Learn how to avoid penalties and ensure compliance.

File GSTR-1 On Time: Avoid GST Litigation & ITC Issues

Posted by CA Umesh Sharma 03 January 2022 10240 Views

Ensure timely and accurate GSTR-1 filing to prevent ITC claims issues for recipients and avoid potential litigation. Learn the consequences of late or incorrect filings.

GSTR-2A ITC Rules: What Changes from Jan 1, 2022?

Posted by CA Umesh Sharma 27 December 2021 13080 Views

Understand the new GSTR-2A ITC availment rules from Jan 1, 2022. Learn how invoice matching impacts your claims and what steps to take.

Diwali Bookkeeping: Clear Old Accounts & Legal Requirements

Posted by CA Umesh Sharma 01 November 2021 6500 Views

Prepare for Diwali by clearing old accounts. Discover legal record-keeping periods under Income Tax, GST, and Companies Act. Ensure compliance.

Mutual Fund SIP Taxation: Tax Benefits & Capital Gains

Posted by CA Umesh Sharma 19 October 2021 10387 Views

Understand mutual fund SIP taxation. Learn about Section 80C deductions for ELSS SIPs and capital gains tax on equity and debt funds. Invest wisely!

September 2021 GST Return: 10 Key Filing Points

Posted by CA Umesh Sharma 13 October 2021 15961 Views

File your September 2021 GST return accurately. Discover 10 crucial points for suppliers & recipients, including ITC claims, credit notes, and reconciliations.

New Income Tax Portal: Side Effects of Glitches

Posted by CA Umesh Sharma 08 October 2021 12112 Views

Discover the side effects of the new Income Tax portal's poor functioning, including extended deadlines, delayed filings, and impacts on businesses and tax consultants.

GST Rate Changes: New Rules & Effective Dates

Posted by CA Umesh Sharma 06 October 2021 5432 Views

Discover the latest GST rate changes effective from 1st October 2021, including new services and goods added to the schedule. Stay informed!

Sept GST Return: Key Pre-Filing Checks & Actions

Posted by CA Umesh Sharma 13 September 2021 10759 Views

Ensure compliance for your Sept 2021 GST return. Learn crucial checks for inward and outward supplies, ITC claims, and amendments before the deadline.