Articles by CA Umesh Sharma

Union Budget 2022: Taxpayer Expectations & Relief

Posted by CA Umesh Sharma 31 January 2022 4345 Views

Discover what taxpayers can expect from the Union Budget 2022. Learn about potential changes to income tax, deductions, and crypto asset clarity.

Union Budget Process Explained: From Preparation to Approval

Posted by CA Umesh Sharma 24 January 2022 6048 Views

Understand the Union Budget process in India. Learn how it's prepared, presented, discussed, and approved in Parliament. Get key insights.

Budgeting Basics: Personal vs. Union

Posted by CA Umesh Sharma 31 January 2022 3958 Views

Discover the importance of budgeting for personal finances, businesses, and the nation. Learn how to manage your money effectively.

GSTR-1 vs GSTR-3B: Recovery Explained

Posted by CA Umesh Sharma 11 January 2022 14128 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 10251 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 13108 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 6504 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 10405 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 16006 Views

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