Articles by CA Umesh Sharma

Small MVAT changes but a big effect on small dealers

CA Umesh Sharma 04 May 2016 at 10:49

Arjun (Fictional character): Krishna, this year from April 2016 onwards the Maharashtra Sales Tax Departments has brought various small amendments in the VAT system. Because of these changes the small dealers covered under the composition scheme have

New MVAT return system turning superfast as the IPL inning

CA Umesh Sharma 02 May 2016 at 10:33

Arjun (Fictional character): Krishna, From April 2016, Maharashtra Sales Tax Department has introduced new SAP system and brought various changes in VAT returns. Now bill wise details will have to be given for sales and purchase and many more changes

Maharashtra Settlement of Arrears in Dispute Act 2016 a new law

CA Umesh Sharma 18 April 2016 at 16:47

Arjun (Fictional character): Krishna, this year Central Government has introduced various new provisions in the budget to settle tax related old disputes. Following that, the state government also has brought up law to settle the disputes between tax

Sone Ki "Chidiya" ko Tax ki "Bediya"

CA Umesh Sharma 13 April 2016 at 10:39

Arjun (Fictional character): Krishna, what is the reason of agitation held by Jewellers across the Country. Why there businesses are closed from so many days? Let us discu

Movies and Income Tax returns, what's the similarity?

CA Umesh Sharma 06 April 2016 at 11:01

Karneeti Part � 123 Movies and Income Tax returns, what�s the similarity?Arjun (Fictional character): Krishna, what are the changes made in the New Income Tax return forms (ITR forms) from 1st April 2016? Just like new sequels of films ha

Stumping out! Taxpayer, if March ending tax works not timely carried out

CA Umesh Sharma 29 March 2016 at 11:44

Arjuna (Fictional Character): Krishna, Currently the T-20 Cricket World Cup is on. Dhoni's stumping in the India v/s Bangladesh match is all over the news. The Financial Y

Holi and Maharashtra State Budget, Cheerful Farmers and Stressful Taxpayers?

CA Umesh Sharma 22 March 2016 at 11:17

Arjuna (Fictional Character): Krishna, Honorable Finance Minister of Maharashtra, Mr. Sudhir Mangutwar has announced the State Budget for Maharashtra State on the of 18th Marc

Builders ko Real Estate Bill ki "Chowkat" nahi to taklif "Chowpat"

CA Umesh Sharma 15 March 2016 at 10:44

KARNEETI Part 120Builders ko Real Estate Bill ki �Chowkat� nahi to taklif �Chowpat�.Arjuna (Fictional Character): Krishna, In India there are more than 76 thousand registered Real Estate Companies. Also, there are lakhs of sma

Fair, Lovely & Ugly From Jaitley's potli

CA Umesh Sharma 08 March 2016 at 11:07

Arjuna (Fictional Character): Krishna, Government has announced Budget on 29th February 2016 for the Year 2016-17. On this Various persons expressed their views. As every coin has two sides, likewise

Preparation of State Govt. before Budget

CA Umesh Sharma 29 February 2016 at 17:42

Preparation of State Govt. before BudgetGive bill wise Purchases and SalesArjuna (Fictional Character): Krishna, Maharashtra Sales Tax Department has proposed changes in the process and procedures of filing of returns, registration, assessment, appea