Articles by CA Umesh Sharma

Agriculture Income and Expenditure, etc more details asked in New ITR

CA Umesh Sharma 29 June 2015 at 11:05

Karneeti Part 104Agriculture Income and Expenditure, etc more details asked in New ITR.Arjuna (Fictional Character): Krishna, in last week Income Tax Department has issued forms for filling Income Tax Return for Financial Year 2014-15. Which are thes

Your income tax account online so difficulties offline

CA Umesh Sharma 23 June 2015 at 10:41

Karneeti Part 103Your Income Tax Account Online so difficulties Offline Arjuna (Fictional Character): Krishna, nowadays income tax department is sending email named Online Taxpayer Service to all taxpayer, what is it? Krishna (Fictional Character):

Hamari Aadhuri Kahani. Non receipt of Income Tax Refund!

CA Umesh Sharma 16 June 2015 at 11:01

Arjuna (Fictional Character): Income Tax Department has issued Circular No. 09/2015 dated 9th June, 2015 regarding income tax refund. Taxpayer wants Refund of excess of Income Tax paid

School reopens! Unresolved questions of its Fees in Income Tax

CA Umesh Sharma 08 June 2015 at 11:21

Karneeti Part 101School reopens! Unresolved questions of its Fees in Income Tax Arjuna (Fictional Character): Krishna, June is here, Schools / colleges soon will reopen. Therefore Parents are busy in their children�s school preparation. Today

100 things of TAX for common man!!

CA Umesh Sharma 01 June 2015 at 11:00

Karneeti Part 100100 things of TAX for common man.!!Arjuna (Fictional Character): Krishna, Today �Karneeti� is completing its Century and we will continue it. In these �Karneeti� Articles we have discussed about various taxes

Harsh Penalty for Property Transaction in Cash of Rs. 20,000 or more w.e.f. 1st June, 2015

CA Umesh Sharma 25 May 2015 at 10:37

Karneeti Part 90Harsh Penalty for Property Transaction in Cash of Rs. 20,000 or more w.e.f. 1st June, 2015 Arjuna (Fictional Character): Krishna, It is said that black money is used in the transactions of immovable properties. To restrict the use of

Beware of the side effects of TDS on deposits in Co-op banks

CA Umesh Sharma 18 May 2015 at 10:36

Karneeti Part 89 Beware of the side effects of TDS on the Interest of Deposits in Co-op. Banks w.e.f 1st June, 2015Arjuna (Fictional Character): Krishna, Income Tax Department has introduced the provision of TDS deduction on the Interest of Fixed Dep

Deduction of expenditure incurred for exempt income if taken will land in trouble

CA Umesh Sharma 12 May 2015 at 10:20

Karneeti Part 88Deduction of Expenditure incurred for Exempt IncomeIf taken will land in troubleArjuna (Fictional Character): Krishna, expenditure incurred in relation to exempt income is a controversial issue and matter of discussion in these days.

You generously help in Nepal & Get tax Benefits in India

CA Umesh Sharma 05 May 2015 at 10:27

Karneeti Part 87You generously help in Nepal&Get tax Benefits in IndiaArjuna (Fictional Character): Krishna, The whole world has trembled due to the earthquake in Nepal. Due to this earthquake Nepal has suffered terrible financial losses. To come

As my TDS is deducted, no need to file Income Tax Return - A Misunderstanding of Common Man

CA Umesh Sharma 27 April 2015 at 10:50

Karneeti Part 86As my TDS is deducted, no need to file Income Tax Return � A Misunderstanding of Common Man.Arjuna (Fictional Character): Krishna, Income Tax Department is sending notices to Taxpayers for not filling Returns of last 3-4 years