Articles by CA Umesh Sharma

Nobel Prize and other Indian Awards are Tax Free?

CA Umesh Sharma 15 December 2014 at 10:25

Karniti Part 67Nobel Prize and other Indian Awards are Tax Free?Arjuna (Fictional Character): Krishna, recently Indian resident Mr. Kailash Satyarthi received Nobel Peace Prize with Malala Yusufzai. This consists of a medal and approximately 6 crores

Modiji Appealed for "Make in India" But NRIs worried about "Tax in India"

CA Umesh Sharma 08 December 2014 at 11:12

KARNITI Part 66Modiji Appealed for "Make in India"But NRIs worried about "Tax in India"Arjuna (Fictional Character): Krishna, The tours across the world of Modiji after becoming the Prime Minister of India has become the topic of discussion for every

Hussh..Finally Income Tax Return e-filed Now Face Revamped Income Tax Department

CA Umesh Sharma 02 December 2014 at 10:57

Karniti Part 65Hussh....Finally Income Tax Return e-filed Now Face Revamped Income Tax Department Arjuna (Fictional Character): Krishna, Income Tax Payer to whom Tax Audit is applicable has become relaxed after e-filing Income tax return on 30th Novembe

Is KVP a tool to convert black money to white?

CA Umesh Sharma 24 November 2014 at 10:38

Karniti Part 64Is it a tool to convert Black Money into White - Kisan Vikas Patra ?Arjuna (Fictional Character): Krishna, recently the Government has reintroduced the investment scheme of Kisan Vikas Patra. There are many questions rega

You decide importance of Majority and resolutions in your business

CA Umesh Sharma 17 November 2014 at 10:36

Karniti part 63You decide importance of Majority and Resolutions in your BusinessArjuna (Fictional Character): Krishna, In Maharashtra State discussion on proving Majority and resolution for proving trust in Government is going on. Its for the

Arye wah! Instructions to reduce hardship of taxpayer in Income Tax Scrutiny

CA Umesh Sharma 10 November 2014 at 10:50

Karniti Part 62Arye wah! Instructions to reduce hardship of taxpayer in Income Tax Scrutiny.Arjuna (Fictional Character): Krishna, recently on 7th November 2014, the Central Board of Direct Taxes has issued instructions for reducing hardship of taxpa

What is the colour of my money - Black or White?

CA Umesh Sharma 03 November 2014 at 10:58

Karniti Part 61What is the colour of my moneyBlack or White?Arjuna (Fictional Character): Krishna, why is there such a lot of confusion over on the colour of money? Supreme Court, Government and citizens are all busy in the discussion of the

Football & Income Tax- Penalty, in both, is Hefty

CA Umesh Sharma 27 October 2014 at 10:28

Arjuna (Fictional Character): Krishna, Diwali was celebrated in pomp and splendor. Following the IPL in Cricket, the "Indian Super League" for football has started. It will be really interesting game

Happy Diwali with crackers of Income Tax

CA Umesh Sharma 21 October 2014 at 10:50

Karniti Part 59Happy Diwali with crackers of Income TaxArjuna (Fictional Character): Krishna, recently the result of Maharashtra & Hariyana States Election is declared. In this some politician's crackers have exploded and someone's got defused. On th

Be Careful - while making transactions in cash!!

CA Umesh Sharma 13 October 2014 at 11:11

Karniti Part 58 Be Carefulwhile making transactions in cash!! Arjuna (Fictional Character): Krishna, Today is 13th October last day for the promotion of Elections. In the chaos of election, crores of rupees were ceased. During this period Ele