Articles by CA Umesh Sharma

Exponential Rise in Rate of Interest of Service Tax

CA Umesh Sharma 07 October 2014 at 10:37

Karniti Part 57 In October Heat Exponential Rise in Rate of Interest of Service TaxArjuna (Fictional Character): Krishna, October months heat has started. In this by increasing rate of interest of service tax from 1st October 2014 the departme

Breaking Partnerships

CA Umesh Sharma 30 September 2014 at 11:22

Karniti Part 56Breaking PartnershipsPartnerships, Politics and its TaxationArjuna (Fictional Character): Krishna, what is going on? All over Maharashtra the discussion of breaking of partnerships by political parties are happening. However, if the sa

Big change in Small retailers MVAT composition scheme from October

CA Umesh Sharma 23 September 2014 at 13:21

Karniti part 55 "Big" change in "Small" retailers MVAT composition scheme from October.Arjuna (Fictional Character): Krishna, what big changes has been made by Sales tax Department in Composition scheme for the small retail deal

In Pitru Paksha memorizing ancestors & their property taxation

CA Umesh Sharma 15 September 2014 at 10:50

Karniti Part 54:In Pitru Paksha memorizing ancestors & their property taxation.Arjuna (Fictional Character): Krishna, the fortnight starting from 9th September to 23rd September is called as pitrupaksha or shrad

Ganpati Bappa, take away old complicated laws and come with new simple laws next year

CA Umesh Sharma 08 September 2014 at 11:03

Karniti part 53GANPATI BAPPA, TAKE AWAY OLD COMPLICATED LAWS ANDCOME WITH NEW SIMPLE LAWS NEXT YEAR Arjuna (Fictional Character): Krishna, Today is Ananat chaturdashi. Devotees will end this joyful Ganesh festival by dissolving Idol of

Dear Vighnaharta, what should be first Income tax return or tax audit report?

CA Umesh Sharma 02 September 2014 at 11:09

Karniti Part 52 Dear Vighnaharta .., what should be first, Income tax return or Tax Audit report? Please remove the Vighna (complications) Arjuna (Fictional Character): Krishna, the festival of Lord of Wisdom Shri Ganesha is being celebrated

Why is Maharashtra States Businessmen's mood off? It's due to issues of MVAT setoff

CA Umesh Sharma 26 August 2014 at 10:40

Karniti Part 51:Why is Maharashtra States Businessmen's mood OFF? It's due to issues of MVAT SETOFF. Arjuna (Fictional Character): Krishna, businessman

India is My Country and To Pay Others Taxes is also My Duty

CA Umesh Sharma 18 August 2014 at 18:38

Karniti Part 50India is My Country and To Pay Others Taxes is also My DutyArjuna (Fictional Character): Krishna, In India on 15th August 68th Independence Day and on 17th August Shri Krishna Jannamashtmi was celebrated. Bhagwadgita has narrated the

For MVAT followers No "Raksha" Only "Bandhan"

CA Umesh Sharma 11 August 2014 at 11:04

Karniti part 49For MVAT followers No Raksha Only Bandhan Arjuna (Fictional Character): Krishna, yesterday festival of Raksha Bandhan was celebrated. On this occasion Maharashtra Sales Tax Department has issued a Trade Circ

Incentive for setting up industrial unit in Maharashtra

CA Umesh Sharma 05 August 2014 at 11:05

KARNITI PART:48WHY PACKAGE SCHEME OF INCENTIVES 2013 BENEFICIAL FOR SETTING UP INDUSTRIAL UNIT IN MAHARASHTRA Arjuna (Fictional Character): Krishna, What incentives are available from the Government on setting up a Business /Indust