Articles by CA Umesh Sharma

Natsamrat's Love, Gift & Income Tax

Posted by CA Umesh Sharma 09 February 2016 10420 Views

Arjuna(Fictional character):Krishna, Valentine's Day (14thof February) is celebrated all over the world as the day of "Love."Krishna, "Love" has a variety of related but distinct meanings in different contexts in th

What's up in Start Up

Posted by CA Umesh Sharma 27 January 2016 10988 Views

Arjuna (Fictional Character): Krishna, Government of India has come up with the scheme of �Startup India� on the occasion of Repulic Day. On the Republic day as we see parade on Rajpath, likewis

"Raksha" to Seller and "Bandhan" to Buyer under MVAT

Posted by CA Umesh Sharma 25 August 2015 8674 Views

Karneeti 112�Raksha� to Seller and �Bandhan� to Buyer under MVAT Arjuna (Fictional Character): Krishna, the festival of Raksha Bandhan is coming soon. On this occasion Maharashtra Sales Tax Department has issued a Trade Circul

Kabaddi between taxpayer and income tax! Enjoy it!

Posted by CA Umesh Sharma 17 August 2015 7253 Views

Karneeti Part 111 Kabaddi between taxpayer and income tax! Enjoy it! Arjuna (Fictional Character): Krishna, Nowadays interesting matches of Pro-Kabaddi are going on. This is the second year of Pro-Kabaddi Match Series. The game of kabaddi is gaining

Independence to small taxpayer if his profit is above 8%

Posted by CA Umesh Sharma 14 August 2015 16220 Views

Karneeti Part 110Independence in 8th Month, but for Small taxpayer if, its profit above 8%.Arjuna (Fictional Character): Krishna, Independence Day of our country is coming closer on 15th August. All citizen lives happily because of independence. Simi

Wait for new income tax returns is over

Posted by CA Umesh Sharma 03 August 2015 7897 Views

Karneeti Part 109 ?Tanu weds Manu? returned, ?Bhaubali? returns is awaited, but the wait for New Income Tax ?Returns? is over. Arjuna (Fictional Character): Krishna, Income Tax department has notified all remaining ITR?s for FY 2014-15. As audience w

Bajrangi and Bahubali, etc. like now Income Tax Department have target of Crores

Posted by CA Umesh Sharma 28 July 2015 17893 Views

Karneeti Part 108Bajrangi and Bahubali, etc. like now Income Tax Department have target of Crores Arjuna(Fictional Character): Krishna, Income tax department on 17th July 2015 has given target to find �New Taxpayers� to the Chief Commiss

Depressed due to depreciation

Posted by CA Umesh Sharma 21 July 2015 15431 Views

Karneeti Part 107Depressed due to DepreciationArjuna (Fictional Character): Krishna, it is said that there is drastic change in the provision of calculation of depreciation according to New Companies Act 2013. So many Company Taxpayers are facing iss

Bhaijaan, TDS se kar lo Pehchaan

Posted by CA Umesh Sharma 13 July 2015 21319 Views

Karneeti Part 106Bhaijaan, TDS se kar lo PehchaanArjuna (Fictional Character): Krishna, the festival of Eid is approaching. But the Taxpayers are in a rush of filing TDS returns. As the due date of TDS returns and the auspicious festival of Eid have

Black Cloud & Black Money, will they come & rain in Country?

Posted by CA Umesh Sharma 06 July 2015 6196 Views

Karneeti Part 105Black Cloud & Black Money, will they come & rain in Country? Arjuna (Fictional Character): Krishna, at the time of arrival of monsoon season farmer keeps watch on the sky. Farmer thinks that will black cloud give rain. Simil