Articles by CA Umesh Sharma

Kite Fight of VAT Dealer and Department

CA Umesh Sharma 12 January 2015 at 10:48

Karniti Part 71Kite Fight of VAT Dealer and DepartmentArjuna (Fictional Character): Krishna, this Year "Makar Sankranti" is on 15th January and also the last date of submission of Maharashtra VAT Audit Report. There is Happiness everywhere because of

Happy New Year!!! But is it for the Taxpayer?

CA Umesh Sharma 06 January 2015 at 10:35

Karniti Part 70 Happy New Year!!! But is it for the Taxpayers??Arjuna (Fictional Character): Krishna, New Year 2015 is celebrated everywhere with joy and enthusiasm. But why is New Year different in Financial and taxation world? What is its

P.K.'s view on Indian Tax system. Enjoy it!

CA Umesh Sharma 29 December 2014 at 17:57

KARNITI PART 69 P.K.s view on Indian Tax system. Enjoy it! Arjuna (Fictional Character): Krishna, Aamir Khans recently released movie, P.K., is in Limelight. Tell me, if this cha

Benefits related to Research & Development expenses under Income Tax Act

CA Umesh Sharma 22 December 2014 at 11:03

KARNITI Part 68Benefits related to Research & Development expenses under Income Tax Act.Arjuna (Fictional Character): Krishna, ISRO succeeded in Mars mission by launching the largest rocket GSLV Mark III in space after lot of efforts and spending cro

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