Articles by CA Umesh Sharma

Let's see, some silent proposals of the Income Tax

CA Umesh Sharma 14 July 2014 at 11:55

Karniti Part-45:Lets see, some silent proposals of the Income Tax from the Financial Budget Arjuna (Fictional Character): Krishna, on 10th July Finance Minister Mr. Arun Jaitely has presented Financial Budget. Thereafter lots of discussions on the bu

Budget wows: Why one who pays tax only suffers?

CA Umesh Sharma 08 July 2014 at 12:23

Karniti Part-44: Why one who pays tax only suffers? Arjuna (Fictional Character): Krishna, currently everywhere discussions are going on about the upcoming Budget. But Krishna, most of the taxpayers feel that the tax burden should be minimize

All Taxpayers please note new changes in the Income Tax Return

CA Umesh Sharma 30 June 2014 at 12:58

Arjuna (Fictional Character): Krishna, June Month is coming to end. Now, it's time to file Income Tax Returns for the year 2013-14. The due date for filing the income tax returns is 30th S

Be Alert! Companies watch out provisions of loans & deposits or else have repay it!

CA Umesh Sharma 25 June 2014 at 12:37

Arjuna (Fictional Character): Krishna, many companies are worried, as they will have to submit new return about deposits and loans before 30th June 2014, as stated

Karniti Part-41: Taxation of Gold

CA Umesh Sharma 17 June 2014 at 12:47

Arjuna (Fictional Character): Krishna,. Recently lot of gold is found in the world famous temple of Phadmanabhan of Kerela. Old is gold; as well gold is old mean of investment. Many other types of precious metal, stones are there bu

Karniti Part-40: State Budget: Relief in MVAT up to Rs. 10 Lakh but No relief for refund & LBT

CA Umesh Sharma 10 June 2014 at 12:05

Arjuna (Fictional Character): Krishna, on 5th June 2014, Deputy Chief Minister and Finance Minister of Maharashtra State presented the finance budget for the year 2014-1

Karniti Part-39: Now You Can Create Modiji Like One Person Company

CA Umesh Sharma 03 June 2014 at 16:26

Arjuna (Fictional Character): Krishna, Recently one person has shown that nothing is Impossible and created history, that person is Current Prime Minister of India Mr. Narendra Modi

Karniti Part-38: Make Changes in MVAT, to please businessmen Voters

CA Umesh Sharma 29 May 2014 at 16:58

Arjuna (Fictional Character): Krishna, recently voters expressed their strong willingness for change and changed Central Government. Voters and Taxpayers have many expectations from the elected Govern

Karniti Part-37: Importance of Making a "Will" & its Tax effect

CA Umesh Sharma 20 May 2014 at 11:29

Arjuna (Fictional Character): Krishna, What is Will?Krishna (Fictional Character): Arjuna, Today separated families are increasing. In this era all are running behind money. Therefore wherever there is wealth, problem arises. The life o

Karniti Part- 36: What is "HUF" (Hindu Undivided Family)?

CA Umesh Sharma 12 May 2014 at 11:13

Arjuna (Fictional Character): Krishna, What is mean by HUF Hindu Undivided Family under Income Tax Act?Krishna (Fictional Character): Arjuna, Generally in India mother, father, son and