Articles by CA Umesh Sharma

Good news, High Court orders to grant MVAT refund as per return where Form 501 not filed

CA Umesh Sharma 09 March 2015 at 10:25

Karneeti Part 79Good news, High Court orders to grant MVAT refund as per return where Form 501 not filed.Arjuna (Fictional Character): Krishna, Good News!!! Mumbai High Court on 3rd March, 2015 has ordered to assess and grant MVAT refund on the basis

Holi of Budget or Budget of Holi. Enjoy it.

CA Umesh Sharma 02 March 2015 at 15:58

Karneet Part 78Holi of Budget or Budget of Holi. Enjoy it.Arjuna (Fictional Character): Krishna, Honorable Finance Minister Mr. Arun Jetley has declared the Budget before Holi on 28th February. Everyones favorite festival Holi is approaching.

Who's budget first? Personal or governments

CA Umesh Sharma 23 February 2015 at 10:19

Karneeti Part 77Whos Budget First? Personal or GovernmentsArjuna (Fictional Character): Krishna, Honorable Finance Minister Mr. Arun Jetley will be declaring the Finance Budget of 2015-16 on 28th February in the Loksabha. Everyone is excited f

Cricket and income tax, what is similarity, you must know it

CA Umesh Sharma 16 February 2015 at 10:17

KARNEETI Part 76Cricket and Income Tax, what is similarity, you must know it.Arjuna (Fictional Character): Krishna, the 11th Cricket World Cup has been started in Australia. In these days 14 countries will compete against each other. In Cricket there

Loveonomics and its taxation

CA Umesh Sharma 09 February 2015 at 10:16

Karneeti Part 75Loveonomics and its taxationArjuna (Fictional Character): Krishna, 7th February to 14th February is celebrated as Valentine Week all over the World. This is celebrated by giving gifts and wishes and for that the markets were ready. Th

Second Home: Problematic in Real life as well as in Income Tax?

CA Umesh Sharma 02 February 2015 at 10:18

Karneeti Part 74Second Home: Problematic in Real life as well as in Income Tax?Arjuna (Fictional Character): Krishna, Recently Reserve Bank has reduced the Repo Rate leading to reduction in the Rate of Housing Loan. It may be easier for

Enjoy the "Tax Parade" On Republic Day

CA Umesh Sharma 27 January 2015 at 11:16

Karniti Part 73Enjoy the Tax Parade On Republic DayArjuna (Fictional Character): Krishna, on 26th January, India celebrates its Republic Day. On this Republic Day the President of the United States of America Mr. Barack Obama wi

MVAT Dealers, Have you checked the new "Dealer Information System"?

CA Umesh Sharma 20 January 2015 at 10:40

Karniti Part 72MVAT Dealers,Have you checked the new "Dealer Information System"?Arjuna (Fictional Character): Krishna, Sales Tax Department has introduced a new "Dealer Information System". What is it? And what should every dealer do about it? Kris

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