Articles by CA Umesh Sharma

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You decide importance of Majority and resolutions in your business

Posted by CA Umesh Sharma 17 November 2014 12518 Views

Karniti part 63You decide importance of Majority and Resolutions in your BusinessArjuna (Fictional Character): Krishna, In Maharashtra State discussion on proving Majority and resolution for proving trust in Government is going on. Its for the



Arye wah! Instructions to reduce hardship of taxpayer in Income Tax Scrutiny

Posted by CA Umesh Sharma 10 November 2014 26605 Views

Karniti Part 62Arye wah! Instructions to reduce hardship of taxpayer in Income Tax Scrutiny.Arjuna (Fictional Character): Krishna, recently on 7th November 2014, the Central Board of Direct Taxes has issued instructions for reducing hardship of taxpa



What is the colour of my money - Black or White?

Posted by CA Umesh Sharma 03 November 2014 23435 Views

Karniti Part 61What is the colour of my moneyBlack or White?Arjuna (Fictional Character): Krishna, why is there such a lot of confusion over on the colour of money? Supreme Court, Government and citizens are all busy in the discussion of the



Football & Income Tax- Penalty, in both, is Hefty

Posted by CA Umesh Sharma 27 October 2014 15227 Views

Arjuna (Fictional Character): Krishna, Diwali was celebrated in pomp and splendor. Following the IPL in Cricket, the "Indian Super League" for football has started. It will be really interesting game



Happy Diwali with crackers of Income Tax

Posted by CA Umesh Sharma 21 October 2014 28137 Views

Karniti Part 59Happy Diwali with crackers of Income TaxArjuna (Fictional Character): Krishna, recently the result of Maharashtra & Hariyana States Election is declared. In this some politician's crackers have exploded and someone's got defused. On th



Be Careful - while making transactions in cash!!

Posted by CA Umesh Sharma 13 October 2014 28126 Views

Karniti Part 58 Be Carefulwhile making transactions in cash!! Arjuna (Fictional Character): Krishna, Today is 13th October last day for the promotion of Elections. In the chaos of election, crores of rupees were ceased. During this period Ele



Exponential Rise in Rate of Interest of Service Tax

Posted by CA Umesh Sharma 07 October 2014 17300 Views

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

Posted by CA Umesh Sharma 30 September 2014 17426 Views

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

Posted by CA Umesh Sharma 23 September 2014 8404 Views

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

Posted by CA Umesh Sharma 15 September 2014 8887 Views

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




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