Articles by CA Umesh Sharma

Karniti Part-31:Taxpayer should try to be "Maryada Puroshottam" i.e. live within limits of laws

Posted by CA Umesh Sharma 07 April 2014 10819 Views

Arjuna (Fictional Character): Krishna tomorrow is "Rama Navami", which is celebrated with full devotion and enthusiasm all over the country. Why this day is important fo

Karniti Part-30: Wish all taxpayers a Wealthy New Financial Year

Posted by CA Umesh Sharma 01 April 2014 7107 Views

On the Occasion of Gudi Padwa i.e, 31-3-2014Lets See behind and Move Ahead in the Financial YearArjuna (Fictional Character): Krishna, Today is Gudi Padwa which means beginning of New Year. Further today is the last day of financial year 2013-

Karniti Part-29: Every Taxpayer must verify his Form 26 AS

Posted by CA Umesh Sharma 26 March 2014 15109 Views

Arjuna (Fictional Character): Krishna, as one reconcile bank transaction with the bank statements from time to time, now taxpayers are required to reconcile the income tax with Form 26 AS. What is this Form 26AS? Krishna (Fictional Character): Arjuna

Karniti Part-28: Colors of Income Tax and Taxpayers Holi

Posted by CA Umesh Sharma 18 March 2014 9900 Views

Colors of Income Tax and Taxpayers HoliArjuna (Fictional Character): Krishna on this day of March by making bonfire chilled winters comes to an end. Further in this month being an last month for the financial year 2013-14, taxpayers will have to blen

Karniti part 27: Pay as you earn - Advance Tax

Posted by CA Umesh Sharma 11 March 2014 10354 Views

(March Ending Special Part 2)PAY AS YOU EARN Advance Tax Arjuna (fictional character): Krishna, before 15th March last installment of advance tax will have to be paid. What precautions taxpayers should take? Krishna (fictional character):

Karniti Part 26:1st Step of March end, Prepare Comp. Balance

Posted by CA Umesh Sharma 07 March 2014 13981 Views

(March Ending Special Part 1)Take first feet, Prepare Comparative Balance Sheet Arjuna (fictional character): O Krishna, current Financial year is on verge of ending in the month of March. Government departments due to ma

Karniti Part 25 : Let's Drive Car safely Car from Pot holes on

Posted by CA Umesh Sharma 25 February 2014 10123 Views

Lets Drive Car safely Car from Pot holes on the roads of Income TaxArjuna (fictional character): Recently the Finance Minister cut down the excise duty levied on cars and other vehicles. Now one can purchase new car at lower price. Further, re

Karniti P24: Income Tax Dept "Fielding" for Cricket Players

Posted by CA Umesh Sharma 17 February 2014 10219 Views

Arjuna (fictional character): Krishna, recently players were purchased in crores of rupees for IPL cricket matches. All are crazy about cricket. How income tax is levied on the money re

Karniti Part 23: Is "LOVE" Tax free?

Posted by CA Umesh Sharma 10 February 2014 14888 Views

Arjuna (Fictional character): Krishna, Valentine's Day (14th February) is the festival of love, which is now celebrated worldwide. Love is the essence of life, it holds great importance in the life of a human being. While expressing love and affe

Karniti Part-22: Now CST Forms in PDF format from 1st Feb.

Posted by CA Umesh Sharma 05 February 2014 17320 Views

TAXMANTRA PART 22Now CST Forms in PDF format from 1st Feb. 2014 in Maharashtra State.Arjuna (Fictional Character): Krishna, Now Maharashtra Sales Tax Department will give Central Sales Tax Forms like C, F, E Form online. Why a businessman needs to ta