Articles by CA Umesh Sharma

55th GST Council Meeting: Key Highlights & Changes

Posted by CA Umesh Sharma 31 December 2024 467 Views

Discover key highlights from the 55th GST Council Meeting. Learn about rate changes, service updates, and compliance amendments impacting businesses.

Bombay High Court Tax Rebate Relief for Taxpayers

Posted by CA Umesh Sharma 25 December 2024 1062 Views

Discover the Bombay High Court's interim relief for Section 87A tax rebate claims. Learn about the extended ITR filing deadline and protect your taxpayer rights.

UK Income Tax Changes 2024: New Rules & Opportunities

Posted by CA Umesh Sharma 17 December 2024 593 Views

Discover key UK income tax changes for 2024. Learn about standard deduction increases, new tax slabs, capital gains adjustments, and more. Plan your finances wisely!

December 2024 Tax Deadlines: Don't Miss Out!

Posted by CA Umesh Sharma 12 December 2024 838 Views

Key December 2024 deadlines for belated ITR filing and GSTR-9/9C. Avoid penalties and secure refunds. Learn what happens if you miss them.

Tax Rebate Win: Section 87A on Short-Term Capital Gains

Posted by CA Umesh Sharma 26 November 2024 9825 Views

Taxpayers rejoice! Learn how a recent ruling favours Section 87A rebates on short-term capital gains, even under the new tax regime. Understand your rights.

New GST Invoice Management System (IMS) Explained

Posted by CA Umesh Sharma 19 November 2024 1477 Views

Understand the new GST Invoice Management System (IMS). Learn how to accept, reject, or pend invoices to control your Input Tax Credit (ITC) before filing GSTR-3B.

India's IT Act 1961 Revamp: New Direct Tax Law Coming 2025

Posted by CA Umesh Sharma 12 November 2024 1206 Views

Discover the revamp of India's IT Act 1961. A new, simpler direct tax law is coming in 2025. Learn how to submit your suggestions for the changes.

GST Firecrackers: New Rules for Diwali Compliance

Posted by CA Umesh Sharma 29 October 2024 712 Views

Celebrate Diwali with GST compliance! Discover new GST firecrackers like Amnesty Schemes, Invoice Management, and RCM updates. Learn more!

Diwali Book Cleaning: Tax & GST Record Keeping Rules

Posted by CA Umesh Sharma 22 October 2024 566 Views

Understand tax, GST, and Companies Act record-keeping rules for Diwali cleaning. Ensure compliance and avoid penalties. Learn how long to keep financial records.