Articles by CA Umesh Sharma
View Full Profile
This Diwali, Celebrate with GST Firecrackers!
Let's discuss some key important GST firecrackers that will help taxpayers in better compliance with GST law.
Cleaning of Books of Accounts and their Worship on the eve of Diwali - Part 2
Discover how to handle old financial records during Diwali cleaning, as Krishna guides Arjuna through record-keeping requirements under Income Tax, GST and Companies Act. Ensure compliance and align your financial discipline with the spirit of Diwali renewal.
9 Days of Navratri: 9 Key Points from Safari Retreats ITC Case
Just like Navratri has 9 days, each with a special meaning, the Safari Retreats judgement offers 9 key points for businesses when it comes to claiming Input Tax Credit (ITC) under GST. Let's explore these 9 key points, one for each day of Navratri
What is the Direct Tax Vivad Se Vishwas Scheme, 2024?
Under Direct Tax Vivad Se Vishwas Scheme, 2024scheme, appellants with pending appeals or writ petitions related to direct taxes can resolve disputes by paying a portion of the disputed tax, interest, penalty, fee. The benefits vary depending on when the dispute is settled.
As Ganesha Removes Hurdles, GST Council Eases the Road for Taxpayers!!
During the 54th GST Council meeting on 9th September 2024, several helpful recommendations were made to ease the path for taxpayers and businesses. These changes can be seen as blessings from Lord Ganesha himself.
Understanding Income Tax and GST for Mandal's and Religious Temples!
While the focus is on devotion and charity, religious and charitable entities such as Ganpati mandals and temples should also be mindful of their tax obligations.
Who is Required File Tax Audit Report before September?
The last date to file the Tax Audit Report is 30th September of the assessment year. It is crucial to adhere to the deadlines to avoid any penalties
Bursting the Handi of Fake GST Registration!!
Celebrate Janmashtami with Krishna's wisdom on good triumphing over evil. Discover the government's second special drive against fake GST registrations and its role in combating fraud in the GST system, much like breaking the Dahi Handi to reveal hidden treasures.
Bandhans on Accepting Gifts on Raksha Bandhan!!
On this special day, many brothers and sisters exchange gifts as a token of their love and bond. But what about the tax implications of these gifts?
Capital Assets Indexation- It's Gain and Pain!!
The restoration of indexation benefits is a significant development, especially for those dealing with the transfer of land and buildings.
Popular Articles
- Senior Citizen Saving Scheme From 1 July 2026 with 5 New Rules
- Income Tax Slab for Senior Citizens Above 60 Years for AY 2026-27: With Deductions, Rebates and Examples
- EPFO 3.0 Introduces Faster Claim Settlements and UPI Withdrawals: Latest Update For July 2026
- Kisan Vikas Patra Scheme 2026: Latest Interest, Eligibility, Maturity, Taxability and Investment Benefits
- Senior Citizen After Retirement Must Report These 5 Incomes While Filing ITR for AY 2026-27
- TDS on Cash Withdrawals 2026: Excess vs. Entire Amount
- Input Tax Credit Under GST: The One Provision Where a Buyer Pays for a Supplier's Default
- New Interest Rates on Post Office Schemes from 1 July 2026
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
