CA Umesh Sharma's Expert Profile

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About me

Name: - UMESH RAMNARAYAN SHARMA.

Residential Address: - 16, Motisagar, Samarthnagar, Aurangabad.

Ph :- 2332846. Mobile:9822079900.

Head Office Address: - R.B.Sharma & Co.

Chartered Accountants.

Block No 7-10, 2nd Floor, Shangri-La Complex,

Samarth Nagar, Aurangabad.

Ph :- 2332511,2338388.

Email:- rbsharmaandco @ gmail.com

Branch Office Address:- B-2, Neelsadan Apartments, 1426, Ground Floor, Sadashiv Peth, Pune.

Date of Birth: - 28-02-1976.

Occupation: - Practicing Chartered Accountant.

Partner in R.B.Sharma & Co.

Education: - B, Com., FCA, D.I.S.A (ICA).

Achievements: - EDUCATIONAL: -

1. 42nd Rank in All India CA Foundation Exams 1996.

2. Diploma in Information Systems Audit conducted by ICAI.

OHTER: -

1. Youngest Chairman of Aurangabad Branch of WIRC of ICAI in 2002.

2. Youngest Secretary of Aurangabad Branch of WIRC of ICAI in 2001.

3. Editor of Newsletter of Aurangabad branch of WIRC of ICAI in 2000 and Various Conference Paper Books.

4. Chairman of Tax Advisory Forum (Income Tax Dept Aurangabad Range) in 2002.

6. Editor of Tax Practitioners Association of

Aurangabad Monthly Journal in 2004

7. Write ups in various Daily News papers.

8. Lecturer for Diploma in Taxation Course of M.P.Law College, Aurangabad.

9. Chief Editor and Main complier of “MVAT AUDIT MANUAL” published by Tax Practitioners Association, Aurangabad. Founder of Novel MVAT Audit Matrix.

10. Co-opeated member on "Indirect Tax Committee of WIRC of ICAI for the year 2010-2011"

11. Best paper writer in 37th RRC of the Sales Tax Practitioners Association of Maharashtra.

11. Contributor in revised and updated edition of "A Guide to MVAT Audit" published by The Western Indian Regional Council of The Institute of Chartered Accountants of India.

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ravi. says : Input Vat on capital goods
A businessman has purchased machinery and registered for VAT after 3 months of purchase of machinery..Can he still claim the input vat on above machinery ?

Gokulesh says :
On validating form 501 - error reported "Being the newly registered Dealer ,Not entitled to apply for refund before expiry of one year from end of Registration year" As W E F DATE feeded in form 501 is 08/02/10 i.e date of challan of Rs 25k for voluntary regn, (while date of application for registration 16/02/10) QUERY 1) As EFFECTIVE DATE OF REGN FOR VOLUNTARY REGN APPLICATION IS DATE OF APPLICATION OR DATE OF PAYMENT OF FEES WHICHEVER IS EARLIER. In above case return filing period is from 08/02/10 -- right or wrong. 2) How to remove error ?

Gokulesh says : Refund under MVAT (Wrongly Deposited)
Thanks for your support :- In continuation to above sub : Dealer has taken TIN No by giving another Rs 25000 + Rs 5000 by DD. He has not done any business till March end. Now to claim Refund in return , whether dealer can claim refund of Rs 55000 (Rs 25000 + Rs 5000 paid by cash & additional deposit for voluntary regn of Rs 25000 by DD ) (As set off now cannot be carried in next FY)