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Articles by CA Umesh Sharma

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How to check scrutiny risk in Tax Audit Report ?

  CA Umesh Sharmapro badge    16 September 2019 at 17:46

The taxpayer should take due care while filing Income Tax returns. Tax audit is applicable to taxpayers whose turnover exceeds Rs. 1 Crore and for sec 44AD/44ADA presumptive taxation it is Rs. 2 Crore. For professionals it's Rs. 50 Lakhs. Now, e-assessment is also in process by Income Tax Department, while filing ITR and Tax Audit Report.



What are the most important new Reportings in ITR for AY 2019-20?

  CA Umesh Sharmapro badge    09 September 2019 at 17:12

What are the most important new Reportings in ITR for AY 2019-20?



GST Ganesha: Save Taxpayers

  CA Umesh Sharmapro badge    04 September 2019 at 11:19

GST means Ganesha: Save Taxpayers



Dahi Handi of GST Annual Return and GST Audit

  CA Umesh Sharmapro badge    26 August 2019 at 10:54

Arjuna (Fictional Character): Krishna, this is 300th Karneeti article and on the eve of Janmashtami, it's double celebration. Janmashtami was celebrated with great enthusiasm, all the "Govindas" tried hard for reaching "Dahi Hand" by forming pyramid and breaking "Dahi Handi".



How to resolve technical glitches while uploading GSTR-9C?

  CA Umesh Sharmapro badge    20 August 2019 at 10:45

Arjuna (Fictional Character): Krishna, GST department has come out with statistics that only 1% of GST Audit Report



GST mein kisiko nahi 'Banana' - Charging incorrect GST

  CA Umesh Sharmapro badge    07 August 2019 at 11:11

Karneeti Part 297GST mein kisiko nahi "Banana" - CA Umesh SharmaArjuna(Fictional Character) : Krishna, What do you mean by charging incorrect rate o



Relief to Small Composition and Electric Vehicle Manufacturers in GST

  CA Umesh Sharmapro badge    31 July 2019 at 11:50

Arjuna(Fictional Character) : Krishna, 36th GST Council Meeting was held



10 Important changes in ITR of 2018-19

  CA Umesh Sharmapro badge    23 July 2019 at 11:58

Arjuna(Fictional Character) : Krishna, 31st July 2019 is the due date of filing Income Tax Return for the F.Y. 2018-19, to whom it is applicable and what care should be taken by the taxpayer?



Highlights of GST in Union Budget 2019-20

  CA Umesh Sharmapro badge    09 July 2019 at 12:16

Arjuna (Fictional Character): Krishna, Union Finance Minister has presented Union Budget for



It's raining in GST

  CA Umesh Sharmapro badge    03 July 2019 at 11:27

Arjuna (Fictional Character): Krishna, monsoon has arrived in India with all it�s glory. Similarly it�s raining in GST, wi