Articles by CA Umesh Sharma

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What's new in MVAT

  CA Umesh Sharmapro badge    06 April 2015 at 10:11

Bottom of Form Karneeti Part 83Whats new in MVATArjuna (Fictional Character): Krishna, it is necessary to recall the new changes that have taken place in the MVAT laws from 1st April 2015.Krishna (Fictional Character): Arjuna, ss per the v



Lets plan new financial year

  CA Umesh Sharmapro badge    31 March 2015 at 11:06

Karneeti Part 82Lets Plan New Financial Year by following Jai HanumanArjuna (Fictional Character): Krishna, on 4th April, 2015 Hanuman Jayanti will be celebrated. So, if correlation of Hanumanji Chara



How many previous years Income Tax returns can be filed after due date?

  CA Umesh Sharmapro badge    27 March 2015 at 10:47

Karneeti Part 81How many previous years Income Tax returns can be filed after due date? Lets remove confusion. Arjuna (Fictional Character): Krishna, just a few days are left for the end of financial year 2014-15. Some lethargic tax pa



Taxpayers follow March end Rule Otherwise you may be an April Fool

  CA Umesh Sharmapro badge    16 March 2015 at 10:21

KARNEETI Part 80Taxpayers follow March end RuleOtherwise you may be an April FoolArjuna (Fictional Character): Krishna, the last month of Financial Year 2014-15 March is here. Everyone is in haste due to March end f



Good news, High Court orders to grant MVAT refund as per return where Form 501 not filed

  CA Umesh Sharmapro badge    09 March 2015 at 10:25

Karneeti Part 79Good news, High Court orders to grant MVAT refund as per return where Form 501 not filed.Arjuna (Fictional Character): Krishna, Good News!!! Mumbai High Court on 3rd March, 2015 has ordered to assess and grant MVAT refund on the basis



Holi of Budget or Budget of Holi. Enjoy it.

  CA Umesh Sharmapro badge    02 March 2015 at 15:58

Karneet Part 78Holi of Budget or Budget of Holi. Enjoy it.Arjuna (Fictional Character): Krishna, Honorable Finance Minister Mr. Arun Jetley has declared the Budget before Holi on 28th February. Everyones favorite festival Holi is approaching.



Who's budget first? Personal or governments

  CA Umesh Sharmapro badge    23 February 2015 at 10:19

Karneeti Part 77Whos Budget First? Personal or GovernmentsArjuna (Fictional Character): Krishna, Honorable Finance Minister Mr. Arun Jetley will be declaring the Finance Budget of 2015-16 on 28th February in the Loksabha. Everyone is excited f



Cricket and income tax, what is similarity, you must know it

  CA Umesh Sharmapro badge    16 February 2015 at 10:17

KARNEETI Part 76Cricket and Income Tax, what is similarity, you must know it.Arjuna (Fictional Character): Krishna, the 11th Cricket World Cup has been started in Australia. In these days 14 countries will compete against each other. In Cricket there



Loveonomics and its taxation

  CA Umesh Sharmapro badge    09 February 2015 at 10:16

Karneeti Part 75Loveonomics and its taxationArjuna (Fictional Character): Krishna, 7th February to 14th February is celebrated as Valentine Week all over the World. This is celebrated by giving gifts and wishes and for that the markets were ready. Th



Second Home: Problematic in Real life as well as in Income Tax?

  CA Umesh Sharmapro badge    02 February 2015 at 10:18

Karneeti Part 74Second Home: Problematic in Real life as well as in Income Tax?Arjuna (Fictional Character): Krishna, Recently Reserve Bank has reduced the Repo Rate leading to reduction in the Rate of Housing Loan. It may be easier for