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Articles by CA Umesh Sharma

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Be Careful - while making transactions in cash!!

  CA Umesh Sharmapro badge    13 October 2014 at 11:11

Karniti Part 58 Be Carefulwhile making transactions in cash!! Arjuna (Fictional Character): Krishna, Today is 13th October last day for the promotion of Elections. In the chaos of election, crores of rupees were ceased. During this period Ele



Exponential Rise in Rate of Interest of Service Tax

  CA Umesh Sharmapro badge    07 October 2014 at 10:37

Karniti Part 57 In October Heat Exponential Rise in Rate of Interest of Service TaxArjuna (Fictional Character): Krishna, October months heat has started. In this by increasing rate of interest of service tax from 1st October 2014 the departme



Breaking Partnerships

  CA Umesh Sharmapro badge    30 September 2014 at 11:22

Karniti Part 56Breaking PartnershipsPartnerships, Politics and its TaxationArjuna (Fictional Character): Krishna, what is going on? All over Maharashtra the discussion of breaking of partnerships by political parties are happening. However, if the sa



Big change in Small retailers MVAT composition scheme from October

  CA Umesh Sharmapro badge    23 September 2014 at 13:21

Karniti part 55 "Big" change in "Small" retailers MVAT composition scheme from October.Arjuna (Fictional Character): Krishna, what big changes has been made by Sales tax Department in Composition scheme for the small retail deal



In Pitru Paksha memorizing ancestors & their property taxation

  CA Umesh Sharmapro badge    15 September 2014 at 10:50

Karniti Part 54:In Pitru Paksha memorizing ancestors & their property taxation.Arjuna (Fictional Character): Krishna, the fortnight starting from 9th September to 23rd September is called as pitrupaksha or shrad



Ganpati Bappa, take away old complicated laws and come with new simple laws next year

  CA Umesh Sharmapro badge    08 September 2014 at 11:03

Karniti part 53GANPATI BAPPA, TAKE AWAY OLD COMPLICATED LAWS ANDCOME WITH NEW SIMPLE LAWS NEXT YEAR Arjuna (Fictional Character): Krishna, Today is Ananat chaturdashi. Devotees will end this joyful Ganesh festival by dissolving Idol of



Dear Vighnaharta, what should be first Income tax return or tax audit report?

  CA Umesh Sharmapro badge    02 September 2014 at 11:09

Karniti Part 52 Dear Vighnaharta .., what should be first, Income tax return or Tax Audit report? Please remove the Vighna (complications) Arjuna (Fictional Character): Krishna, the festival of Lord of Wisdom Shri Ganesha is being celebrated



Why is Maharashtra States Businessmen's mood off? It's due to issues of MVAT setoff

  CA Umesh Sharmapro badge    26 August 2014 at 10:40

Karniti Part 51:Why is Maharashtra States Businessmen's mood OFF? It's due to issues of MVAT SETOFF. Arjuna (Fictional Character): Krishna, businessman



India is My Country and To Pay Others Taxes is also My Duty

  CA Umesh Sharmapro badge    18 August 2014 at 18:38

Karniti Part 50India is My Country and To Pay Others Taxes is also My DutyArjuna (Fictional Character): Krishna, In India on 15th August 68th Independence Day and on 17th August Shri Krishna Jannamashtmi was celebrated. Bhagwadgita has narrated the



For MVAT followers No "Raksha" Only "Bandhan"

  CA Umesh Sharmapro badge    11 August 2014 at 11:04

Karniti part 49For MVAT followers No Raksha Only Bandhan Arjuna (Fictional Character): Krishna, yesterday festival of Raksha Bandhan was celebrated. On this occasion Maharashtra Sales Tax Department has issued a Trade Circ