Articles by CA Umesh Sharma

Burden of TCS on sale or purchase in cash?

Posted by CA Umesh Sharma 25 December 2016 14097 Views

Arjuna (Fictional Character): Krishna, the government has brought the provision of TCS (Tax Collected at Source) on sale of every product or service in income t...

Child worried about education. Parents worried about its taxation

Posted by CA Umesh Sharma 18 December 2016 3181 Views

Now-a-days it is not clear that whether education has become a business or business has become education. Therefore parents should not go only on the appearance and evaluate the actual conditions and then select the school and college.

Cash in hand as on 8th November - An Asset or Liability?

Posted by CA Umesh Sharma 22 November 2016 20146 Views

Arjuna (Fictional Character): Krishna, presently everybody is discussing about the government's decision of demonetization and its effect. The decision ha

GST "Kar" agre vasate laxmi

Posted by CA Umesh Sharma 07 November 2016 5329 Views

Arjuna (Fictional Character): Krishna, All over India Godesses Lami is worshipped in Diwali. It is said that in the house where goddesses Laxmi is there money c...

Maintenance of Books of Accounts and their Worship on the eve of Diwali

Posted by CA Umesh Sharma 21 October 2016 9304 Views

Arjuna(Fictional Character): Krishna, the festival of Diwali has arrived. Housewives (Gruhlaxmi) are busy in cleaning and decorating homes. Businessmen are al...

Opportunity for disclosing black money will end on 30th Sep

Posted by CA Umesh Sharma 20 September 2016 4933 Views

Arjuna (Fictional Character): Krishna, the opportunity for disclosing black money will end on 30th September 2016. Also, the income tax department is carrying o...

Ashtavinayaka, what are the Astha Mahima of Tax Audit?

Posted by CA Umesh Sharma 12 September 2016 6072 Views

Arjuna (Fictional Character): Krishna, from today celebration of festival of Lord of knowledge and Vignaharta Shri Ganesha has started with full of joy. Everywh...

Why filing of Income Tax Return before 31st July is Important?

Posted by CA Umesh Sharma 06 July 2016 19525 Views

Details on who are required to file income tax return before 31st July and what care they should take before filing it

Holi and Maharashtra State Budget, Cheerful Farmers and Stressful Taxpayers?

Posted by CA Umesh Sharma 24 June 2016 5203 Views

Arjuna (Fictional Character): Krishna, Honorable Finance Minister of Maharashtra, Mr. Sudhir Mangutwar has announced the State Budget for Maharashtra State on the of 18th Marc

Stumping out! Taxpayer, if March ending tax works not timely carried out

Posted by CA Umesh Sharma 24 June 2016 10047 Views

Arjuna (Fictional Character): Krishna, Currently the T-20 Cricket World Cup is on. Dhoni's stumping in the India v/s Bangladesh match is all over the news. The Financial Y