Articles by CA Umesh Sharma

Opportunity for disclosing black money will end on 30th Sep

Posted by CA Umesh Sharma 20 September 2016 4935 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 19527 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 10048 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

Sone Ki "Chidiya" ko Tax ki "Bediya"

Posted by CA Umesh Sharma 17 June 2016 12073 Views

Arjun (Fictional character): Krishna, what is the reason of agitation held by Jewellers across the Country. Why there businesses are closed from so many days? Let us discu

Now everyone has to pay 1st installment of advance tax before 15th June!

Posted by CA Umesh Sharma 14 June 2016 12574 Views

From F.Y 2016-2017 the first installment of advance tax will have to be paid on or before 15th�June and later the remaining in aforesaid 3 installments.

PAN-IC! PAN compulsory on all Sales or Purchase of goods or services above Rs 2 Lac

Posted by CA Umesh Sharma 07 June 2016 7255 Views

Arjuna(Fictional Character): Krishna, from 1st January 2016 onwards PAN is required to bequoted in sale or purchase transaction exceeding Rs.2 lakh. Which is this hidden income tax provision?Krishna(Fictional Character): Arjuna, Income tax Department

Get ready for the shower of changes in Tax laws from 1st June 2016!

Posted by CA Umesh Sharma 03 June 2016 18491 Views

Arjuna (Fictional Character): Krishna, this year, the government has brought various changes in income tax, service tax and other tax laws and also has brought scheme for tax payment. It is said that many of such changes will be effective from 1st Ju