Articles by CA Umesh Sharma

Profession tax enrolment amnesty scheme, pay tax for 3 years instead of 8 years

Posted by CA Umesh Sharma 17 May 2016 9526 Views

Arjun (Fictional character): Krishna, Profession Tax is also paid by the self-employed person. The Sales Tax Department of Maharashtra has introduced Amnesty Scheme. So what is this scheme all about?Krishna (Fictional character): Arjuna, Profession T

New MVAT Dealers be in Discipline from First Year

Posted by CA Umesh Sharma 10 May 2016 8549 Views

Arjun (Fictional character): Krishna, Sales Tax Department has started new SAP system and has also been introducing various other changes. And now from 1st May 2016 onwards, changes are made in VAT reg

Small MVAT changes but a big effect on small dealers

Posted by CA Umesh Sharma 04 May 2016 11604 Views

Arjun (Fictional character): Krishna, this year from April 2016 onwards the Maharashtra Sales Tax Departments has brought various small amendments in the VAT system. Because of these changes the small dealers covered under the composition scheme have

New MVAT return system turning superfast as the IPL inning

Posted by CA Umesh Sharma 02 May 2016 8567 Views

Arjun (Fictional character): Krishna, From April 2016, Maharashtra Sales Tax Department has introduced new SAP system and brought various changes in VAT returns. Now bill wise details will have to be given for sales and purchase and many more changes

Maharashtra Settlement of Arrears in Dispute Act 2016 a new law

Posted by CA Umesh Sharma 18 April 2016 7413 Views

Arjun (Fictional character): Krishna, this year Central Government has introduced various new provisions in the budget to settle tax related old disputes. Following that, the state government also has brought up law to settle the disputes between tax

Movies and Income Tax returns, what's the similarity?

Posted by CA Umesh Sharma 06 April 2016 10097 Views

Karneeti Part � 123 Movies and Income Tax returns, what�s the similarity?Arjun (Fictional character): Krishna, what are the changes made in the New Income Tax return forms (ITR forms) from 1st April 2016? Just like new sequels of films ha

Builders ko Real Estate Bill ki "Chowkat" nahi to taklif "Chowpat"

Posted by CA Umesh Sharma 15 March 2016 8669 Views

KARNEETI Part 120Builders ko Real Estate Bill ki �Chowkat� nahi to taklif �Chowpat�.Arjuna (Fictional Character): Krishna, In India there are more than 76 thousand registered Real Estate Companies. Also, there are lakhs of sma

Fair, Lovely & Ugly From Jaitley's potli

Posted by CA Umesh Sharma 08 March 2016 9610 Views

Arjuna (Fictional Character): Krishna, Government has announced Budget on 29th February 2016 for the Year 2016-17. On this Various persons expressed their views. As every coin has two sides, likewise

Preparation of State Govt. before Budget

Posted by CA Umesh Sharma 29 February 2016 3977 Views

Preparation of State Govt. before BudgetGive bill wise Purchases and SalesArjuna (Fictional Character): Krishna, Maharashtra Sales Tax Department has proposed changes in the process and procedures of filing of returns, registration, assessment, appea

"Jaitley" ki "Potli" mein kya hai?

Posted by CA Umesh Sharma 23 February 2016 14179 Views

Arjuna (Fictional Character): Krishna, Honorable Finance Minister Mr. Arun Jaitley will declare Finance Budget of 2016-17 on 29th February in the Loksabha. As it is 2nd budget in the tenure of P. M. Modi, everyone is