Articles by CA Umesh Sharma

Karniti Part-33: Tin number wise details of Purchases and sales must along with MVAT returns From 1st April 2014

CA Umesh Sharma 22 April 2014 at 12:06

Arjuna (Fictional Character): Krishna, What major changes took place in the Maharashtra Vat Act from 1st April 2014?Krishna (Fictional Character): Yes Ar

Karniti Part-32: Thoughts of Great Three For Taxpayers

CA Umesh Sharma 15 April 2014 at 11:57

Arjuna (Fictional Character): Krishna, Yesterday it was Mahaveer Jayanti, today is Dr. Babasaheb Ambedkar Jayanti and tomorrow is Hanuman Jayanti. What a great coincidence this is! Jayanti of three great soul

Karniti Part-31:Taxpayer should try to be "Maryada Puroshottam" i.e. live within limits of laws

CA Umesh Sharma 07 April 2014 at 11:59

Arjuna (Fictional Character): Krishna tomorrow is "Rama Navami", which is celebrated with full devotion and enthusiasm all over the country. Why this day is important fo

Karniti Part-30: Wish all taxpayers a Wealthy New Financial Year

CA Umesh Sharma 01 April 2014 at 11:05

On the Occasion of Gudi Padwa i.e, 31-3-2014Lets See behind and Move Ahead in the Financial YearArjuna (Fictional Character): Krishna, Today is Gudi Padwa which means beginning of New Year. Further today is the last day of financial year 2013-

Karniti Part-29: Every Taxpayer must verify his Form 26 AS

CA Umesh Sharma 26 March 2014 at 12:31

Arjuna (Fictional Character): Krishna, as one reconcile bank transaction with the bank statements from time to time, now taxpayers are required to reconcile the income tax with Form 26 AS. What is this Form 26AS? Krishna (Fictional Character): Arjuna

Karniti Part-28: Colors of Income Tax and Taxpayers Holi

CA Umesh Sharma 18 March 2014 at 11:26

Colors of Income Tax and Taxpayers HoliArjuna (Fictional Character): Krishna on this day of March by making bonfire chilled winters comes to an end. Further in this month being an last month for the financial year 2013-14, taxpayers will have to blen

Karniti part 27: Pay as you earn - Advance Tax

CA Umesh Sharma 11 March 2014 at 12:15

(March Ending Special Part 2)PAY AS YOU EARN Advance Tax Arjuna (fictional character): Krishna, before 15th March last installment of advance tax will have to be paid. What precautions taxpayers should take? Krishna (fictional character):

Karniti Part 26:1st Step of March end, Prepare Comp. Balance

CA Umesh Sharma 07 March 2014 at 12:36

(March Ending Special Part 1)Take first feet, Prepare Comparative Balance Sheet Arjuna (fictional character): O Krishna, current Financial year is on verge of ending in the month of March. Government departments due to ma

Karniti Part 25 : Let's Drive Car safely Car from Pot holes on

CA Umesh Sharma 25 February 2014 at 16:25

Lets Drive Car safely Car from Pot holes on the roads of Income TaxArjuna (fictional character): Recently the Finance Minister cut down the excise duty levied on cars and other vehicles. Now one can purchase new car at lower price. Further, re

Karniti P24: Income Tax Dept "Fielding" for Cricket Players

CA Umesh Sharma 17 February 2014 at 12:54

Arjuna (fictional character): Krishna, recently players were purchased in crores of rupees for IPL cricket matches. All are crazy about cricket. How income tax is levied on the money re