CA Umesh Sharma's Expert Profile

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About me

Name: - UMESH RAMNARAYAN SHARMA.

Residential Address: - 16, Motisagar, Samarthnagar, Aurangabad.

Ph :- 2332846. Mobile:9822079900.

Head Office Address: - R.B.Sharma & Co.

Chartered Accountants.

Block No 7-10, 2nd Floor, Shangri-La Complex,

Samarth Nagar, Aurangabad.

Ph :- 2332511,2338388.

Email:- rbsharmaandco @ gmail.com

Branch Office Address:- B-2, Neelsadan Apartments, 1426, Ground Floor, Sadashiv Peth, Pune.

Date of Birth: - 28-02-1976.

Occupation: - Practicing Chartered Accountant.

Partner in R.B.Sharma & Co.

Education: - B, Com., FCA, D.I.S.A (ICA).

Achievements: - EDUCATIONAL: -

1. 42nd Rank in All India CA Foundation Exams 1996.

2. Diploma in Information Systems Audit conducted by ICAI.

OHTER: -

1. Youngest Chairman of Aurangabad Branch of WIRC of ICAI in 2002.

2. Youngest Secretary of Aurangabad Branch of WIRC of ICAI in 2001.

3. Editor of Newsletter of Aurangabad branch of WIRC of ICAI in 2000 and Various Conference Paper Books.

4. Chairman of Tax Advisory Forum (Income Tax Dept Aurangabad Range) in 2002.

6. Editor of Tax Practitioners Association of

Aurangabad Monthly Journal in 2004

7. Write ups in various Daily News papers.

8. Lecturer for Diploma in Taxation Course of M.P.Law College, Aurangabad.

9. Chief Editor and Main complier of “MVAT AUDIT MANUAL” published by Tax Practitioners Association, Aurangabad. Founder of Novel MVAT Audit Matrix.

10. Co-opeated member on "Indirect Tax Committee of WIRC of ICAI for the year 2010-2011"

11. Best paper writer in 37th RRC of the Sales Tax Practitioners Association of Maharashtra.

11. Contributor in revised and updated edition of "A Guide to MVAT Audit" published by The Western Indian Regional Council of The Institute of Chartered Accountants of India.

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Gagan Saggar says : Query
Hi My friend runs a food retail outlet in Delhi NCR, selling frozen food and other food consumables. Can he bill for electronic appliances under the same TIN no. ? Read more at: http://www.caclubindia.com/forum/can-a-food-retailer-bill-for-electronics-under-same-tin-no--304030.asp#.VABVKGPQ1c-

Subhash Kshatri says : VAT registration
Greetings Sir, I have a proprietorship firm started a month back in Mumbai. The business is of providing housekeeping services only & not sale of any items. Kindly let me know if VAT registration is mandatory in my business. In this business there are purchases of machines, chemicals & tools. Your reply will be highly appreciated.

Adarsh says : Vat Liability on Warranty given by The Company
Sir, I found your replies on Vat very knowledgeable. Sir, I have one query. I am in need of your avluable guidance. A is a dealer of the Comapny B. A procures customer to sell the machines of Company B. Customer sends payment directly to Company B & Company B sells the machine to Customer directly on Company's Invoice with a warranty of one year(issued by the Company). Dealer makes interstate purchases of the parts from the ccompany B for selling parts to customer on cost. Customer who purchased the machine directly from Company approaches the dealer for warranty replacement of defective part/s. Dealer A gives the replacement of defective part to Customer. Now query is of the VAT liability of the part given to customer. Whether there is any Vat liability of the dealer ,on the part given to customer or not. If there is Vat liability. Can any one provide us with the Vat notification on the subject. I hope you will guide us. With regards, adarsh Aggarwal 09205089707 tallypathankot@gmail.com

sri says : VAT
dear sir while i am searching about Warranty i found ur ans to certain qs. I hava a doubt about Warranty Sale i.e I am Dealer of Tata Motors and i palce the warranty parts to my clients later i claim from the company it take 2 -3 months to get the amount / goods. in the mean time i have to file the vat return in that return should i show those warranty as SALe. If sale then should i pay ap vat tax .. plz xpalin.....please

Dhaval says : MVAT Audit
Dear CA Umesh, I am CA Dhaval Satra from Mumbai, I had attended your lecture on MVAT audit issues held by WIRC. In that lecture you had elaborately explained the various changes that have been made in the 704 Audit report. My query is related to the issues and their corresponding remarks. I need an assistance as to where should these remarks/disclosures be made in the form ( Para 3 Part I/para 5 / Annexure K) so as to create a win-win sitiation for us as well as the clients. My issues are mainly for CST returns not filed, pro rate method of bifurcation of sales, non maintenance of stock register, TIN wise details od sales/purchase...and others. Please assist in this regard. Thanking you dhavalsatra@gmail.com