Articles by CS Advocate Abhishek Goyal

Gist of CBIC notifications dated 5th July 2022

CS Advocate Abhishek Goyal 07 July 2022 at 16:18

In compliance of recently concluded GST Council meeting and recommendations made by the Council therein, the CBIC has issued various notifications to give effect to some of those recommendations on 05.07.2022.

How to make visualization and affirmations do wonders!

CS Advocate Abhishek Goyal 20 June 2022 at 08:32

Our mind tends to be protective of ourselves, it shies away from trying something which it hasn't experienced before. Moreover our sub conscious mind is store house of our experiences in the past and present.

Whether GST is leviable on royalty or not?

CS Advocate Abhishek Goyal 15 June 2022 at 08:53

Royalty is the consideration which is charged by the state government from mine owners on account of excavation from mines which belong to state government.

How to draft reply to ASMT 10 in case of mismatch between 3B and 2A

CS Advocate Abhishek Goyal 14 June 2022 at 16:45

It is seen that most of the scrutiny proceedings are initiated on the basis of alleged mismatches between the ITC claimed in GSTR-3B and that reflected in 2A for the FY 17-18 in particular. The department has been issuing ASMT-10, DRC-01A and DRC-01 in such cases based on relevant provisions of the Act.

Success is not a matter of choice!

CS Advocate Abhishek Goyal 07 April 2022 at 08:42

Success is a duty, an obligation and not a matter of choice certainly for all of us have a fundamental right to attain greatness in our precious lives. Make no mistake about that!

Section 54 & 54F: Some of the finer points and judicial decisions

CS Advocate Abhishek Goyal 15 March 2022 at 08:52

As we are aware, section 54 of the Income Tax Act, 1961 provides exemption to the assessee from long term capital gains accruing to the assessee on account of transfer of a capital asset which is a residential house property subject to conditions prescribed therein.

Sparsh: Life Lessons #2 - Beyond my capacity - Do not tell me!

CS Advocate Abhishek Goyal 18 July 2021 at 09:39

This thing 'beyond the capacity' doesn't even exist! Had it been in existence, we couldn't have seen so many great innovations, inventions and researches which have made our lives smarter, cooler and easier.

Sparsh: Life Lessons Express #1

CS Advocate Abhishek Goyal 13 July 2021 at 09:06

Life is an unsolved puzzle. Sometimes you may feel as if nothing is controllable in your hands. However, it is equally true that we shape our lives more often than not.

Union Budget 2020 - Direct Tax Proposals - Just missed the bus!

CS Advocate Abhishek Goyal 17 February 2020 at 10:05

Direct Tax Proposals form a backbone of Union Budget. This year also, several key changes have been brought to the statute book of Income Tax. These changes are meant to constant refinement and fine tuning of the law relating to Income Tax which is still the foremost source of revenue for the Government.