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Articles by CS Advocate Abhishek Goyal

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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.



Steps for makeover of Tax Administration in India!

  CS Advocate Abhishek Goyal    04 December 2018 at 12:10

A. Introduction: There has been a lot of talk off late over �ease of doing business� in India and the Government at the center is enthusiastic about