CA Nikhil Goyal

Managing Partner at Kumar Goyal Bansal & Associates

[Abhishek Raja "Ram" @abhishekrajaram]

The due date for ITR-1 and ITR-2 should be 120 days from the day the utility is made available by the Department, with a 7-day extension for each change to the utility, as the Software needs time.

Retweet those who agree.

[CA Himank Singla @CAHimankSingla]

Every ITR season makes me realize one thing...

Salaried taxpayers bear the biggest tax burden.

They earn transparently through payroll, TDS is deducted before the salary even reaches them, and when it comes to filing the return, they have almost no scope to claim genuine day-to-day work-related expenses.

A professional or business owner can, subject to law, claim legitimate business expenses incurred to earn income. A salaried employee, despite spending on commuting, work essentials, upskilling, communication, and other employment-related costs, generally cannot.

Whether this is the right policy should definitely be a matter of debate. It's hard to ignore that the salaried class often has the least flexibility in the tax system while contributing significantly to direct taxes.

Just an observation after another busy ITR season. 🙏

[CA Himank Singla @CAHimankSingla]

Need opinion of all professionals in this case:

A salaried employee has:
- Salary income: ₹9 lakh
- F&O trading loss (non-speculative business loss): ₹20,000

Since the F&O loss cannot be set off against salary income, the total income before set-off exceeds the Basic Exemption Limit.

In this case, will Tax audit be applicable or not, given that Income is less than 8% and TI exceeds BEL.... ?

[CA Himank Singla @CAHimankSingla]

A little late due to personal reasons, but some days deserve to be celebrated regardless of the date.

Happy CA Day to every member of this incredible profession.

Becoming a Chartered Accountant didn't just give me a qualification... it gave me an identity, a purpose, and a lifetime of opportunities. It taught me discipline, resilience, integrity, and the confidence to take on challenges that once seemed impossible.

From a student with a dream to signing reports, serving clients, representing the profession, and now having the privilege of serving the Sangrur Branch as NICASA Chairman, this journey has been nothing short of transformative. Every milestone has been possible because of the values that this profession instilled in me.

I remain grateful to my teachers, mentors, colleagues, friends, clients, and family who have been a part of this journey.

To every student pursuing this dream... keep going. The journey is demanding, but the destination is worth every sacrifice.

Proud to be a Chartered Accountant. Proud to belong to a profession built on trust, ethics, and excellence.

Happy 78th CA Day! ❤️

[Prem Soni @ValueWithPrem]

I have heard of a Zomato loophole which is so simple, terrifying and Zomato should be losing sleep over it

A person orders 1 roti on Zomato. ₹40.

Then he calls the restaurant directly 6 rotis, paneer butter masala, malai chaap, dal makhani, gulab jamun and pays them on UPI.

Tells the restaurant to pack everything with that 1 roti Zomato order.

The Zomato rider picks it up. Delivers home. No clue that ₹1,200 of food is riding shotgun with a ₹40 order.

He’s using Zomato’s app. Zomato’s rider. Zomato’s entire logistics network and paying zero commission on 90% of his bill.

It’s cheaper than booking directly from Porter and restaurant.

The restaurant loves it. Full margin, no 25 to 30% Zomato cut.

The customer loves it. No platform fee. No surge. No GST on the hidden portion.
Zomato? Quietly subsidising the entire operation.

And here’s the part nobody’s talking about this isn’t one rogue customer. Restaurants are in on it. They may be whispering this tip to regulars to keep them off the app.

If this spreads, the unit economics of food delivery don’t just dip they bleed out from the inside.

Zomato needs to plug this loophole. This is exploitation of the system. Zomato MUST do something to stop this.

Have you seen this happening in your area?

[CA Himank Singla @CAHimankSingla]

Thankyou @SagInfoTech Genius team for enabling e-filing of ITR-1 & ITR-4!

Income Tax Return filing season finally starts in our office from tonight! (or tomorrow) 🔥🔥🫡

[CA Himank Singla @CAHimankSingla]

INCOME TAX SEASON FINALLY STARTS! 🔥🔥

The Excel utility and Online filing for ITR-1 and ITR-4 for AY 2026-27 has been enabled and is now available for taxpayers on the e-Filing portal. 🔥🔥

[CA Himank Singla @CAHimankSingla]

Dear @IncomeTaxIndia @nsitharamanoffc @nsitharaman

Please release ITR utilities 🙏🏻

[CA. Roshan Agarwal | CA Miles @rhoeshan]

ICAI has made a joke of its curriculum, its members and the students.

First one president removed 2 important subjects Costing & Law from CA finals, introduced IBS which is a joke in the name of a subject making it practically 5 subjects from 8 in finals.

Then another president introduced exams 3 times a year from 2 times a year.

One president declared 30 lac CA is needed & diluted the pass percentage to 15-30% in CA finals.

Then another president reversed exam frequency from 3 to again 2 times a year.

Now another president is aiming to bring back the curriculum to 8 subjects.

All this in the name of leaving footprint by each president.

Frequent overhauls like these create uncertainty for students, dilute consistency for members, and make the profession appear directionless. Earlier, ICAI reforms used to be gradual, long-term, and carefully thought through. Now, every new President seems eager to leave behind a “legacy move,” even if it means reversing the decisions of the previous term.

A professional course like CA cannot function on shifting philosophies every couple of years. Stability, consistency, and long-term vision matter far more than headline-grabbing reforms.

[CA Himank Singla @CAHimankSingla]

I filed my Income Tax Return for AY 2026-27 yesterday & today the refund was credited. 🔥🔥🔥
Thank you @IncomeTaxIndia.

(Then I finally woke up from my deep sleep)

[CA Himank Singla @CAHimankSingla]

Cleared all my LLB exams.
Officially an Advocate now! ❤️🔥

CA(Adv.) Himank Singla it is now! 🙌🏻

[CA Himank Singla @CAHimankSingla]

Revamped Portals...
GST
INCOME TAX
TRACES
PROTEAN
NSDL

सभी Portals को नया कुर्ता पजामा पहना के ,उनकी लीपा पोती करके professionals and taxpayers के सामने खड़ा कर दिया,अब ये पोर्टल्स चले या न चले, हमे क्या?

टैक्स के प्रोफेशनल्स हो या आम आदमी हो,वो झक मारता रहे और अपना समय खराब करता रहे, last date में GST का पोर्टल तबाह हो जाता है,अगले दिन जब सबका खून फुक कर काला पड़ जाता है,तब notification upload किया जाता है...

मेरे हिसाब से ये सब पागलपन है, और कुछ नहीं, भारत में आप Instragram, Facebook, Youtube, TikTok जैसी websites सारे दिन सारी रात scroll कर सकते है, लेकिन केंद्र सरकार या राज्य सरकार जैसी थकी हुई रोड, नाले, थकी हुई रेल गाड़ी, डग्गामार बसे चलाती है, वही same हाल इनकी websites का हुआ पड़ा है।

MCA की website भी इतनी बड़ी पनौती है,के किसी भी director का KYC या नया login create करते है या फिर नई company या LLP बनाते हैं, तो कई हजार OTP पूछने पड़ते है,सही शब्दों में कहूं तो पागलपन उठाया हुआ है सारे कामों में।

[CA Himank Singla @CAHimankSingla]

Enough is enough.

A humble but very firm request to all elected leaders of our profession - please speak up now. We need your voice, now more than ever! 🙏🏻

Every day, professionals are battling broken, unstable and poorly thought-out portals across all departments. Work that should take minutes is stretching into days, sometimes weeks and months. So many professionals are literally spending day and night firefighting and raising voice for technical glitches and believe me, this is seriously draining us mentally, professionally and personally.

Now to address the elephant in the room, we often get told “Why are you speaking? Let businesses speak, it is their issue.” But how can we remain silent when this is our day-to-day professional life? When compliance failures caused by system issues fall on our heads? When our credibility and reputation as CAs suffers because systems don’t work?

Repeated tagging, representations and feedback seem to vanish into silence. New statements are issued, new portals are rolled out, but stakeholder consultation is missing. The same issues and new ones keep appearing, with no accountability and even less resolution and full-on shamelessness of @IncomeTaxIndia @Infosys_GSTN @HelpdeskMCA21V3.

Leadership of the profession must toe the party line when needed and must also stand firmly with professionals when the ground reality becomes unbearable. We don’t need photo-ops. We need representation. We need strong voices raising real issues at the right forums. 🙏🏻

Enough is enough. Please speak for us. Please stand for the professionals you represent.

[Arpit Haldia @haldiaarpit]

If due date of GSTR-3B cannot be extended after yesterdays fiasco, here is a suggestion-

Late Fees shall be collected from 14th of every month as soon as GSTR-2B is generated..

Else someone has to take the responsibility because it was not only for GST Returns that portal was not working but many other compliance are required to be done which fail due to such inefficient working of Portal..@Infosys_GSTN

[CA Himank Singla @CAHimankSingla]

System failure you say ?

This is the utter failure of @Infosys_GSTN @FinMinIndia @nsitharamanoffc

This is utter mockery of the whole taxation compliance system in this country!!

[CA Bimal Jain @BimalGST]

Extend GSTR-3B return filing deadline: Demand by advocates and CAs as the portal is not working properly

Read More at: https://t.co/kMLfczZAS5

[CA Nikhil Goyal @CANikhilGoyal31]

@CAHimankSingla @avirelbansal084 @GoyalShub6067 Thanks Brother

[CA Himank Singla @CAHimankSingla]

Congrats to my brothers @CANikhilGoyal31 @avirelbansal084 @GoyalShub6067 for commencement of their new professional practice as partners! 🥹🙌🏻

Best wishes for the future! 🎊

[Salman Khan @BeingSalmanKhan]

Rajpal bhai aap 30 yrs se kaam kar rahe ho aur hum sabne aapko repeat kiya hai baar baar kyunki aap apna kaam jante ho aur ek value laate ho , kaam toh aapko bohot milega aur issi dollar rate pe milega aur milte rahega . Hakikat yeh hai .
Aur yeh yaad rakhna ke kabhi kabhi flow mai kuch nikal aata hai ,dena hi hai toh dimag mai rakho dil se kaam karo , dollar upar ho ya neeche kya farak padta hai dena toh India mai hi hai @rajpalofficial

[CA Himank Singla @CAHimankSingla]

PUNJAABI AAGYE OYE!
HELLO KOCHI! 😍❤️🫢