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频道帖子
Selling property?
Or just sold property?
then you must read this...
https://www.linkedin.com/posts/srikanth-matrubai_srikanthonradiocity-dontretirerich-share-7481004168535527424-LcEa/?utm_source=share&utm_medium=member_desktop&rcm=ACoAAALjJT8Bm-qQTMD1dI2o3MMdPfHnENBLiSM
| 2 |  Kind Attention Taxpayers!
The Excel Utility for ITR-5 for Assessment Year 2026–27 is now available on the Income Tax e-Filing portal.
Visit: https://www.incometax.gov.in/iec/foportal/ | 258 |
| 3 | https://srikanthmatrubai.substack.com/p/the-wet-floor
excellent article on simple mistakes and how to rectify the same | 493 |
| 4 | If your income exceeds the maximum exemption limit, or you're otherwise required to file an ITR, remember to file it before the due date.
Your ITR is basically your financial CV!
Even if your income fluctuates, filing your ITR helps you:
✅ Claim TDS.
✅ Establish official income proof.
✅ Keep your tax compliance record clean.
Take a confident step towards stronger financial credibility by filing your ITR before the due date!
👉 Visit: incometax.gov.in | 1 324 |
| 5 |  ITR Filing 2026: The deadlines have changed; Here's new calendar for salaried and business class
Taxpayers with business or professional income who are not subject to audit, filing ITR-3 or ITR-4, now get a full extra month for ITR filing until 31 August 2026. | 1 473 |
| 6 |  Photo from Srikanth Matrubai | 1 397 |
| 7 | *Govt extends GSTAT Appeal Filing deadline to 30th July as many users report GST portal crash!* | 743 |
| 8 |  Photo from Srikanth Matrubai | 1 496 |
| 9 | To ensure your Income Tax Return (ITR) is filed correctly for Assessment Year 2026-27, you must reconcile these three:
✅Form 16
✅ AIS
✅ Form 26AS
Verify your income from Bank statements, Broker statements etc. before you file your ITR.
Don't wait, File your ITR before the due date.
👉 incometax.gov.in | 923 |
| 10 | https://chat.arattai.in/groups/j43545f313238373239323332353437373938303230375f343832313739332d47437c3031303134303039303131393137353935383532363235353430
The BHAKTI SAGAR group in India's very own Arratai app
___
Follow this link to join our WhatsApp BHAKTI SAGAR community /group https://chat.whatsapp.com/EMbB6NTNS1B2dZymzIkxQ2
____
you can join our Amazing BHAKTI SAGAR Telegram Channel
https://t.me/joinchat/AAAAAFKlm9h_SyEtTyvv1Q
____
Follow the BHAKTI SAGAR channel on WhatsApp: https://whatsapp.com/channel/0029Va7cPcR6WaKnngSK143Y | 847 |
| 11 | How Gold and Silver are taxed🔥👇
Asset Type | STCG Period | STCG Tax Rate | LTCG Period | LTCG Tax Rate
Physical Gold & Silver
Up to 24 Months | Slab Rate | Over 24 Months | 12.50%
Digital Gold & Silver
Up to 24 Months | Slab Rate | Over 24 Months | 12.50%
Gold & Silver ETFs
Up to 12 Months | Slab Rate | Over 12 Months | 12.50%
Gold & Silver Mutual Funds
Up to 24 Months | Slab Rate | Over 24 Months | 12.50%
SGB (Held to Maturity – 8 Years)
N/A | Slab Rate* | 8 Years | Exempt (0%)
SGB (Sold on Exchange)
Up to 12 Months | Slab Rate | Over 12 Months | 12.50%
Interest earned on SGBs (around 2.5% annually) is taxed every year as regular income. | 1 685 |
| 12 |  Kind Attention Taxpayers!
Online filing and Excel Utility for ITR-3 for A.Y. 2026–27 is now enabled on the e-Filing portal.
https://www.incometax.gov.in/iec/foportal/downloads/income-tax-returns | 848 |
| 13 | Don’t let social media myths complicate your tax season!
Logging into the Income Tax e-Filing portal is completely hassle free.
❌ NO CAPTCHA
❌ NO Hassles
Log in today and file your ITR effortlessly.
🔗 Visit: www.incometax.gov.in | 812 |
| 14 | *Income Tax Returns portal is LIVE*
The Income Tax Return (ITR) filing portal for FY 2025-26 (AY 2026-27) is now live.
If you would like us to prepare and file your Income Tax Return, please reply to this message or contact at our mobile. We will guide you regarding the documents required and ensure timely and accurate filing of your return.
To avoid last-minute rush and delays, we recommend starting the process at the earliest as the last date is falling due on 31st July-2026. | 1 012 |
| 15 |  Don't forget to pay 1st instalment of Advance Tax | 1 125 |
| 16 | ADVANCE TAX LAST DATE TOMORROW 15 JUNE
You must pay advance tax in four installments if your total tax liability exceeds ₹10,000 in a financial year. The due dates for paying these cumulative installments are:
June 15: At least 15% of your total tax liability
September 15: At least 45% of your total tax liability
December 15: At least 75% of your total tax liability
March 15: 100% of your total tax liability
Exceptions and Important Details:
Presumptive Taxation: If you are a freelancer or small business owner opting for the Presumptive Taxation Scheme (Sections 44AD or 44ADA), you have to pay 100% of your advance tax in a single installment by March 15.
Unexpected Income: For incomes that cannot be estimated beforehand (e.g., capital gains from the sale of property/shares or lottery winnings), advance tax should be paid in the remaining installments or by March 31 to avoid interest penalties.
Salaried Individuals: If you are a salaried employee, your employer will usually deduct tax at source (TDS). Advance tax is only necessary if you have other significant sources of income (like rent, freelance work, or capital gains) that aren't reported to your employer.
Penalty: Missing these deadlines or underpaying will attract a 1% monthly interest charge under Sections 424 and 425.
You can calculate and pay your dues online using the official Income Tax India Portal using Challan No. ITNS 280.
The deadline for the first installment of advance tax for Tax Year 2026-27 is June 15, 2026.
If your net tax liability exceeds ₹10,000 after accounting for TDS/TCS, you must pay at least 15% of your estimated tax by this Monday.
⏱️ Safe Margin Rule
12% buffer: No interest penalty if you clear at least 12% by June 15.
1% penalty: Shortfalls attract monthly interest under Section 425.
🛠️ Step-by-Step Payment
Estimate: Total your projected revenue and capital gains.
Deduct: Subtract any expected TDS or TCS credits.
Select: Log into the official Income Tax India Portal.
Choose: Pick Tax Year 2026-27 under the e-Pay Tax tab.
Tax Saving Tips, Tax Queries, Tax Solutions & Latest Tax news
Join TAX TANTRI
https://t.me/TaxTantri | 1 083 |
| 17 | Gentle Reminder
Advance Tax Payment of First instalment cut off date is 15th June 🙏🏻 | 759 |
| 18 | https://youtu.be/N6qAs14v7v4?si=Ev00OVm4T_hg0Gm9
PM Modi recently made a few national appeals to citizens.
But hidden inside those simple appeals… are powerful investment lessons for our financial journey. | 896 |
| 19 |  Old section of income tax rules has been modified under new sections. | 797 |
| 20 | https://www.linkedin.com/posts/srikanth-matrubai_dontretirerich-activity-7470726117629456386-nbI5?utm_source=social_share_send&utm_medium=member_desktop_web&rcm=ACoAAALjJT8Bm-qQTMD1dI2o3MMdPfHnENBLiSM
EXCELLENT ARTICLE TO
NOT TO DEPEND 100% ON A | 911 |
