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Channel Posts
HEALTH IS TRULY WEALTH
Stay healthy with these easy to follow Health tips
Best Telegram channel on HEALTH
https://t.me/joinchat/AAAAAERoXZtYzeFw1dcorA
| 2 |  No text... | 233 |
| 3 |  Photo from Srikanth Matrubai | 322 |
| 4 | "I'll Do It Tomorrow" often turns into deadline-day panic.
Don't wait for July 31, 2026 to file your ITR-1 & ITR-2 for AY 2026-27.
Reconcile your documents and file ITR-1 & ITR-2 for AY 2026–27 today!
🔗 www.incometax.gov.in | 787 |
| 5 | These Transactions Can Invite Income Tax Scrutiny.
Save this checklist for future reference:
• Cash deposits in Savings Account: ₹10 lakh or more (aggregate in a financial year)
• Cash deposits in Current Account: ₹50 lakh or more
• Cash payment towards Credit Card bills: ₹1 lakh or more
• Credit Card payments through banking channels: ₹10 lakh or more (reported transaction; not a violation by itself)
• Purchase or Sale of Immovable Property: ₹30 lakh or more (or lower if reported under local stamp duty rules)
• Fixed Deposits: ₹10 lakh or more in a financial year
• Foreign Travel or Forex Purchases: ₹10 lakh or more
• Investment in Shares, Mutual Funds, Bonds, Debentures, etc.: ₹10 lakh or more
• Cash withdrawals from one or more current accounts: ₹20 lakh or more (subject to applicable provisions)
• High-value UPI transactions: No official reporting threshold has been notified. The widely circulated ₹50 lakh limit is not an Income Tax rule. | 483 |
| 6 | One Wrong Transaction Can Invite A Tax Notice.
Save it For Later
-Cash Deposit in Saving Account: ₹10 Lakh
-Cash Deposit in Current Account: ₹50 Lakh
-Credit Card Payment in Cash: ₹1 Lakh
-Credit Card Payment Online: ₹10 Lakh
-Purchase/Sale of Property: ₹30 Lakh
-Investment in FD/Year: ₹10Lakh
-Foreign Travel/Forex Purchases: ₹10 Lakh
-Investment in Shares, Bonds & MF: ₹10 Lakh
-Cash Withdrawn: ₹20 Lakh
-UPI Transaction: ₹50 Lakh (Not Officially)
Income Tax Closely Monitoring These 10 Transactions. | 149 |
| 7 |  No text... | 1 411 |
| 8 | It’s a BEAUTIFUL WORLD with POSITIVITY
Excellent 👌 Stories shared
Bring Positiveness in your life with these beautiful stories & incidents
Upgrade your Life
https://t.me/joinchat/AAAAAEvfUpR5w2m8_9chjw
Follow the Excellent Stories channel on WhatsApp: https://whatsapp.com/channel/0029VaiEcabInlqPQSkl5B1O
ARATTAI
AMAZING STORIES
https://aratt.ai/@amazing_stories | 648 |
| 9 |  Income tax return filing last date - 31st July. | 1 235 |
| 10 | ## Your Income Tax Return Is No Longer Filed in Isolation.
Your AIS, Form 26AS, TDS records, bank interest, dividends and capital gains are all cross-verified.
Even a small mismatch can lead to a notice or a request for clarification.
Before clicking 'Submit', take 15 minutes to review these 8 areas:
✔ Supporting proofs for deductions and exemptions
✔ AIS & Form 26AS reconciliation
✔ Correct ITR form
✔ All sources of income disclosed
✔ Capital gains reported correctly
✔ Income from previous employer included (if applicable)
✔ File before the due date
✔ Verify your ITR after filing
The fastest way to file isn't always the smartest.
The goal is not to file early. The goal is to file accurately.
*Source: The Economic Times*
*For educational purposes only. Please consult your Chartered Accountant or tax advisor for advice specific to your circumstances.* | 1 308 |
| 11 | Foreign bank accounts & Foreign investments showing in your AIS?
It’s a taxpayer facilitation measure by the Income tax department. With data shared from 100+ countries, pre-verifying foreign assets before filing your ITR is now smooth & seamless.
Quick 4 Step Access:
1️⃣ e-Filing Portal ➡️ AIS
2️⃣ Go to Compliance Portal
3️⃣ Select Reports ➡️ Foreign Assets Information
4️⃣ Select Year & Download PDF 📄
Whether listed in AIS or not, declaring all foreign assets in Schedule FA is mandatory before filing your ITR.
🔗 eportal.incometax.gov.in | 1 288 |
| 12 |  No text... | 658 |
| 13 | Filling your ITR for AY 2026-27 is a breeze when you know what to check.
Here is a quick checklist:
✅ Reconcile Form 16, 26AS & AIS.
✅ Check bank statements, investment & deduction proofs.
✅ Verify & submit!
Beat the last-minute rush and file your ITR 1 & 2 for AY 2026-27 before 31 July 2026.
File now on www.incometax.gov.in | 1 494 |
| 14 | Cost Inflation Index for Financial year, 2026 27 is 384
@FinMinIndia @IncomeTaxIndia | 763 |
| 15 |  Update in AIS!
The Income Tax Department has introduced a Foreign Assets Information tab in the AIS Compliance Portal. Time to review your global asset details! | 896 |
| 16 | Over 1.7 Crore taxpayers have already taken the smart step and filed their ITRs for A.Y. 2026-27!
With more than 10 Lakh returns filed just yesterday, the momentum is building.
Have you filed your ITR 1 & 2 yet?
Don't wait for the final rush. Beat the last-minute traffic & file smoothly before the deadline of 31 July 2026.
🌐 File now: https://www.incometax.gov.in/iec/foportal/ | 2 024 |
| 17 | join our TELEGRAM channel
Best ideas shared to create Mountains of Wealth on our Telegram channel
WEALTH WISDOM
https://t.me/joinchat/AAAAAELl4KUnaJzi-JJlDg | 1 162 |
| 18 | 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 | 1 182 |
| 19 |  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/ | 926 |
| 20 | https://srikanthmatrubai.substack.com/p/the-wet-floor
excellent article on simple mistakes and how to rectify the same | 990 |
