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Channel Posts
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-Cash Withdrawn: ₹20 Lakh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.
| 2 |  No text... | 766 |
| 3 | 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 | 370 |
| 4 |  Income tax return filing last date - 31st July. | 832 |
| 5 | ## 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.* | 959 |
| 6 | 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 | 980 |
| 7 |  No text... | 490 |
| 8 | 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 | 1 232 |
| 9 | Cost Inflation Index for Financial year, 2026 27 is 384
@FinMinIndia @IncomeTaxIndia | 617 |
| 10 |  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! | 744 |
| 11 | 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/ | 1 829 |
| 12 | join our TELEGRAM channel
Best ideas shared to create Mountains of Wealth on our Telegram channel
WEALTH WISDOM
https://t.me/joinchat/AAAAAELl4KUnaJzi-JJlDg | 1 015 |
| 13 | 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 | 1 053 |
| 14 |  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/ | 894 |
| 15 | https://srikanthmatrubai.substack.com/p/the-wet-floor
excellent article on simple mistakes and how to rectify the same | 957 |
| 16 | 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 | 2 115 |
| 17 |  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. | 2 055 |
| 18 |  Photo from Srikanth Matrubai | 1 948 |
| 19 | *Govt extends GSTAT Appeal Filing deadline to 30th July as many users report GST portal crash!* | 1 068 |
| 20 |  Photo from Srikanth Matrubai | 1 968 |
