Tax with Banka

04/06/2026

26/05/2026

🚨 Don’t miss your ITR deadline for FY 2025-26!

Whether you’re salaried, freelancer, business owner or company — filing your Income Tax Return on time helps you avoid penalties, interest & compliance issues. ✅

📅 Save these important due dates now and stay tax-ready.

Need professional assistance with:
✔️ ITR Filing
✔️ Tax Planning
✔️ Audit & Compliance
✔️ Business Advisory

👨‍💼 CA Nishank Banka
📩 DM us

25/05/2026

08/05/2026

BIG UPDATE for FY 2026-27! 🛑 Did you know eligible senior citizens (75+) are entirely EXEMPT from filing an ITR?

​Under the new Income Tax Act 2025, Form 125 is the ultimate game-changer for super senior citizens. No more logging into portals or stressing over return deadlines.

​The Catch? Strict Eligibility:
👉 You must be 75+
👉 Your only income must be pension and interest.
👉 Both must be processed by the same specified bank.

​If you check all the boxes, your bank does the compliance work for you. Hassle-free.
​Check the infographic for the full breakdown and the new changes (Goodbye Form 15H, Hello Form 121!).

​👇 Know a senior citizen who needs to hear this? Tag them or share this to their WhatsApp!

​

06/05/2026

India just got a NEW way to invest in gold 👀🥇

Not jewellery.
Not Gold ETF.
Not Digital Gold apps.

NSE has introduced Electronic Gold Receipts (EGRs) — making gold investment as easy as buying stocks.

Now you can:
✔ Buy gold like stocks
✔ Hold it in Demat
✔ Avoid locker risks
✔ Even take physical delivery

But is it actually worth it? 🤔

Swipe through for the full breakdown 🚀

💬 Comment “GOLD” if you want a comparison with SGB also

05/05/2026

If you own a Truck/Goods Carring Vehicle 🚛📘…
This post can save your tax + time + stress 😮
Most transporters don’t know:

👉 You don’t always need detailed accounts

👉 You can pay tax on a fixed income basis

Simple system. Less compliance. More growth. 📈

No books. No audit. Less compliance. More business focus.
💬 Comment “TRUCK” if you want a quick calculation for your case

Save this post before your next filing.

04/05/2026

May 2026 mein ek bhi due date miss ki
toh penalty pakki hai. 🚨

Save karo. Share karo. Bhoolna mat. 📅

15 May — MEGA CLUSTER ⚠️
20 May — HEAVY DAY 💥
31 May — ₹200/day late fee 😬

Compliance simple nahi hai —
lekin ignore karna aur bhi costly hai.

🔖 Save this post. Thank yourself later.


IncomeTax CA
TaxCompliance IndianCA FinanceIndia

03/05/2026

Section 44AD – Simplify your business taxation 💼

If you’re a small business owner, this scheme can save both time and compliance cost:

✔ No need to maintain detailed books
✔ No tax audit (if conditions satisfied)
✔ Presumptive income @ 6% / 8%
✔ Easy return filing (ITR-4)

📊 Higher turnover limit up to ₹3 Cr (with digital transactions)
📅 Advance tax = Single payment by 15th March

⚠ But remember:
Lock-in of 5 years & audit trigger conditions apply
📌 Applicable for FY 2025–26
📌 As per Income Tax provisions

Save this post for quick reference & make informed tax decisions ✔️
— TaxWithBanka

02/05/2026

💰 Tax liability ZERO… but TDS still deducted?

Section 194T is hitting small partners hard.

10% gets deducted even when tax payable is NIL.

⏳ Refund? Takes months.

📉 Cash flow? Already impacted.

👉 Compliance or unnecessary burden?