SD Proactive Compliance

💰 Advance Tax Due on 15 June 2026!

Taxpayers with an estimated tax liability of ₹10,000 or more for Tax Year 2026-27 must ensure timely payment of the first advance tax instalment by 15 June 2026.

✅ Due by 15 June: At least 15% of total estimated tax liability

❌ Non-compliance may attract interest under:
• Section 424 – Default in payment of advance tax
• Section 425 – Deferment of advance tax instalments

Plan your tax outflows in advance and avoid unnecessary interest costs.

Need assistance in calculating your advance tax liability? Connect with us today.

📋 ITR-4 (Sugam) has changed for FY 2025-26 /
AY 2026–27 — and if you file under presumptive taxation, you need to know this before you sit down to file.

4 key updates this year:

✅ 2 house properties now covered
✅ Secondary address field added
✅ Bank balance disclosure is now mandatory
✅ New investment disclosure required

Don’t get caught off guard. File smart, file right. 🎯

Due Date: 31st August 2026

GST Compliance Calendar for the month of June 2026.

Income Tax Compliance Calendar for June 2026.

Excel utility and online filing of ITR-2 for FY 2025-26 / AY 2026-27 are now live at Income Tax Portal and available for filing.

📋 Filing your ITR this year? Here’s what’s actually changed in ITR-1 (Sahaj) for FY 2025-26 — not recycled points, just the 4 real updates you need to know before you file.

✅ Got 2 house properties? You can now stay on ITR-1 — no need to switch to ITR-2.

✅ Unrealised rent now has its own dedicated field.

❌ Overseas pension (Sec 89A) fields are gone — shift to ITR-2/3 if applicable.

✅ Add a secondary address & contact for better CBDT communication.

⏰ Due date: 31st July 2026 — don’t wait for the last minute!

Save this post & share with someone filing their ITR this season. 👇

🚨 Important update for businesses, transporters & ERP users.

GSTN has proposed major enhancements in the E-Way Bill system including:
✔ Mandatory “Ship-To GSTIN”
✔ Voluntary EWB Closure Facility
✔ Mobile-based closure functionality
✔ API & ERP level changes

Businesses should review their EWB workflows and ensure system readiness in advance.

📅 Proposed production deployment:
15 June 2026

Save this post for future reference.

Excel utilities and online filing of ITR-1 & ITR-4 for the
FY 2025-26 / AY 2026-27 are now live at Income Tax Portal and available for filing.

Income Tax Compliance Calendar for
April 2026.

GST Compliance Calendar for the month of April 2026.