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cash transactions restricted under income tax

Transactions That Can Trigger Scrutiny from the Income Tax Department

18 May 2025 by Aditya Narayan Parida

In its continuous effort to curb the use of unaccounted cash in the economy, the Income Tax Department of India has intensified its surveillance on certain high-value financial transactions. These transactions, if found to be disproportionate to your declared income, may lead …

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