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high-value cash transactions

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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High-Value Cash Transactions in Hotels and Hospitals Under Income Tax Radar: CBDT Direction

18 August 2024 by Adv Aditya Narayan
cash transactions

CBDT has directed the income tax department to monitor such high value cash transactions in a “non-intrusive” manner. High-Value Cash Transactions under ITD Scrutiny: The Income Tax Department is tightening its scrutiny on sectors like hotels, luxury brand sales, hospitals, …

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