Income Tax Alert: Cash Deposits Over ₹10 Lakh Will Be Reported via SFT—Avoid These Mistakes
When you deposit cash of ₹10 lakh or more into your bank account, it becomes a significant trigger for the…
cash transactions
Caution! These 5 Major Financial Transactions Are Under Direct Income Tax Scrutiny, Know the Rules to Avoid Notices
In the digital age, the ways of handling money transactions have changed, and along with it, the Income Tax Department's…
Income Tax Alert: Giving Cash to Your Wife Could Get You a Notice! Know the Rules Now
Income tax notice rules: Cash transactions between husband and wife are common, but if done without caution, you could receive…
Can You Be Fined 100% for High Cash Transactions? Know the Latest Tax Rules
The government wants to promote digital transactions, so rules have been set to prevent payments in cash beyond a certain…