💬 *7 Transactions That Could Trigger an Income Tax Notice!* 🚨 ⚠️ Certain high-value transactions may catch the attention of the Income Tax Department. Here’s what to watch out for:
🔹 Foreign Travel: Spent over ₹2 lakh? ✈️🌍 🔹 Credit Card Spending: Crossed ₹2 lakh? 💳 🔹 Cash Payments for Credit Cards: Paid ₹1 lakh+ in cash? 💵 🔹 Investments: Put ₹10 lakh+ in mutual funds, shares, or bonds? 📈 🔹 Property Purchase: Bought property worth ₹30 lakh+? 🏡 🔹 Cash Deposits: Deposited ₹10 lakh+ in cash? 🏦 🔹 Business Transactions: Cash dealings above ₹50,000? 📊
✅ Stay compliant, monitor your finances, and consult a tax expert to avoid surprises! 🧑💼















