Prohibited transaction in cash/limit on cash transactions As amended by the Finance Act, 2026 Leave a Comment / INCOME TAX / TaxConcept / July 22, 2026 / Cash at Home, CASH TRANSACTION, INCOME TAX, Income Tax Return, provision of section 4-a
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If you give more than ₹20,000 in cash, you will have to pay double the penalty! Strict alert from the tax department INCOME TAX / Radhika Goyal / September 10, 2025 / CASH TRANSACTION, INCOME TAX, income tax act, INCOME TAX DEPARTMENT, Tax news, Tax penalty
Tax Department Alert: If you are doing a cash transaction of ₹50K or more in the bank, you are inviting an IT notice INCOME TAX / Radhika Goyal / August 3, 2025 / BANK, cash, CASH TRANSACTION, INCOME TAX, INCOME TAX DEPARTMENT, Income tax notice, IT NOTICE, Tax Department Alert
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Cash transactions are now under strict scrutiny by the Income Tax Department INCOME TAX / TaxConcept / May 18, 2025 / CASH TRANSACTION, Cash Transaction Limit, Cash transaction notice, Income tax notice, income tax notice avoid, income tax notice for misreporting income, income tax notice hra, income tax notice property
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These Cash UPI Transactions Closely Monitored by Income Tax Department INCOME TAX / TaxConcept / January 24, 2025 / Cash at Home, Cash deposit in bank account limit, CASH TRANSACTION, INCOME TAX, Income Tax department notice, Reasons for Income Tax Department Notices, These Transactions Closely Monitored by Income Tax Department
These cash transactions may lead to 100% income tax penalty INCOME TAX / TaxConcept / January 11, 2025 / CASH TRANSACTION, Cash Transaction income tax notice, INCOME TAX, Income tax notice
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Income Tax Department closely monitors cash transactions across various sales and purchases INCOME TAX / TaxConcept / November 16, 2024 / Cash deposit in bank account limit, cash deposit in saving account, Cash Deposit Limit for a Savings Account as Per Income Tax Act, CASH TRANSACTION, fixed deposit income tax notice, INCOME TAX, INCOME TAX DEPARTMENT, Income tax notice, income tax notice 133, Income Tax Return
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How much cash can you deposit in a savings account to avoid tax scrutiny? INCOME TAX / TaxConcept / October 12, 2024 / Cash at Home, Cash deposit in bank account limit, cash deposit in saving account, Cash Deposit Limit for a Savings Account as Per Income Tax Act, Cash Deposit Limit for a Savings Bank Account, cash deposit limit in current account, Cash deposit limit in your Savings Account, CASH TRANSACTION
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