Income Tax notice: Huge Alert! These high worth money exchanges might cause you annual expense sees, see subtleties here
Cash Transaction Notice: If you are a citizen, then there is vital information for you. Your one slip-up can get you a notification from the expense division. In reality, the public authority watches out for all your monetary exchanges. On the off chance that you truly do cash exchanges beyond what a breaking point, you can get a notification from the Income Tax Department. In reality, the Income Tax Department needs to give data to banks, common assets, financier houses and property recorders assuming somebody in all actuality does large money exchanges. In such a circumstance, on the off chance that you likewise do more money exchanges than computerized, you are committing an error. Tell us about whatever cash exchanges that can get you the notification of Income Tax Department.
Property topping: Assuming you trade property worth 30 lakhs or more in real money, then, at that point, you will be educated about this to the Income Tax Department. In such a circumstance, the Income Tax Department can ask about it from you. You can likewise be gotten some information about the wellspring of your money.
Payment of credit card bill: Assuming you trade property worth 30 lakhs or more in real money, then, at that point, you will be educated about this to the Income Tax Department. In such a circumstance, the Income Tax Department can ask about it from you. You can likewise be gotten some information about the wellspring of your money.
Buying shares and mutual friend: In the event that you likewise store the charge card bill in real money, you can cause problems. Assuming that you store your Mastercard bill in real money more than Rs 1 lakh in one go, then the Income Tax Department can ask from you. On the off chance that you cover a Mastercard bill of more than Rs 10 lakh in real money in a monetary year, then, at that point, you will likewise need to give its source.
Deposit in cash FD: Be wary assuming you put resources into the financial exchange or do a lot of money exchanges in common assets, debentures, and securities. In the event that you put more than Rs 10 lakh in these in a monetary year, you can get a notification from the Income Tax Department.
Comments