Bank Transactions That Can Trigger an Income Tax Notice

Poojitha Raam Vinay pro badge , Last updated: 27 October 2025  
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Under the Income Tax Department (ITD)'s watch-list are high-value or unexplained bank/financial transactions. While most transactions are routine, some can raise red flags, potentially leading to a tax notice. These get reported via the "Specified Financial Transactions" (SFT) system and show up in

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Poojitha Raam Vinay
(Practice )
Category Income Tax   Report

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