Income Tax Notice for Cash Deposits - Check These 6 Transactions

Naina Rajgoplan , Last updated: 29 July 2024 Share Follow on Google News

The income duty department has been watchful of cash deals. High-value cash deals can land trouble and attract an Income duty notice for cash deposits. Colourful fiscal realities, like Mutual Fund houses, banks etc, allow cash deals up to a specific limit, and the IT department will be notified if a

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About the Author

Naina Rajgoplan

Content Strategist

Naina Rajgopalan has a thing for numbers and a deep fascination to learn about all things finance. She's been money-wise from a young age and has always shared her knowledge and tips with those around her. Being a part of the content team at Freo, a neobank that offers flexible and customised financial products, along ... Read more

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Income Tax Notice for Cash Deposits - Check These 6 Transactions

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