You are under Income Tax Scanner If you have High-Value Transactions in Bank Accounts: Know More

Income Tax Scanner - High-Value Transactions - Bank Accounts - TAXSCAN

Having family functions, medical emergencies, property transactions and day to day business affairs always reflects in your bank account as high-value transactions. Do you know this may attract the attention of the income tax department? Recently, the income tax department has decided to implement artificial intelligence to monitor high-value transactions to tackle tax evaders even…

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