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We have tried to explain some of the common high value #transactions that the #IncomeTax department would be focusing upon. The transactions include the high spending through Credit card, buy or sale of properties, investment through schemes, mutual funds, shares or bonds, purchashing DD, Pay orders through cash, cash deposit or withdrawal from savings account and few more.
If the transactions are in accordance to the Income Tax #return filed, then there would be no issue but if there is huge difference, then that can lead to trouble.
