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An I-T probe into Punjab’s property registries has exposed widespread non-reporting and faulty filings of high-value transactions.

I-T Dept Uncovers Rs. 18,000 Crore Property Reporting Gaps in Punjab

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The Income Tax Department Using AI to track Flag High-Value Transactions and Filter out PANs involved in wrongful claims and identify patterns in filing of tax returns.

IT Dept to track PANs involved in wrongful claims

SFT also known as Reportable Account, is a system designed by the Income Tax law to monitor high-value transactions made by taxpayers during the year.

SFT Filing Due Date: Know the Penalties for Non-filing of SFT

Individuals making high-value transactions should know the key limits to avoid trouble with the tax department.

High-Value Transactions That Can Get you Income Tax Notice

Avoid Tax Trouble: Be Aware of These High-Value Transactions

There are some high-value transactions for which the Income Tax Department can issue notices to you.

These High-Value Transactions Can Get You Notices From the Income Tax Department

Credit cards offer convenience but dealing in high-value transactions can grab the attention of the Income Tax Department.

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I-T Dept Uncovers Rs. 18,000 Crore Property Reporting Gaps in Punjab

IT Dept to track PANs involved in wrongful claims

SFT Filing Due Date: Know the Penalties for Non-filing of SFT

Avoid Tax Trouble: Be Aware of These High-Value Transactions

These High-Value Transactions Can Get You Notices From the Income Tax Department

How to Avoid Income Tax Notice on Credit Card Transactions? Know Here