E campaign for high value transactions

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... campaign for high value transactions<br> Query (Issue) Started By: - Rajesh Kumar Dated:- 6-1-2023 Last Reply Date:- 9-1-2023 Income Tax<br>Got 1 Reply<br>Income Tax<br>I got a e campaign email from ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....income tax department through an email to verify high value transactions. I had around 60 lakhs in credit card transactions reported due to money rotation between credit cards using rent pay feature t....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....o transfer money to my own accounts. I am worried that I might be in trouble for this. Can someone please help with advise on this? Will I get a income tax notice and penalties for this ? Reply By Pa....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....dmanathan Kollengode: The Reply: It might be required to check further facts and details such as the source of fund, what what the fund from your account utilized for, etc. Therefore, it is advisable....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... to consult a professional for help and provide them with full facts.<br> Discussion Forum - Knowledge Sharing ....