Fraudulent bank account tax notice: A cook from Bhind was stunned to

A cook from Bhind was stunned to discover a shocking Rs 46 crore transaction linked to his bank account . The anomaly came to light after the Income Tax Department issued a notice , prompting him to return home from Pune, where he had been working. The case has raised questions about financial fraud , misuse of accounts , and the vulnerability of ordinary workers. | A cook from Bhind was stunned to discover a shocking Rs 46 crore transaction linked to his bank account . The anomaly came to light ... A real estate agent from Diva was stunned by an income tax notice accusing him of Rs 382 crore transactions, exposing a financial scam. Fraudsters used his documents to create bank accounts and ... Red flags of bank Deposits that can invite Income Tax Notice If you put a large amount of money, like Rs. 15 lakh, into your savings account , the bank reports it to the Income Tax Department because it’s above a certain limit (usually Rs. 10 lakh in a year). Taxpayer can invite a notice from the income tax department if they make large or unexplained cash deposits. If the department issues a notice under Section 68, you will need to provide proper documentation like business records, gift ... Learn which high-value bank or credit card transactions can trigger an Income Tax notice , how SFT reporting works, and tips to stay compliant with ITR rules.