Top 10 Transactions That Easily Trigger Income Tax Notice

1. Depositing huge cash in your bank account can trigger an Income Tax notice instantly.

2. Buying property worth ₹30 lakh or more without matching income invites scrutiny.

3. Spending over ₹10 lakh on credit cards despite low declared income raises red flags.

4. Investing large amounts in mutual funds without proper ITR filing attracts notices.

5. High share market trading turnover not reported correctly can alert the tax department.

6. Unexplained cash deposits during special drives can still lead to notices today.

7. Foreign trips costing lakhs are tracked and compared with your income records.

8. Cash transactions above ₹2 lakh in business violate tax rules and trigger action.

9. Large fixed deposits with high interest but low income disclosure cause mismatch alerts.

10. Buying luxury cars, jewellery, or watches without income proof invites Income Tax notices.