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The Economic Times
The Economic Times
Business
Anshika Jain

Can you get income tax notice for making digital payments through UPI, NEFT, RTGS, and IMPS? Know when it can be triggered

Do you believe that an income tax notice gets triggered only when you deposit large sums of cash? Think again. Even legitimate transactions made through UPI, NEFT, RTGS or IMPS can come under the Income Tax Department's scanner if they don't match the income reported in your ITR.

Let’s explore when digital transactions invite scrutiny, and how to avoid unnecessary notices.

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