Income Tax Department's Eye on High-Value Credit Card Transactions

Sahil Jaiswal , Last updated: 27 September 2024  
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The Income Tax Department of India has been increasingly monitoring high-value credit card transactions as part of its efforts to curb tax evasion and ensure better tax compliance. Here's how this works: Reporting of High-Value Transactions Credit card companies and banks are required to report ce

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Published by

Sahil Jaiswal
(Article Assistant)
Category Income Tax   Report

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