17/01/2026
Avoid an Income Tax Notice
5 key transactions you must watch out for
Getting an income tax notice can be stressful, but most issues can be avoided by tracking certain high-value transactions and maintaining proper proof.
5 Transactions to Track Carefully:
Fixed Deposits (FDs): ₹10 lakh+ in a financial year
Savings Account Deposits: ₹10 lakh+ in a financial year
Real Estate Investments: ₹30 lakh+ transactions
Mutual Funds & Bonds: ₹10 lakh+ investments
Foreign Spending: ₹10 lakh+ via cards/forex
✅ Tip: Always keep transaction proofs and ensure your investments match the income shown in your ITR.