The Income Tax Department is using advanced data analytics to monitor high-value transactions to curb tax evasion. Key transactions under scrutiny include cash deposits over 10 lakh in savings accounts, large fixed deposits, significant credit card spending, property deals, and major investments in mutual funds or shares. If expenses or investments don't align with declared income, taxpayers may receive notices. It is advised to maintain proper documentation of income sources, prefer digital payments, and file ITR on time. https://punjab.news18.com/photogallery/business/beware-these-5-transactions-can-lead-to-income-tax-notice-see-list-974991.html #Creator program