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How Income Tax Department Tracks Your Income Details, You are currently required to submit PAN for all high-value transactions. Property registrars and financial organizations you work with, such as your bank, insurance, mutual fund company and credit card business, provide information to the tax department about your significant transactions etc.,

How Income Tax Department Tracks Your Income Details, You are currently required to submit PAN for all high-value transactions. Property registrars and financial organizations you work with, such as your bank, insurance, mutual fund company and credit card business, provide information to the tax department about your significant transactions etc., The Income Tax Department has increased its vigilance against unreported income to combat tax evasion. You are currently required to submit PAN for all high-value transactions. Property registrars and financial organisations you work with, such as your bank, insurance, mutual fund company and credit card business, provide information to the tax department about your significant transactions. The tax division compares this data with the income tax returns you submit. Moreover, the rise in internet penetration and social media pages of the tax evaders also give income tax personnel a clue to investigate. The IT department via Project Insight k...

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