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IndiaTax & ComplianceUpdated: Sep 13, 2026
Direct Answer
High-risk transactions include cash deposits over ₹10L in a year, unmatched foreign remittances, suspense account balances, and mismatches between AIS and credit lines. CAs should use these as verification thresholds.
The Proactive Approach
Traditionally, accountants wait for a scrituny notice to react. A modern pre-filing analysis focuses on detecting errors that trigger those notices (Section 139(9) or 143(1)) before hitting "Submit".
The Checklist
- SFT Limits: Are cash deposits exceeding ₹10L for savings or ₹50L for current accounts?
- AIS Mismatches: Does AIS show dividend income that the client has not provided bank statements for?
- Related Party Transactions: Are there unexplained transfers between family members?
How Prefiler Helps
Prefiler's Risk Engine automatically scans thousands of bank lines and generates a definitive 'Risk Score' (e.g., 78/100) highlighting only the 5 transactions a CA needs to investigate, saving hours of manual Excel scanning.