Google Pay Daily Transaction Limit in India (2025): Amount, Number & Bank Rules

Google Pay transactions are also subject to limits set by the bank linked to the user’s account. Some banks impose lower daily transaction amounts or limits on the number of transactions. Here are example limits for some major banks:

• Filing your income tax return (if not already filed)
• Submitting bank statements, income and expense details, audit reports
• Providing proofs for deductions and exemptions claimed
• Clarification about specific transactions, investments, or overseas assets
• Information about business contracts or large cash transactions
• Details of assets, liabilities, and financial situation as on a given date

1. Read the notice carefully. Identify exactly what is being requested: filing a return, providing evidence, or giving an explanation.
2. Check the deadline. There’s always a specific response window—missing this can have serious consequences.
3. Gather the necessary documents and data.
4. Log into the Income Tax e-Filing portal and access the notice under ‘e-Proceedings’.
5. Prepare your response and upload documents online
6. Submit, download, and keep the acknowledgment for your records.

Here’s a checklist to help you prepare:

• Income Tax Returns (ITR) for the relevant assessment year
• Bank account statements
• Audited financial statements (Balance Sheet, P&L)
• Details of income and expenses (including salary, business, or professional income)
• Bills, vouchers, and invoices
• Investment proofs (FDs, mutual funds, insurance, etc.)
• Agreements or contracts related to income or expenses
• Details of assets and liabilities
• PAN card and identity proof
• Any other documents specifically asked for in the notice

Upload only clear, legible copies in formats allowed (PDF, Excel, CSV as specified on the portal).

• Log in to the e-Filing Portal: www.incometax.gov.in
• Navigate to e-Proceedings: Find the notice under ‘pending actions’.
• Select Notice 142(1): Click to open and review the specific queries.
• Choose Response Type:

1. Full Response if you can reply to everything now
2. Partial Response if some documents/explanations will follow later

• Upload Documents: Attach all supporting papers as requested.
• Submit & Download Acknowledgment: Always save the confirmation of submission for future reference.

⦁ Address every query separately—avoid generic answers.
⦁ Never miss the deadline—request an adjournment online if you need more time, with valid reasons.
⦁ Proofread your reply; inaccuracies or missing information may lead to further scrutiny.
⦁ Seek professional help if you’re unsure—incorrect or sloppy replies can trigger penalties, deeper investigation, or even prosecution.
⦁ Download and keep all acknowledgments and copies of communication safely.

1. The AO may estimate your income and assess tax liability on ‘best judgment’—often leading to higher demands.
2. You could be fined up to ₹10,000, or even face prosecution in serious cases.
3. Your scrutiny risk increases in future filings, and you may be subject to searches or raids.

A Section 142(1) Income Tax Notice is a routine but legally important part of the Income Tax assessment process in India. Timely, organized, and transparent responses—backed by all necessary documents—ensure quick closure and minimize legal risk. Always treat such notices as priority and consult an expert for professional drafting or if you’re facing complex queries.

Download your notice, prepare your documents, and reply through the e-filing portal without delay. If needed, consult with a tax professional—or reach out to kaagzaat for help with drafting, digital filing guidance, or expert representation.

Stay compliant. Stay stress-free.