Highvalue transactions are transactions which involve large amount of money and are reported to the Income Tax Department by banks and other institutions if the transactions cross a certain threshold.

Highvalue transactions are closely monitored by the Income Tax department through the concept of a statement of financial transaction (SFT) in Form 61A or a reportable account in Form 61B, submitted by specific entities. These entities are mandated to provide information about particular highvalue transactions which they have registered, recorded, or maintained during the fiscal year.
This enables the Income Tax Department to track an individual's financial activities and ensure tax compliance.
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DISCLAIMER:
The content of this video is my own opinion and is for information purposes only. It is not intended as a substitute for professional financial advice. It is only intended to provide educational purposes.