/6

Spot the Red Flag

Audit Instinct

1 / 6

Bank statement entry 1 of 6 — classify the risk:
Cash deposit ₹1,95,000 on 4th and again ₹1,90,000 on 9th — same depositor narration both times.

2 / 6

Bank statement entry 2 of 6 — classify the risk:
Monthly salary credit of ₹1,42,500 — narration matches employer name on Form 16.

3 / 6

Bank statement entry 3 of 6 — classify the risk:
UPI receipt of ₹65,000 with narration 'gift' from a person who is not a relative.

4 / 6

Bank statement entry 4 of 6 — classify the risk:
Quarterly interest credit from the client's own bank fixed deposit.

5 / 6

Bank statement entry 5 of 6 — classify the risk:
Credit of ₹10,00,000 in a round figure, narration 'being loan', no loan agreement or lender PAN on file.

6 / 6

Bank statement entry 6 of 6 — classify the risk:
Transfer of ₹3,50,000 received from the client's own current account in another bank.

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