Tonymathew
TF Ace
1) Would money rotation especially CC to self transfer using Snapay via billpayment to self account notify IT Department and ask you for source of the credit? Would that self transferred money be added as income during our ITR? Can it ever be messy?
2) Is it legal or illegal to pay one credit card bill using other credit card? Like using Snapay?
3) Since every second wallet based app like mobikwik, Paytm, phonepe, provides credit card to wallet service, is it problematic to use such service and regularly transfer credit card to bank encashment? If asked by the IT dept, would such an explanation be satisfactory?
2) Is it legal or illegal to pay one credit card bill using other credit card? Like using Snapay?
3) Since every second wallet based app like mobikwik, Paytm, phonepe, provides credit card to wallet service, is it problematic to use such service and regularly transfer credit card to bank encashment? If asked by the IT dept, would such an explanation be satisfactory?
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