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  1. Batmanbaba

    A Thread regarding credit card spends and Income tax notice.....

    As per the CBDT norms, 1. Payment of ₹1 lakh or more in cash against credit card bills should be reported to income tax department. 2.Additionally, if payment of ₹10 lakh or higher is paid in a financial year to settle credit card bills by any other means like NEFT, UPI or apps like CRED...
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