Today I checked the AIS report of the last financial year, and found out that in the last financial year, I had spent more than 14L from the CC of indusind bank, which was reported by indusind bank.
So my question is can I get into any trouble now? Or will I get any notice from IT department
When I make an EMI transaction, the bank credits that amount back to my card. However, if I cancel the EMI and pay the full amount instantly, the credited amount shows up twice on my statement.
In this situation, which amount will be considered for the AIS? Will both credits appear, or just one?
I am 19 years old.I have hdfc credit card with limit of 50000 in my name.I took od against FD and took the od money and i don't know how to repay the od against FD.I started using that savings account after 3 months and it was reported in my cibil as delayed payment of 2 months by 91 days...
Assuming that I cross the limit of 10L for it and the bank has to report it to AIS, so which transactions out of the below will be part it ?
Transaction 1:
Expenses of 50k but the product was returned and the merchant refunded the whole amount. Everything happened before statement is...
My father is policeman and he filled itr of 8 lakh. I am using my father pnb rupay credit card for reward purpose,i opened a 1 merchant account in bob bank and by using bob account i do a daily transaction of 1lakh ruppe from my father pnb rupay cc by upi.the amount i recived in my account i...
My CC spends have been reported in AIS. Being an NRI with almost no income in India, I do have a higher income than my CC spends outside India. Will that be an issue? How should I go about filing my ITR. Any tips will be welcome.
I mostly used my previous savings for these spends.