Rent payments using cc to our family members

[bharathraj.pathi]

Hi all,
Is it good to pay rent to our family members bank account using credit cards? Does it have any side effects

 

[NOOBY]

What happens if I send money to friend as rent?

I have used NoBroker rent pay before. Assuming reward > markup, is there a downside? Any income tax implication on "friend"?

www.technofino.in

What happens if I send money to friend as rent?

I have used NoBroker rent pay before. Assuming reward > markup, is there a downside? Any income tax implication on "friend"?

www.technofino.in

 

[amitamit is verified member.]

Hi all,
Is it good to pay rent to our family members bank account using credit cards? Does it have any side effects

is genuine rent? no problem.