Someone Else Paid My CC Bill

[knight]

Could there be any complications (IT related) if someone else paid my CC Bill ?

Like if I've made some payments for a friend, or they owe me money and I let them pay my CC bill instead of taking money in my account.. can any issues arise later from this?

Considering such payments are below 2-3 lakhs in FY.. and paid from apps like paytm/mobikwik using debit card.

 

[helloworld]

https://www.technofino.in/community...-utility-bill-payments-🌟💳🏠💰.18669/post-402811

Related and answer to your question..

 

[knight]

https://www.technofino.in/community...-utility-bill-payments-🌟💳🏠💰.18669/post-402811

Related and answer to your question..

Yeah, by Income>spends equation I don't see an issue.

But my concern is about the exchange of money, for eg, usually, CA's ask to avoid taking much money in our account from friends as in case of enquiry it's hard to justify..
letting them pay CC Bill seems to be a better alternative.. unless the dept asks you for the txns details for those bill payments.

 

[helloworld]

Yeah, by Income>spends equation I don't see an issue.

But my concern is about the exchange of money, for eg, usually, CA's ask to avoid taking much money in our account from friends as in case of enquiry it's hard to justify..
letting them pay CC Bill seems to be a better alternative.. unless the dept asks you for the txns details for those bill payments.

whatever comes to your bank account = income
whatever goes from your bank account = expense

why it came, where it goes you have to explain when requested.

Note: Actually it may never came to you at this point of time, but always think twice before accepting money to your account, to avoid unnecessary attention.

 

[SSV]

Could there be any complications (IT related) if someone else paid my CC Bill ?

Like if I've made some payments for a friend, or they owe me money and I let them pay my CC bill instead of taking money in my account.. can any issues arise later from this?

Considering such payments are below 2-3 lakhs in FY.. and paid from apps like paytm/mobikwik using debit card.

Normally no issues as long as you can establish the transactions between you and your friend..
but dont make it as a habit.. For everything you need to explain IF they ask..
These won't be automatically detected by systems..
What happens is: when you were asked for some scrutiny for someother reason and if these things happen during that period then you have to explain..