Credit card
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
23 July 2015
I AM SALARIED EMPLOYEE AND ALSO RECEIVED FORM 16 EVERY YEAR FROM MY COMPANY.
AND I HAVE TWO CREDIT CARD AND BOTH CARD ARE USED BY MY FRIENDS AND RELATIVES, DURING THE YEAR TOTAL PURCHASE MADE BY CREDIT CARD IS TWO TIME MORE THEN MY SALARY..
SO IS THERE ANY PROBLEM ARISE DUE TO USE OF CREDIT CARD??? AND ALSO I AM NOT SHOWING ANY CREDIT CARD DETAIL IN INCOME TAX RETURN...PLZ REPLY ME...
AND I HAVE TWO CREDIT CARD AND BOTH CARD ARE USED BY MY FRIENDS AND RELATIVES, DURING THE YEAR TOTAL PURCHASE MADE BY CREDIT CARD IS TWO TIME MORE THEN MY SALARY..
SO IS THERE ANY PROBLEM ARISE DUE TO USE OF CREDIT CARD??? AND ALSO I AM NOT SHOWING ANY CREDIT CARD DETAIL IN INCOME TAX RETURN...PLZ REPLY ME...
23 July 2015
Credit card details need not be given in income tax return. But when enquired by IT officials you have to provide source of income.
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