Loan or expense


This query is : Resolved 

Quick Summary
This discussion clarifies whether using a UPI-linked personal credit card for spending in your own shop's swipe machine or QR code constitutes a loan or an expense. If no goods are exchanged and no bill is raised, it is considered a loan.

15 June 2024 UPI linked personal credit card spend in own shop swipe machine or QR code

A loan or expense?

15 June 2024 Whether any goods taken in its exchange?

15 June 2024 No Bill raise or good taken

15 June 2024 In that case it is a LOAN.

30 August 2024 Good luck.


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