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Credit card limitations

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8 Points Posted on 06 November 2021
how many amount can I transacted in a financial year through credit cards
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On 06 November 2021 at 23:40 Report
Replies (7)
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Student
412 Points Posted on 07 November 2021
Generally no limit
for further query, elaborate your query
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On 07 November 2021 at 00:45
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Chartered Accountant
24588 Points Posted on 07 November 2021
There is no such limit
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On 07 November 2021 at 05:54
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8 Points Posted on 07 November 2021
Reward earned from credit cards are taxable or not. I transacted yearly 50 lakh through credit cards and earned 50000 rs cash rewards. in future any problems will arise or no.
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On 07 November 2021 at 08:07
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CA
10436 Points Posted on 07 November 2021
Rewards of credit cards are taxable if they exceed Rs 50,000 during the year. For any further query you can text me personally.
2 Reply
On 07 November 2021 at 08:50
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8 Points Posted on 07 November 2021
Sir please provide your whatsapp number
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On 07 November 2021 at 08:54
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CA
10436 Points Posted on 07 November 2021
Check your inbox
2 Reply
On 07 November 2021 at 08:55
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8 Points Posted on 07 November 2021
Whether I have to show all credit card total transactions amount while filling income tax
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On 07 November 2021 at 19:32


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