Menu
Credit card limitations
how many amount can I transacted in a financial year through credit cards
Replies (7)
Quick Summary
Generally no limit
for further query, elaborate your query
for further query, elaborate your query
There is no such limit
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.
Rewards of credit cards are taxable if they exceed Rs 50,000 during the year. For any further query you can text me personally.
Sir please provide your whatsapp number
Check your inbox
Whether I have to show all credit card total transactions amount while filling income tax
Recent Topics :
- Practical queries on buy back of shares
- Any faculty recommendations for latest batch recor
- FAI & FAST-DS 2026 query
- Is GST registration mandatory in this case
- Buying a residential flat in Goa: should my wife b
- Income tax filling
- Applicability of RCM in the case of import of serv
- Confusion in gst registration for service category
- Itc claimed from return defaulters
- Gst input credit
Related Topics :
CAclubindia
