Credit card use

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8 Points Posted on 09 November 2021
Whether I have to show all credit card total transactions amount while filling income tax
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On 09 November 2021 at 16:01 Report
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Quick Summary
When filing your income tax return, you generally do not need to declare your total credit card transactions. Instead, you should only focus on claiming permissible expenses that are relevant to your tax situation. There isn't a specific section on the Income Tax Return (ITR) form designated for listing all your credit card expenditures.

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ca
603 Points Posted on 09 November 2021
Not necessary. Only permissible expenses can be claimed, there is no head in ITR to show total credit card expenses.
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On 09 November 2021 at 18:33
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Chartered Accountant
24588 Points Posted on 09 November 2021
Not required
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On 09 November 2021 at 18:33

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