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Sft 006 payment of cerdit card bill


Kartik Panda   26 September 2020

Kartik Panda

 2 likes  22 points

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I have received a message from income tax department for sft transaction how to deal with this
actually I have given my cerdit card to someone for use but i have received notice from income tax department

Jayendra (student)     26 September 2020

Jayendra
student 
 18 likes  196 points

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You need to answer the same on compliance portal of income tax. If it's done on your name but by another person with permission then that make no difference than use of card by you

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Kartik Panda   26 September 2020

Kartik Panda

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Other person used the card in the return they will give me cash I will deposit the cash then make payment

Jayendra (student)     26 September 2020

Jayendra
student 
 18 likes  196 points

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You can explain this things if your case is selected for scrutiny. currently you should agree to the transaction on compliance portal while keeping in mind other related matters

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Kartik Panda   26 September 2020

Kartik Panda

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If scrutiny is happened who will be taxable me or not

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Jayendra (student)     27 September 2020

Jayendra
student 
 18 likes  196 points

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You but we can explain AO about the matter

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