Credit Card

203 views
User Avatar

1 Points Posted on 19 January 2021

I have a credit card with 30000 dues. I have not paid it since 8 months because of some bank issues. Today I have received my card statement. Now my total dues are nil and there is a journal entry of credit "SALE OF ASSETS" without any payment. I am confused. Can any one help me out?

0 Reply Share Follow
On 19 January 2021 at 22:20 Report
Replies (2)
Quick Summary
A user is confused by their credit card statement, which shows nil dues despite a large outstanding balance and an unexplained 'SALE OF ASSETS' credit entry. They haven't paid for eight months due to bank issues. Suggestions include contacting the bank directly or checking if funds were deducted from a savings account.

User Avatar

Chartered Accountant
24588 Points Posted on 20 January 2021
It might be that bank has deducted from your savings account
Reply
On 20 January 2021 at 07:26
User Avatar

Partner
1072 Points Posted on 21 January 2021

Contact Bank's Toll Free Number.

Reply
On 21 January 2021 at 16:22

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. Company 3 months old, INC-20A not filed, all 3 of
  2. How do I choose the Best GST Lawyers in New Delhi
  3. Loss on sale of residential flat after indexing al
  4. Short Deduction
  5. Large mismatch between AIS Business Receipts and G
  6. Income tax on Australian Stipendiary Steward on 3
  7. INCOME TAX SECTION 92E
  8. Queries on Tax Invoice and GST
  9. Income Tax Auditor Tenure for Small Companies
  10. Sec 8 company sec 12ab reg

More recent discussions | Post

Related Topics :

Loading