Do I need to pay Tax if I transfer money from Credit Card to My Saving account?

pr br (319 Points)

23 September 2019  
There are few ways where you can trensfer /rotate money from my own credit card to own saving account by paying some % of payment gateway fees?

This month I transfered Rs. 5,00,000 in Aug month from my credit card to my saving account by paying fee of 5000(gateway charge) then Rs. 5,00,000 deposited to my saving account. Do I need to declare it in ITR?

In September also I transfered 10 lacs from credit card to my saving account by paying some fee.

I think we do not need to declare it to ITR since it is not a income, just a like personal loan. so We do not need to do anything.

Anyone please clarify?