caref (it pro) (26 Points)
29 July 2022Hi ,
I am paying my credit card bills due to financial issue by using credit card to paytm wallet to bank transfer by paying some charges. Now its showing in my 26AS as STF 006 with more than 10 lakhs. will I get a notice for this from IT dept? What to do? This is not my income but only credit card money only.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178068 Points)
Replied 29 July 2022
Maintain the accounts of all these entries with different banks, credit cars, wallets and derive your actual spending and the loan amounts.
When any query raised, upload these details with your balance sheet and income & expenditure account.
CAclubindia
