Tag Archives: income tax on credit card transactions

CREDIT CARD New Rules for Customers and INCOME TAX NOTICE I GST NOTICE

By | March 13, 2024
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CREDIT CARD New Rules for Customers and INCOME TAX NOTICE I GST NOTICE I CA Satbir Singh RBI Changed the credit card rules for cusotmers, The card-issuers shall put in place an effective mechanism to monitor end use of funds. Card-issuers may issue business credit cards to business entities/individuals for business expenses. The business credit… Read More »

New Notices for significant financial transactions from Income Tax department for FY 2022-23 (AY 2023-24)

By | March 11, 2023
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New Notices for significant financial transactions from Income Tax department for FY 2022-23 (AY 2023-24) If you have done significant financial transactions , then income tax department is sending as Notices to the taxpayers.his article is written by CA satbir Singh (Contact us Taxheal@gmail.com ). Format of SMS sent to taxpayer for significant financial transactions Income… Read More »