@Wealth is my birth right! Something just occurred to me, if a cancel the card on which I have 10l+ spends before financial year-end, will it still reflect in my AIS or TIS. Will the bank still report it to the Income Tax Department?
Hi, i saw a technofino video on YouTube where he said you can email Axis Bank to try to convince them to issue a 4th credit card. I want to try that, however i couldn't find any email for the credit card team anywhere.
Can someone help?
Hi everyone, need some help.
I saw on one of technofinos latest videos that we could email axis Bank and try to convince them to issue a 4th credit card.
However, I've been unable to find an email address where i could get on touch with the credit card team.
can someone help?
Thanks a lot for replying, Karan & Wealth. Yup, it's on Magnus, I was hoping to meet the milestone spends every month, and then spend waiver as well. Plus a few expenses on other cards. So 26 AS reporting will happen. However, it wouldn't be more than 70-75% of my ITR.
Hi, hope this thread is not dead. In cases where the credit card spend is >10 L and around 60% of ITR for a salaried employee, let's say 30L ITR, 18L credit card spend, can one expect to get a notice from the income tax department? Or is it fine? What if it's 80%? Or does the scrutiny kick in...