If you are facing cash crunch or stuck in debt trap then there is no harm in doing money rotation from credit cards to bank or paying credit card bill from other credit cards, Nothing is illegal in this until you are using your own credit card and your own bank account.
But I strongly advice...
Prepare excel sheet for every credit and debit transactions from your account+credit card explaining why and where these transactions are done.
If IT dept asks then you can give proper justification & no problem will arrive.
I applied on 14 oct, link received from sms but no updates till now and card is not showing in app. I also asked CS team via twitter but they are clueless as there is no application no. generated so there is no way to track it
Bhai savings account ho ya current account matter nahi krta....
Nature of transaction kya h vo matter krta h
Suppose mere pas 2 bank accounts hain Hdfc & Icici.... I transfer 50k daily from my Hdfc account to Icici account and then 50k from icici back to hdfc...
Daily 1 lakh ka transaction ho...
No need to worry much as everything done was digital transactions and if notice arrives you can prove it easily that it is rotation from dad's credit card to your account. Even though merchant account is used.
Still you need to hire CA and file your itr only for income from credit card...
My Rs300 transaction got failed on Icici coral rupay done via Gpay, After disputing the transaction with Icici, Bank provided me temporary credit of same amount so that I do not required to pay bill. But it is more than a month refund is not credited till now.
According to bank, It will take...
Today I checked my Cibil score via onescore app and surprisingly Hdfc bank started reporting actual credit limit to cibil and experian both (don't know about crif and equifax)
Check yours & share your views.
Try to divide your name by half...like if your name is DEEPAK
You can write DEE as first name and PAK as last name.
Not sure if this works but give it a try...