HamantSama
KF Rookie
Ager 2000000 rs. Ki upi transition self ke account to 2nd self account per hai to Koi dikkat Nahi hai.?
Upi transition
- Thread starter HamantSama
- Start date
zacobite
KF Mentor
kitne transaction kiye aapne.. aur kyon... dikkat ho bhi sakti hai.. agar aapke. paas iska thos reason na ho tho
HamantSama
KF Rookie
Me self transfer karta rhta hu, ek account me se apne dusre account per, cashback panne ke liyee
zacobite
KF Mentor
koi problem nahi.. explanation tayar rakhiye..
No issues at all from Income Tax perspective...your money..your wish...however if any one/both your banks question you for large number of transactions which obviously will not correspond to your income then they can freeze your account and then you will have issues
prometheus
KF Ace
@HamantSama Cashback income bhi taxable hoti hai, no matter how small it maybe. Better rahega ye bhi income dikhaye other income mein ya gift mein.
Prince
KF Mentor
Having large number of transactions in Bank Statement will lead to bank flagging of your account and blocking the same., irrespective of the fact that its self transfer. You should avoid doing this.
"One of know also did this with Bajaj UPI and earned cashback, but his ICICI Account got flagged and account was closed with 15 days notice period"
Moreover the Cashback is income and should be declare in ITR
"One of know also did this with Bajaj UPI and earned cashback, but his ICICI Account got flagged and account was closed with 15 days notice period"
Moreover the Cashback is income and should be declare in ITR
