paid by the firm on behalf of the appellant towards the credit card expenses was justified ?
(5) Whether the Income Tax Appellate Tribunal is correct ... this, the assessee was called upon to give the details regarding credit card operated by him. It is stated that the investigation was carried
that no credit cards can be used
by a third party as signature of the card holder is
mandatory while using credit card, and objected ... Assessee failed to prove the credit
entries.
6. We are also unable to appreciate the usage of credit cards in the
name of the Assessee
domain by giving false owner information and paid by Debit/Credit card then it is 100% possible to retrieve the ownership details by seeking ... revealed from the Statement of Account of Citi Bank Credit Card No.4386280246833002 in the name of Shri Achimuthu Shankar that he made the payment
petitioner and the second respondent, the petitioner was to collect credit card outstanding of M/s. Express and according to him, he has collected ... crores on behalf of the Express from defaulting credit card holders. According to the petitioner, he has been following only lawful methods for such collection
definition
assigned for the following expressions, namely, borrower, client, credit
information, credit information company and credit institution, in the
following words:
?2(b).'borrower ... credit institution, by way of loans, advances, hire purchase, leasing
facility, letter of credit, guarantee facility, venture capital assistance or
by way of credit cards
function of extending credit,
as fleet cards offer credit limits like regular credit cards.
7. Further, it appears that, extending credit facility
under Fleet card ... normal credit card and fleet card, came to the conclusion that
fleet card transactions fall under the more specific classification of
'credit card services
request for
credit facility.
5. According to the credit score, R1 fell under the category of ‘high-risk’,
based on two credit cards held ... Regulation of Credit
Information Companies in order to facilitate efficient distribution of credit and
for matters connected therewith. Credit information is defined as follows
that a gold chain, 2 finger rings, IOB debit
card, HDFC debit card and another credit card, 2 mobile
phones, which the victim carried with ... cellphone(M.O11),
IOB debit card (M.O5), HDFC Debit Card(M.O6), Furkon
Bank Credit Card(M.O7), a travel
courier service organisation, engaged in the business of delivery of credit card consignments, made a complaint to the Commissioner of Police, Egmore, stating that ... April 2009, their Nungambakkam Branch had received an add-on credit card from ABN Amro Bank and the same was delivered
provided in terms of the Credit
Information Companies (Regulation) Act, 2005 .
c. Before reporting default status of a credit card holder to
the Credit Information ... certainly brought down the credit worthiness of
the petitioner which dis-entitles the petitioner to avail any loan or credit card
facilities in future
