you guys says its no problem to use ccard ? what you guys gonna show when enquiry comes about foreign transactions? are you going to show these transactions in IT returns ? what will you say when they ask for what you get these funds ?you cant simply tell them yeaa i do warez uploads or host warez sites or i own warez site ???
i have been enquired many times by banks like icici if they see too much worth of Fopreign transactions they simply call me and ask what was use of that funds ?it happened to me 2 years back when i bought two sites and enquiry was done last year, atm i own 4 server for which i pay around 800$(approx 40k INR) pm , which equals to 10k$ a year , do you think i can risk to show so much of foreign currency transactions and hope IT guys will do nothing ? guys just using cc is not simple thing.
