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    <title>Clarification - CBDT</title>
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    <description>The reporting threshold for credit card payments in the Income Tax Return applies per credit card. Taxpayers must aggregate all payments made during the year against each individual credit card, identify cards whose annual payments meet or exceed the threshold, and disclose the total payments for those qualifying cards; cards with annual payments below the threshold need not be reported.</description>
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      <description>The reporting threshold for credit card payments in the Income Tax Return applies per credit card. Taxpayers must aggregate all payments made during the year against each individual credit card, identify cards whose annual payments meet or exceed the threshold, and disclose the total payments for those qualifying cards; cards with annual payments below the threshold need not be reported.</description>
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