Will there be Prob if i transfer $ using Paypal??

Discussion in 'PayPal' started by handa10, Nov 10, 2012.

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  1. #1
    Hi,
    I would like to buy some online course ~ 900$
    I wanna ask will there be any problem if i transfer such a huge amount via paypal?

    I m a Student
    I have added my PAN acc no. at Paypal And Verified that Paypal Acc

    I`m Not as earning individual


    thanks
     
    handa10, Nov 10, 2012 IP
  2. digitalX

    digitalX Active Member

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    #2
    I don't think there will be a problem if your account is fully verified.
     
    digitalX, Nov 10, 2012 IP
    handa10 likes this.
  3. handa10

    handa10 Member

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    #3
    Thank you digitalX

    i just want to add

    Will i be payable to Income tax too?? bcoz paypal have my PAN no.?

    as i m not earning as of now
     
    handa10, Nov 10, 2012 IP
  4. Digital_shubhi

    Digital_shubhi Illustrious Member

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    #4
    You can send money only if you have attached a CC to your account.
    And yes you need to pay income tax too as RBI keeps an eye on your PAN. ;)
     
    Digital_shubhi, Nov 11, 2012 IP
  5. nihangshah

    nihangshah Prominent Member

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    #5


    You would pay income tax on income earned, not expenses.
     
    nihangshah, Nov 11, 2012 IP
  6. MoniezOnline

    MoniezOnline Peon

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    #6
    Should be fine. Believe it or not, $900 isn't really a large amount to send. I hear more about problems from merchants with chargebacks and refunds from paypal because they are too much in favor of the buyer. They don't listen to reason and pretty much just protect the buyer in any situation. That's how they got their name, the PAYer's PAL. If you were receiving money I would be more concerned.
     
    MoniezOnline, Nov 12, 2012 IP