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Pranav-Mehta

Hey! Wanted to know about the tax liabilities. I had

done some projects and got payment in USDT. Which I then sold on wazirx. Technically it’s not profit from selling VDAs but rather using VDAs as a mean of transaction. Would it attract the same tax liability of 30% ?

#cryptocurrency #english #wazirx
0

16 ответов

48 просмотров
L.e.d.a.r-

@Satishkumar553

0
24.05.2022
.......-

yes the pricr on the day u recieved the coin

0
24.05.2022
.......-
.......
yes the pricr on the day u recieved the coin

and the price on the day and time u sell the coin thats procfit too

0
24.05.2022
Pranav-Mehta Автор вопроса
.......
yes the pricr on the day u recieved the coin

But am I not generating income using sale of VDA. Rather than using VDA as a medium for transfer.

0
24.05.2022
Pranav-Mehta Автор вопроса
.......
and the price on the day and time u sell the coin ...

How does than even make sense?🤔 bhai hindi mein hi bol le teri english smjh ni aa rhi….

0
24.05.2022
.......-
Pranav Mehta
But am I not generating income using sale of VDA. ...

still u need to give the CA the record becaus if ur service charge is 1000 and when u sold its 1100

0
24.05.2022
Pranav-Mehta Автор вопроса
.......
still u need to give the CA the record becaus if u...

There’s no documentation for that.

0
24.05.2022
.......-

govr just need to kbow what money come frm wat means and how much u can just tell ur CA he will explain how to claim that its not that much complex

0
24.05.2022
Pranav-Mehta Автор вопроса
.......
govr just need to kbow what money come frm wat mea...

Cool. That means I shouldn’t be much worried right? Thenks bro!

0
24.05.2022
.......-
Pranav Mehta
Cool. That means I shouldn’t be much worried right...

not at all just write the details in diary so when ur CA ask u can tell him so u wont forget if there are many transactions

0
24.05.2022
N K 🇮🇳the don of cyber war-

tu jo bhe smj tu bilkul bklol lgta hai idhar -69%

0
24.05.2022
Anil-

Its not supposed to attract taxes but you need to declare.still lot of confusion due to changing policies so it's better to take help from CA.In my opinion the difference of price while receiving and selling in profit attracts tax liability. Need not to worry about taxes on full amount

0
24.05.2022
Combot-
Anil
Its not supposed to attract taxes but you need to ...

If you need help related to the WazirX app or website, kindly visit our Support section, and you'll find relevant articles. 📰 If you still face any issues, WazirX Chat Support is available 24*7 on the bottom right corner of the support page. 🙋‍♂️ Official support is not provided on Telegram. In case, someone sends you a PM first, report and block them. 💯

0
24.05.2022

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