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Suppose I bought btc at 40k and some at 19k

and I sold half at 21k what tax do I have to pay? Because I can just say I sold the 40k btc at a loss and I will hold the 19k btc?

27 ответов

14 просмотров

Pay 30% tax only on what btc you sell for inr only, what you hold nonneed to pay tax until you sell for inr

Paneer Grover1010
Pay 30% tax only on what btc you sell for inr only...

Do I need to pay 30% tax on foreign exchange profits

Paneer Grover1010
Pay tax when you convert to inr,

Means only if I withdraw to bank I need to pay tax?

Overlord-999 Автор вопроса
Paneer Grover1010
Pay 30% tax only on what btc you sell for inr only...

But you have to pay taxes only on gains buy I haven't made any gains yet?

Overlord 999
But you have to pay taxes only on gains buy I have...

Yes, for that you can calculate at what price u purchased those btc for inr which you sold

Tax paying only profit person No profit no tax Gain profit pay tax 30% in your profit

SS R
Means only if I withdraw to bank I need to pay tax...

Every time you sell vda, you gotta pay tax on the profit( buying price - selling price)

Paneer Grover1010
Every time you sell vda, you gotta pay tax on the ...

But I don't want to pay on foreign exchange portfolio

Paneer Grover1010
Every time you sell vda, you gotta pay tax on the ...

I'll pay tax on Indian exchange but not on foreign exchange

SS R
Means only if I withdraw to bank I need to pay tax...

Tax paying depend of your profit only not your investment You cannot gain any profit you don't pay any tax

Overlord-999 Автор вопроса
Paneer Grover1010
Yes, for that you can calculate at what price u pu...

Suppose I bought btc at 40k and some at 19k and I sold half at 21k what tax do I have to pay? Because I can just say I sold the 40k btc at a loss and I will hold the 19k btc?

SS R
I'll pay tax on Indian exchange but not on foreign...

You only gotta pay tax when you sell vda, you need to pay tax to government not to any exchange

madhu Sudan
Tax paying depend of your profit only not your inv...

I mean if I buy 1 Ethereum now at 1000$ then next Bull run it becomes 5000$ then 30% of 4000$ will be huge

madhu Sudan
Yes

How to save this tax?I hold Ethereum on foreign exchange

madhu Sudan
No way

Please find way

madhu Sudan
No way

I'm in huge loss so I need to avoid taxes on foreign exchange to cover all my losses

Overlord-999 Автор вопроса
SS R
I'm in huge loss so I need to avoid taxes on forei...

That's what bad you would be in losses and still pay taxes like wtf?

Overlord 999
That's what bad you would be in losses and still p...

I won't pay single rs tax on my foreign exchange portfolio

Overlord 999
That's what bad you would be in losses and still p...

Your loss same coin this year You can proceed set of no problem

Overlord 999
That's what bad you would be in losses and still p...

U would hv to pay tax by even taking loan if u lose the profit

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