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Overlord-999

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?

#cryptocurrency #english #wazirx
0

27 ответов

25 просмотров
Paneer-Grover1010

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

0
05.07.2022
SS-R
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

0
05.07.2022
SS-R
Paneer Grover1010
Pay tax when you convert to inr,

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

0
05.07.2022
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?

0
05.07.2022
Paneer-Grover1010
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

0
05.07.2022
madhu-Sudan

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

0
05.07.2022
Paneer-Grover1010
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)

0
05.07.2022
SS-R
Paneer Grover1010
Every time you sell vda, you gotta pay tax on the ...

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

0
05.07.2022
SS-R
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

0
05.07.2022
madhu-Sudan
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

0
05.07.2022
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?

0
05.07.2022
Paneer-Grover1010
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

0
05.07.2022
SS-R
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

0
05.07.2022
SS-R
madhu Sudan
Yes

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

0
05.07.2022
SS-R
madhu Sudan
No way

Please find way

0
05.07.2022
SS-R
madhu Sudan
No way

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

0
05.07.2022
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?

0
05.07.2022
SS-R
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

0
05.07.2022
madhu-Sudan
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

0
05.07.2022
SS-R
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

0
05.07.2022
Sridhar-
SS R
How to save this tax?I hold Ethereum on foreign ex...

Hav u withdrawn into ur bank account?

0
05.07.2022

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