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Gurmukh-Grewal

Trading volume in 26AS is being considered automatically as a

income during tax calculation. What do you think could it be taken as a income from other sources/capital gain ?

#cryptocurrency #english #wazirx
0

5 ответов

9 просмотров
Sri-Kanth

Income from Business hoga if speculative and that's your own self income source... Else you need to show as Income from Capital Gains - Short or Long term

0
14.07.2023
Gurmukh-Grewal Автор вопроса
Sri Kanth
Income from Business hoga if speculative and that'...

Thanks Sri kanth, I bought all usdt through p2p via wazirx from my verified kyc account. Still it will be considered my income and I need to pay tax on whole trading volume amount. Does it make sense ?

0
14.07.2023
Sri-Kanth
Gurmukh Grewal
Thanks Sri kanth, I bought all usdt through p2p vi...

Yeah as long as you use PAN and AADHAR it reflects on additional forms in IT portal

0
14.07.2023
WazirX Guard-(Won't DM you first)

No you need to file ITR 2 in case of cryptocurrency profit Need to add schedule VDA DYOR

0
15.07.2023
DK-
Sri Kanth
Income from Business hoga if speculative and that'...

Is income from business not applicable for flat 30% tax?

0
28.07.2023

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