Crypto Currency
This query is : Resolved
Quick Summary
Avik Banerjee
(Querist)
07 November 2023
Respected Experts,
I want to start to do cryptocurrency and I donot know how to pay tax on these because in case of crypto we can get per day profit on saling and purchasing Crypto so how we pay tax daily or monthly,Annualy Tax
pls clerify my Doubts.
I want to start to do cryptocurrency and I donot know how to pay tax on these because in case of crypto we can get per day profit on saling and purchasing Crypto so how we pay tax daily or monthly,Annualy Tax
pls clerify my Doubts.
CA R SEETHARAMAN
(Expert)
07 November 2023
You have to pay advance tax quarterly.
Avik Banerjee
(Querist)
08 November 2023
Now What is the rate of Tax in crypto currency
CA R SEETHARAMAN
(Expert)
08 November 2023
The earnings from trading, selling, or swapping cryptocurrencies are taxed at a flat 30% (plus a 4% surcharge)
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