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Itr file Crypto query

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10 July 2024 Hello sir, I work as a freelancer in a Crypto Casino site as a chat moderator

The total amount of transactions came to 1.5 lac for the financial year.

Now my question is do I need to pay 30% tax?

10 July 2024 How can you distinguish Salary part in Rupees?

10 July 2024 Both I sell on wazirix and I get in rupees in bank

10 July 2024 I want to ask when you get wazirix in lieu of your service to crypto site, how you establish its value?

10 July 2024 I send the crypto coin to wazirix and sell it based on the sell rate at the time of the transaction and get inr and then I withdraw to bank. But my question is do I need to pay tax on both or how>

10 July 2024 Yes, you have to pay tax on both but without evaluating cost of crypto received by you, you won't be able to segregate these two. If so, you will require to pay more tax.

10 July 2024 But why do I need to pay tax on the translation? because I have reciept for that kind of freelancing work only that i get paid in crypto, Do you know anyone or can you help in filing the same?

10 July 2024 Contact any local CA...

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