VDA reporting
This query is : Resolved
21 August 2023
Do we have report each and every VDA transactions or profit only , Since transaction is huge for capital gain case also i.e 100 transactions
21 January 2024
Any income generated from the sale of VDAs must be reported in 'Schedule VDA' in the ITR form (ITR-2 or ITR-3, as applicable). Schedule VDA requires details such as the acquisition date, sale date, category of income for taxation (capital gains or business income), acquisition cost , and money earned from selling VDA.
https://taxguru.in/income-tax/taxation-crypto-virtual-digital-assets-set-off-loss-sale-vda-profit-other-vda.html
https://taxguru.in/income-tax/taxation-crypto-virtual-digital-assets-set-off-loss-sale-vda-profit-other-vda.html
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