TdS Received U/S 194S

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accountant
96 Points Posted on 20 July 2023
I have purchased virtual digital asset rs. 50000 and tds Deduct by the company shows in 26 AS and i have salary income also
which itr to be filled
pls suggest
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On 20 July 2023 at 11:35 Report
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Quick Summary
If you've purchased virtual digital assets (VDAs) and had Tax Deducted at Source (TDS) under Section 194S, you can still claim this TDS even if you haven't sold the asset. For filing your Income Tax Return (ITR), if you have salary income and no capital gains from crypto, ITR 2 is generally recommended. However, if you have no capital gains and no other income sources requiring a different form, ITR 1 might be an option.

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SEO Sai Gr. Hosp.
212511 Points Posted on 20 July 2023

File ITR 2.                  

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On 20 July 2023 at 15:56
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accountant
96 Points Posted on 20 July 2023
I have no cap. gain from crypto , I have only purchase crypto and exchange deducted tds 194S, can I file itr 2 without gain from vda and claim refund against tds deduct
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On 20 July 2023 at 20:40
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SEO Sai Gr. Hosp.
212511 Points Posted on 20 July 2023

YES, YOU CAN CALIM THE TDS EVEN WHEN YOU HAVE NOT SOLD IT.

MOREOVER, IF YOU DO NOT HAVE ANY INCOME DECLARATION FROM CAPITAL GAINS, YOU CAN FILE ITR 1.

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On 20 July 2023 at 20:59

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