Trading In crypto

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Kkk
1204 Points Joined February 2017
how to treat crypto currency transaction in itr.
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On 24 July 2022 at 18:36 Report
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SEO Sai Gr. Hosp.
208750 Points Joined July 2016

Declare profits from sell at 30% special rates under head IFOS...

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On 24 July 2022 at 19:02
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Kkk
1204 Points Joined February 2017
Then is there any option to declare profit from crypto in ifos
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On 24 July 2022 at 19:50
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SEO Sai Gr. Hosp.
208750 Points Joined July 2016

Under 'Other'................ specify 'Profits from Crypto'

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On 24 July 2022 at 19:59
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Kkk
1204 Points Joined February 2017
Then how to pay tax at special rate I.e 30% by self assessment. and weather to specify its long term or short term gain or it doesn't make any difference?
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On 25 July 2022 at 12:10
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SEO Sai Gr. Hosp.
208750 Points Joined July 2016

You have to tick the tab for income chargeable at special rate........

Long or short term will not make any difference..

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On 25 July 2022 at 13:23


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