Trading In crypto
Jyoti Narang (Kkk) (1204 Points)
24 July 2022
how to treat crypto currency transaction in itr.
5 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(195176 Points)
Replied 24 July 2022
Declare profits from sell at 30% special rates under head IFOS...
Jyoti Narang
(Kkk)
(1204 Points)
Replied 24 July 2022
Then is there any option to declare profit from crypto in ifos
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(195176 Points)
Replied 24 July 2022
Under 'Other'................ specify 'Profits from Crypto'
Jyoti Narang
(Kkk)
(1204 Points)
Replied 25 July 2022
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?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(195176 Points)
Replied 25 July 2022
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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