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Trading In crypto
how to treat crypto currency transaction in itr.
Replies (5)
Declare profits from sell at 30% special rates under head IFOS...
Then is there any option to declare profit from crypto in ifos
Under 'Other'................ specify 'Profits from Crypto'
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?
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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