Author

Topic: How to pay Crypto Gain Tax in India? No guess only Experienced answer plz (Read 133 times)

newbie
Activity: 15
Merit: 0
elucidate your exact source of crypto income and based on that i can reply on tax applicable. There is no straight answer as income from crypto can be from different sources....
member
Activity: 280
Merit: 28
Hi guys,

As per the current laws crypto is not defined in any type of gain. What is the correct way to file the taxes for crypto gain?
Like share gain 10% of the gain should be paid as taxes.
Or should I add all gain in my income and pay tax as my normal income slabs.
Please share youe knowledge on this.

It seems that there's a different view for Bitcoins that have been mined directly by the individual, and coins that have been transacted for particular purposes.

The following article makes the Tax situation in India for Bitcoin (and all other Cryptocurrency) crystal clear:

https://cleartax.in/s/bitcoins-taxes-india

It seems to be a professionally written piece, so you can consider it as solid advice.


full member
Activity: 364
Merit: 117
Hi guys,

As per the current laws crypto is not defined in any type of gain. What is the correct way to file the taxes for crypto gain?
Like share gain 10% of the gain should be paid as taxes.
Or should I add all gain in my income and pay tax as my normal income slabs.
Please share youe knowledge on this.
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