Crypto in your portfolio? Experts share key disclosures and compliance tips for ITR filing
New Delhi, July 18 -- With tax authorities relying more on technology-driven verification, experts say accurate reporting of every crypto transaction is becoming increasingly important.
From selecting the correct ITR form to maintaining transaction records across exchanges and wallets, investors need to pay close attention to disclosures to avoid notices and ensure smooth tax filing.
While most crypto investors are aware that gains from Virtual Digital Assets (VDAs) attract a flat 30% tax and are subject to specific reporting requirements, experts say the bigger challenge now lies in filing accurate and complete disclosures.
According to Pranav Pagaria, SVP - Finance & Strategy, CoinDCX, investors often make the mistake of focusing onl...
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