How to file Crypto ITR? ITR filling TUTORIAL for CRYPTO INVESTORS | Crypto Tax | Income Tax Return

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In the Union Budget 2022, the Union government imposed a tax on crypto earnings. This is the first time the government has imposed a tax on cryptocurrency, therefore it is critical to understand the taxes rules and the ramifications for cryptocurrencies and virtual digital assets (VDAs) before filing your ITR.
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Chapters:
0:00 Introduction
2:40 Crypto = VDA
3:22 VDA Tax Calculation
4:51 Case Studies
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#LLA #cryptotaxes #ITR

Опубликовано:

27 июл 2024

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Комментарии : 1,1 тыс.

@LabourLawAdvisor Год назад

File tax easily with ClearTax Use Coupon Code for 60% off: CTLLA60 clr.tax/GPfcw

@swarnendudutta7337 Год назад

Hi RJ, can you please make an updated video on 20% TCS on foreign investment...There are lot of questions on how to show that while filing ITR

@Atom00.1 Год назад

If a man buy 10 lakh crypto and gave it to his son which become 50 lakh , than in that case is there any tax to be given by anyone Case 2 , if a man buy 10 lakh and it becomes 50 lakh and then he gave it to his son, is there any tax to be filled.

@voltagegyan7811 Год назад

Maine binance main 2k ka usdt buy kiya tha aur use sell kar ke bank main paisa le liya tha. Kiya muje bhi tax file karna padega?

@swadeshcrypto Год назад

I have doubt on Airdrop some expert is considering Airdrop as giftand why you considered it non gift category amd another question if someone livea in another country but citizenship is india they he have to pay tax ?

@sourabhGR1 Год назад

Finally you made this video, after my request comment..thank ❤you so much, I didn't expect you would do it so fast, Hats off to you and your team.🙏😎🙏

@TusharEdits Год назад

Loss hua to hamara 😢 Profit hua to sabka 🤝

@Subh_labh_ Год назад

Government: Cake cutega sab mai batega

@stockmarketyt8952 Год назад

Aur agar P2P scam toh latka 😂

@user-xd8mm4ph4r Год назад

Government scam

@JUSTIN-gv7nd Год назад

Tax q lagta he Bo samajh le loss hone he q ni lagta he pata chal jayga

@user-xd8mm4ph4r Год назад

@@JUSTIN-gv7nd Loss honepebhi tax lagega. Video pura dekhke comment kar gawar.

@letsrollagain Год назад

Simply wow. Simple and plain, even a student can understand it

@saritapambra2707 10 месяцев назад

only video on RU-vid that gives clarity on crypto tax

@mailtoajm Год назад

Solution: De-centralised exchanges like BISQ, Hodl Hodl....avoid KYC-mandating exchanges like Binance, WazirX etc

@techtree7448 11 месяцев назад

Yes

@vikramcarpenter1058 10 месяцев назад

Inr me kese convert karoge fir

@mailtoajm 10 месяцев назад

@@vikramcarpenter1058 issme both buying or selling ho jata hai..aap ek how to use hodl hodl video dekh lo..aapko samajh aayega

@arpitsingh2397 7 месяцев назад

@@vikramcarpenter1058 exactly

@Ram-vo9hf 7 месяцев назад

Invasion

@stanleydmello5758 6 месяцев назад

From an old man Good and clear explanation Have subscribed and tapped 'like' Thank you and God bless you and your family

@gameaddict19 7 месяцев назад

conclusion government na job degi na thume kamane degi unko sirf tax chiye

@6891deepak 6 месяцев назад

Crypto chakchu khol diye es video ne.. thanks RJ😊 and team lla

@kingnomanmff2646 Год назад

AAJ KE BAAD..... NEWS TO BE ONLY USED AS POCHAH!... MAN YOU GUYS REALLY GIVER AUTHENTIC INFORMATION❤

@CaptainPlayss Год назад

Very Helpful and Educational video. Thank you 🙂

@TraderInMe2024 Год назад

Need special video for F&O loss filing and Below tax regime and how to prepare Excel sheet

@traveldreamok 4 месяца назад

Wonderful video! You have explained it beautifully. I can understand crypto isn't streamlined so all these restriction. Hope things will be easier in future

@aashish03 Год назад

Kya editing hai sir Kamal ke knowledge ke sath 🙏🙏

@akhileshsahu4123 Год назад

Important takways:- 00:00 📈 Indian Government collected 1% TDS on all Crypto transactions, amounting to Rs 15,790 Cr in the last Financial Year. 00:29🚨 Income Tax department is tracking Crypto transactions through TDS, and non-compliance can lead to penalties and actions. 00:59💰 Crypto transactions are now covered under the Prevention of Money Laundering Act (PMLA), making compliance mandatory. 02:27 📊 Crypto is categorized as Virtual Digital Assets (VDA) and is subject to Capital Gain tax at a 30% rate. 04:24 📆 The Capital Gain tax on Crypto transactions applies from April 1, 2022, to March 31, 2023, with a deadline of July 31, 2023. 05:49 📉 Crypto losses cannot be offset against gains, leading to potential tax liabilities even with an overall loss in Crypto transactions. 07:45 🔄 Swapping Crypto or buying goods with Crypto is considered a taxable event, and tax is calculated based on the Capital Gain. 10:11 💳 Certain transactions, like Crypto holding, transfers between wallets, and gifts from blood relatives, are tax-exempt. 11:40 💼 The Indian Government tracks Crypto transactions via TDS, where 1% tax is deducted at the time of sale and reflected in Form 26AS. 12:37 📝 For Crypto taxation, use ITR-2 if showing as Capital Gain and ITR-3 if showing as Business Income; tax rate is 30% in both cases. 13:04🌐 ClearTax provides an easy-to-use platform to import and file Crypto transactions from various exchanges, simplifying the tax filing process.

@mastershiva2024 6 месяцев назад

mera question hai, aggar 30% tax leh toh raha hai fir PMLA kayse?

@beginneryoutuber0 5 месяцев назад

I think its Best Vedio on youtube to know about how to file itr against crypto thankyou for this knowledgeable vedio❤

@aummehta1832 Год назад

Simplest explanations 👍🏻

@AnupamPatrapatanupam4 Год назад

Why pay extra in cleartax when filing tax returns on government income tax return website is easier now

@bhaveshkarnawat9522 Год назад

How to connect crypto exchanges and wallets over their ?

@DebabrataPathak1 Год назад

😂 they pay money to LLA...simple

@HK-bw2mg Год назад

Esa nai h ak ak transaction ko khud bhet ke fill krna hoga uska sara details return main fill krna h meri transaction 1000 hai unko fill krne bheta toh gya vaki ya unko calculate bhi krne bheta toh bhi bhut basudi hai bss iss liye yeh web ya aap paid hoga

@lokeshgoel5601 Год назад

I tried filing ITR -2 for a friend who had capital gains. That page is not easy. We both left midway. ITR-1 is fine but itr2,3 are not for avg joes

@AnupamPatrapatanupam4 Год назад

@@lokeshgoel5601 I did ITR2 for myself. It does take more time than the 3rd party portals but it’s a one time effort

@rohitsoni9325 Год назад

@6:15 I disagree from the explanation made for the first point "Further, loss from transfer of VDA cannot be set off against any other income". In my opinion, this should mean that loss from crypto (overall loss) can not be sett off against other income such as capital gains from stocks/property. It is no where mentioned that loss from one VDA can not be set off against profit of other VDA.

@khanejaanshul1996 Год назад

You raised a very valid point here. There is an ambiguity amongst various stakeholders whether a loss of one crypto can be set of against another crypto. But government clarified this aspect whilst passing the FA 2022. For this, you need to look at the provisions of sec 115BBH closely and the manner in which it was worded in Finance bill 2022 vis-a-vis the provision of 115BBH passed in the FA 2022. In Finance bill 2022, the provision mentioned that no set off of loss shall be allowed under any 'other' provision of this Act while computing income from transfer of crypto, which transpires that a room was left by government to allow set off of loss from transfer of crypto under this (115BBH) provision. The law was amended later in Finance Act 2022 wherein the government replaced the word 'other' with 'any' from the provisions of sec 115BBH. Thus, the law, as it stands today, clearly indicates that no losses are allowed to be set off upon transfer of crypto under 'any' provision of this Act (including the losses arising from transfer of crypto). This is how income tax works. Even a cosmetic change can change the interpretation altogether. So In a nutshell, your interpretation is not correct and losses from crypto cannot be set off against gains from any other crypto.

@harikirant6144 Год назад

What if trade only a sinlge coin ? @@khanejaanshul1996

@fenderl15 4 месяца назад

this is correct understanding

@rajas441 4 месяца назад

@@khanejaanshul1996 What about multiple transactions (few profitable/few losses) on same coin? Will i need to see cumulative profit - cumulative loss for tax calculation? someone has already asked this question, please answer if possible.

@singh90only4u Месяц назад

What about same coin?@@khanejaanshul1996

@bfake2569 Год назад

Love your content, Can you make a long video on taxation rules and payment methods for freelancers, specially dealing with international clients, there are many videos on youtube, but most of them are unclear. Please take the initiative and make a video.

@nishantmathur8559 Год назад

Yaar aap logn ko jitna thanks bolu utna kam h😊

@sarthaksharma9576 Год назад

Best channel for all finance related topics, really loved the explanation and discussions over it. Would love to see more female participation in your team, Great Work!

@sellapandiyanarumugam5532 11 месяцев назад

L lolo

@VB-rw1cd Год назад

What about multiple transactions (few profitable/few losses) on same coin? Will i need to see cumulative profit - cumulative loss for tax calculation?

@MysteryReviewz 5 месяцев назад

U guys cleared my mind ❤❤

@abrarshaikh1875 Год назад

Thank you for the guidance appreciate it.

@MAUSAM98766 8 месяцев назад

To put it simply, I registered my company in Wyoming, USA, since the state does not impose capital gains tax on shares or cryptocurrency and is tax-free for non-residents. I open a cryptocurrency or trading account with my Wyoming company, and I'm not required to pay taxes.This is how I avoid corporate and crypto tax.

@kanishkgiri6429 7 месяцев назад

LLC or INC?

@kanishkgiri6429 7 месяцев назад

What attorney/platform did you use?

@MAUSAM98766 7 месяцев назад

@@kanishkgiri6429 wyoming llc

@MAUSAM98766 7 месяцев назад

@@kanishkgiri6429 I use karken platform for crypto tading.

@mohitchauhan6153 4 месяца назад

What exchange did you use? I have applied to Gemini and it’s not getting approved. Can you suggest?

@ghostlink8824 Год назад

Sir please say, do I need to pay tax on wazirx referral bonus as wrx which I used to buy other coin. ?

@akashlikhar4083 Год назад

Nice Explanation. Please also make a video on US Stocks Tax Filing/Declaration.

@Keshav0852 4 месяца назад

Very Informative video Sir 🙂🙏 Please make this type of Informative taxation videos 🙏🙏 And thanks for making our citizens aware about finance knowledge 🙌🙌 Keep it up Sir👍👍

@bristinborah Год назад

Tax is not required while Swapping on Decentralised exchanges because intermediaries like bank is not involved neither fiat involvement is there. But yeah swapping on centralised exchanges like Binance , wazirX is taxable because the swapping pair liquidity is maintained by a centralised body itself and includes the involvement of fiat whereas in case of decentralised exchanges code handles every liquidity pair.

@sagar_crypto Год назад

But jaha tds katega tax to uska hi dena h n ab centralized exchange me trade krne pe tds kaha lagta h

@rehan.normie 8 месяцев назад

swapping fee of dex

@bukworm213 8 месяцев назад

Sir I earned 10 rupees on crypto please tell me where I can give my 3 rupees of tax , will income tax department take 3 rupees as tax ?😅

@paingun911 4 месяца назад

mujhe bhi batana warna 30 rs lene k liye mere ghar pe ye bulldozer na chala de

@KushagraNamdev 3 месяца назад

Kuch hua bhai fir😂? Mujhe bhi 100₹ profit ki itr bharni hai

@karthikyadavar245 3 месяца назад

1 rupiye pai bhi tax lagega

@editszone0 3 месяца назад

😂😂😂

@user-lm5we8wv4p 12 дней назад

@@paingun911@KushagraNamdev bhai kuch bta de naya information aya ho to tere bhai ko pura 10₹ profit hua 🤣🤣income tax bharna hai 31 july najdik ati jari bata de koi rasta Itna Sare profit ke tax lete he ya ni 🤣

@tradewithbj Год назад

Thankyou sir iss type ki video banane ke liye

@nimitsavant3127 Месяц назад

Amazing, thank you. This was apt.

@sanjivanimalhotra2805 Год назад

Simple and an excellent explanation Yet I had a question regarding gifts from blood relatives which is if the gift has been recieved by a step parent/siblings will the 50k limit be still applicable?

@WaveCryptoClub Год назад

50k limit won't be applicable if it is from blood relatives

@lovegames3711 Год назад

Worst rule...... BJP ka sabse ghatiya decision

@bimlesh99 6 месяцев назад

Thx for valuable information 🤠ℹ️

@vimlasharma2328 5 месяцев назад

pure RU-vid m sabse best tareeke se inhone samjhaya h....i had see. so many videos related to crypto tax filling...kisi ne itna acha nhi samjhaya....God bless you sir❤

@Auto_god22 Год назад

Crypto illegal hai bs uspar legal TAX hai 😂😂

@user-xd8mm4ph4r Год назад

Chaiwala chaccha he to saab mumkin he 😂

@Auto_god22 Год назад

@@user-xd8mm4ph4r literally know one care about people. They collect only tax. For their shitty plans(yojna)🤣

@editszone0 3 месяца назад

😂😂sahi ptre Bhai

@afaqahmed3744 Год назад

@labourLawAdvisor - great video. Thanks for making this. Still lot of ambiguity. Can you help what will happen in following scenarios- 1. If parents bought coins of 100 rs and gifted to child, who later sells it for 200rs, so child will pay tax on 200 or 100 rs profit only? 2. If parents purchase 100rs crypto and gifts to nri child who transfers to wallet and sells on a oversees exchange, how will it be taxed?

@aakashs6004 Год назад

Hello, A fellow crypto trader here. 1. The child should pay tax on 100rs as that is their profit. 2. There is a debate about it, but If that exchange doesn't send TDS to Indian gov, that sell transaction wont be in the gov's radar.

@kanishkgiri6429 7 месяцев назад

There’s a declaration I saw on Wazirx which states that you’re not transferring the crypto outside India. Now they have all disabled withdrawals

@rithikkedia2577 Год назад

please bring a tutorial on f&o transaction, it's audit limit in various circumstances

@educationspecial4187 4 месяца назад

This one video is enough for all Crypto taxation in India.

@VishalSingh-dv2vg 9 месяцев назад

On Crypto this type of taxes are not there any were in the world.But this govt only wanted Middle class to sell Pokodas

@anmolbadoni6014 7 месяцев назад

Will there be a "TDS" If we are transferring crypto from an international exchange "Wallet" to an Indian exchange "Wallet"?

@interestingvideos361 4 месяца назад

When u sell and buy tds will cut

@syedmushtaq6031 4 месяца назад

Very informative, Thank you sir...

@happylifmindfully 5 месяцев назад

Very nice and informative video. 💎👌🏻

@adityakushwah1430 Год назад

If you are a funded cryptocurrency trader and you only execute trades on their own platform or on another platform like mt5, but as you are aware, the trades you execute on other platforms do not contain our PAN card or anything else, and you then withdraw your profit using either PayPal or your cryptocurrency wallet, should we be required to pay tax on each and every trade?

@WaveCryptoClub Год назад

it is best to calculate tax on all transactions and pay it

@luckysingh7540 11 месяцев назад

If I have staked my crypto and I am getting interest on that then how to calculate tax Because I haven't sold the principal amount which I have staked.

@shubhamshaw9692 4 месяца назад

Still 30% on Staking

@sbaud2003 6 месяцев назад

Thanks, very informative

@pratik2998 Год назад

Please make a video on US stocks tax filing ITR 2

@pramits9 Год назад

I m a salaried individual and I had invested in shares and SIP's but my long term gains and short term gain are 0, so do I need to fill ITR 1 or ITR 2 form?

@ankitpandey6945 Год назад

Itr 1

@VacationFor 4 месяца назад

That's why i dont like BJP govt no more voting for 2024 election

@shubham943 3 месяца назад

Dark web k baare mein suna hai? Illegal activities ka crypto currency mein transaction hota hai udhr govt. track nhi kr skti isliye discourage kr rahi govt. thora gyan praat kr lo

@rohankonar 2 месяца назад

@@shubham943LOL 😂😆

@fuzail3379 2 месяца назад

@@shubham943sirf india ko dikkat hai. Aur devloped Country like US & UAE Etc have no problem.

@shubham943 2 месяца назад

@@fuzail3379 Thora Google kr leta bolne se pehle US, Japan, etc. countries mein crypto regulated hain South Korea ne ban kara hua hai Japan mein jo capital gain hua hai crypto se uspr tax dena pdta hai pata kuch hai nhi bs aa jaate hai bolne

@subha248 2 месяца назад

@@shubham943crypto tax 30% kaam laga h isko koi iske portfolio pr 70% tax lagao tab isse samajh ayega

@KapilSharma-yr3zs 4 месяца назад

Good job ! Greetings from Germany. ))

@aayushagarwal1 Год назад

We need part 2 of this video

@idiotdusst3772 8 месяцев назад

I love my bharat but i dont like current gov of india

@freefall_910 4 месяца назад

I love my india and I dont like current govt dictatorship hai

@smp6888 3 месяца назад

You must be loving Biden Govt or British BBC or Pakistan Govt may be Chinese Communist or North Korean Govt

@AryanSingh-em5er 3 месяца назад

To kahi aur jaake ke reh lee, tab pta lagega infia kitna moderate hai economy mai

@rayyanalikhan007 2 месяца назад

Then vote them out this time. Dubai is already holding a 2049 event for crypto and everyone is going there. Even there is no flight available and/or is costly rn. But, our government is just not progressive.

@idiotdusst3772 2 месяца назад

@@AryanSingh-em5er lagta hai Andh bhakt ho

@vaibhavagrawal9382 Год назад

Sir, jisne P2P transaction kiya ho binance me and vaha se crypto transaction hue he to vo ksse track hoga because usme TDS bhi applicable nai he and bank account me normal transaction hi show krega?

@deepakthakurani4844 Год назад

Bilkul Bhai Ye kese show hoga government ko ?

@deepakthakurani4844 Год назад

Or binance k under kon kisko transfer kr rha hu funding wallet se vo kese government ko pta chal skta h

@Sthassan Год назад

TDS manually file karna padega fir...wo sirf buyer karega

@Rohitkumar_1729 Год назад

Bhai P2P karne pe toh Bank account block ho rahe hain na, Isi darr se main market se exit nahi kar paya, mera 22k ab 4k ho gaya, mujhe bank mein deposit karke crypto choddna hai

@venkateshmurthybs1447 3 месяца назад

Educative video on crypto taxation👌

@abhishekgupta-lm8ht Год назад

@labourlawadvisor can you make a video on ESPP. and the tax deduction on it ?

@Ganeshamb200 4 месяца назад

Garib Ko amir nhi Bane Dena ha💔

@SuryaPrakash-nm3ev 11 месяцев назад

Binance pe services ki payment receive hui ho or use wapas kisi service k liye use kar liya jaye to tax lagega? kyuki govt use track nhi kar sakti kyuki vaha TDS nhi kata hai

@brankelly1921 4 месяца назад

Good question!!!

@shaajeeinternational7821 4 месяца назад

Awesome bro, thanks

@vickyarora1044 Год назад

Kaafi dino se wait tha is topic k video ka aapke channel se... But ek do question h.. Jese Binance pr b2b buying or selling hoti h us chiz ki calculation kese krege?? future and option k case me kya hoga ??

@pyniarphangmawri1630 6 месяцев назад

Can we stay in india n trade in Dubai using UAE banking n everything ?? since Zero tax in UAE.

@Your_Raks 4 месяца назад

DTAA is only applicable if the person lives for more than 6 months in Dubai. So yeah live in Dubai for more than 6months then zero tax.

@pushpanjalin6082 Год назад

Sir can briefly explain about slbm charges in zerodha

@finandswing Год назад

Much needed info

@shinel9541 Год назад

Request you sir

@ubed1339 4 месяца назад

Thank you for the information

@sandeepgautam713 Год назад

Best video of this Bitcoin assets very clear points

@marketgeek2647 Год назад

If my parents gift me crypto worth ₹2,00,000 which they bought at ₹1,00,000 and i sell it immediately for ₹2,00,000 then do i have to pay tax on the 2lac?

@PiyushB19 Год назад

Tax on 1 lakh profit

@brahmastra8210 Год назад

@@PiyushB19hey can u help me & my friends played many tournament and the prize comes in crypto so there is no buying and my salary also credited in crypto so how can i calculate tax beacuse 30% is too much i have no investment so how can i calculate profit ?

@DRAJ93 Год назад

😂 Poora portfolio Lelo choro

@Your_Raks 4 месяца назад

Your parents have to pay 30% for transferring (since it's above 50k) You also have to pay 30% tax for selling it later. 😂😂 jai ho bjp

@marketgeek2647 4 месяца назад

@@Your_Raks gifts from blood relatives are tax free no matter the amount

@DisciplinedTrader27 3 месяца назад

case kardunga me IT dept aur nirmala tai par, dimaag ka bho__ ho gya he

@roshnisirimalla6197 Год назад

please make one detail video on education loan to study abroad, in which details include process, interest, collateral etc

@DrSiddhloveyou Год назад

Much appreciated

@nnkka Год назад

what happens if my business has a profit of 500000 from crypto and after paying the 30 percent tax the remaining 350000 is distributed to the partners. Do the partners have to pay tax on it again as capital gains

@mani-india Год назад

@vishalshaw82 Год назад

I have a question? Government charges 1% TDS in cases of swapping, selling, NFTs etc. But Is this TDS charged on the above amount of 10,000 or below as well. For example if I'm buying a coin with an total amount of 5,500 and then selling it for let's say 6,000 will the government charge a TDS of 1%. One thing to keep in mind is that, these whole scenario took place in an international exchange via p2p method.

@mani-india Год назад

Yes

@03dhananjaybagal15 Год назад

government charge 1% TDS even if u sell crypto of 100 Rs

@Arka_Das Год назад

kuch vi karo, kahi vi karo, profit ho ya loss ho, baas Govt ko paisa do.

@aakashs6004 Год назад

The internation exchange wont cut your tds automatically (and obviously not in p2p), you as a responsible citizen should deduct your tds (or of the one you are buying from, becoz they will be the one selling, and sell trnx should have tds) and submit it to the gov.

@alchemists932 Год назад

what about futuers?? do i have to pay tax on 100x leverage?

@TechDopes Год назад

sir i have a question, i mined etherium with my mining machine that machine costs 6.5 lakh, and i mine arround 1 eth that cost me 1,20,000 when i sold it, so is mining of eth assets would be taxable?

@VB-rw1cd Год назад

I had 1lac as capital, i wanted to become rich. 1. I bought Matic at 1 lac, sold at 2lac = profit of 1 lac. 2. Bought Matic at 2 lac, sold at 1 lac, = loss of 1 lac. Total capital remaining = 1lac, Profit 0, Loss 0 I did 50 such transactions. Now I still have a capital 1 lac, overall profit 0, overall loss 0. But my tax implication is 30% on 50lacs, = 15lac. I'm poor, how can I pay this much tax??

@harikirant6144 Год назад

This is similar to my case and it makes no sense. What are going to do now? Please help!

@tirthdangar555 Год назад

50L kese hua bhai

@EpicBaba7 10 месяцев назад

@@harikirant6144Bhai aapne kaise tax pay kiya

@rohitkadam9318 5 месяцев назад

Case kr do gvt par

@anuragsingh2556 Год назад

Suppose I buy 5k BTC and sold at 6k rupees profit is 1k after 1 month again I buy 5k BTC and sold at 4k then loss is 1k Overall no profit no loss then any tax i need to pay because I earned 1k profit in previous transaction.

@harshverma_ Год назад

Nah, you have to pay 30% on 1k profit..

@noobvibe Год назад

Seedi baat tax Dena padega Bhai tuja 😅

@anuragsingh2556 11 месяцев назад

@@noobvibebhai itr file toh kar diya 21k ka profit hua hai but udhar tax pay karne ka option nahi aa rha bahut youtuber bol rahe hai ki 2.5 lakh se income Kam hai toh 0 tax Dena hai.

@noobvibe 11 месяцев назад

@@anuragsingh2556 nahi bahi tax Dena padega agr 500 ka bai profit hua

@noobvibe 11 месяцев назад

@@anuragsingh2556 tum kon sa exchange use kr reha tha

@bikeinfotech Год назад

Thank you bhaiya, Jai jinendra

@sachinmakhijaips Год назад

12:32 may be mistake if u have buisnes income & also vda incom via captial gain u also have to file itr 3

@aakashs6004 Год назад

i dont think so, if you treating your vda income as a business income (if you are a frequent trade) you should file itr 3.

@Azharkhan-hq7zl 3 месяца назад

Very good explanation

@dhananjaykumar-uw8qg Год назад

make a video on how to file stock market ITR

@ravipatil2724 Год назад

sir mai apko ha at jodke naman karts hu plz adverse possession kai bare mai batao

@TechDopes Год назад

@binodonmania7631 11 месяцев назад

Hello , I have an question, I trade in USD(s)future perpetual of different coins. My basic invest is 4 USDT and take 100* leverage that's why the margin becomes 400USDT, after that, I take decision to buy/long or sell/short that trade as per market goes, after some time I see watch a profit of 100% so close the trade and book my profit and my basic invest becomes 8 USDT. In this scenario 1) Will any kind of TDS be charged here? If yes then what about the percentage ? Do I have to pay the TDS amount instant there or it will automatically be deducted from my basic investment, or I will have to pay it in the time of ITR filling. 2) As I book a profit of 100% , and my 4 USDT becomes 8 USDT, so what capital gain tax percentage rate will be charged here? do I have to pay the capital gain tax immediately there, or it will be deducted from the investment or I have to pay it during ITR filling. Please , answer these two quarries of mine.

@MARK97GAMING Год назад

Sir I have a question Agar 1 July 2022 se pehale crypto buy kar rakhi hai and use staking me daal rakha hai and staking se generate hone wali crypto ko sell nahi Kiya and ye staking international wallet like Binance me kiya hai jnha INR me transaction nahi hota hai jisse TDS nahi cut hota hai to tax dena hoga kya because abhi tak crypto sell nahi ki hai to INR me convert nahi hue hai jisse ye nahi pata ki us particular crypto par overall profit huaa hai ya loss because jab buy kar rakhi thee tab uski value current value se bahut jyada thee To us situation me kese pta chalega ki tax file karna hai ya nahi

@MangoJT 6 месяцев назад

Sir thank you so much for best detailed information. I have a question please answer. Q- I have done too many transactions on my wallets with same amount with different coins. - If I do transactions with different coins but with same amount with myself wallets will go under TDS? - all I have been got is loss from crypto investments, still i have to pay tax ? Bcz i have no money to pay taxes. - not filing itr for 3 years how will impact my future?

@royalakmaurya97 11 месяцев назад

dear sir my question is , if a person play a gambling game (Royal win), he takes a lot of different member id (member genarlly freinds & friends family member id , "id me mobile number,addhar, pan card, bank account " link karte hai ) , every id play game daily and end of the month if he won amount which account , total amount end months me withdrawal (withdrawal amount genarally 20k to 40k par account ) and thank he give every member of id 300rs only , kya every id member ko tax pay karana padega , than if yes how much ?

@laedingr Год назад

Please Tell, if I sell my crypto to INR then I have to give TDS not during trades like Doing future and options trading. Untill I convert to INR TDS is not necessary ??? Giving 30% tax is not problem but give 1% each time I made trade that will be huge problem. Please tell this

@user-lk3th1px9b 8 месяцев назад

If I am withdrawing usdt to by switching the network (transferring to one key app) then I am liable to pay taxes on the same

@Harsh-ls2in Год назад

I currently do not have enough income to pay taxes, can I pay taxes later with related late fine?

@TechDopes Год назад

sir i have a question, i mined etherium with my mining machine that machine costs 6.5 lakh, and i mine arround 1 eth that cost me 1,20,000 when i sold it, so is mining of eth assets would be taxable? and now etherium mining closed so i am in losses of arround 5 lakh, and additionaly i bought eth arround 1.8 lakh and sold it in loss approx in 90000 rs. so in which ammount i have to pay taxs pls reply ............... a

@ajoybarman4155 11 месяцев назад

please sir make a video on, how should a govt employee invest?

@surajbhandari6098 7 месяцев назад

8:05 What if I directly convert BTC to Eth without inr? Will it be taxable?

@AK-ww8wu Год назад

If we buy USDT then convert to BTC & hold btc, that mean i am not selling anything ..do we still have to declare it?? It’s showing in AIS/TIS as Virtual asset, but do we need to pay any tax??

@avinavraj5426 Год назад

Sir, when we swap direct our crypto from btc to ether, then also we have to pay tax of swap.??

@premdarshankumar5030 Год назад

Please make a vedeo of itr on stock mutual fund and f&o

@santsaranverma8213 Год назад

Good 👍 Right 👍👍👍 thankyou sir

@DKEdits143_shorts Год назад

@LabourLawAdvisor Hi I am salaried employee I see your videos on ITR. 1. Can I register on income tax portal for just seen to the details of AIS, 26as form (I am not filling ITR) 2. I am investing in stocks and mutual funds also so could you please expalin how to file itr for HRA, Mutual Funds, Stocks(not a big amount), Personal Loan includes all. 3. In next year I will file ITR then there is something I need to do in year? 4. Why should we file ITR what are the benefits.

@_ravikataria_ 4 месяца назад

Question: Earned 1cr in profit, 30% TDS paid. Are we liable to pay further tax on the 70L income which is part of total income of that financial year?

@harishkaushik8552 7 месяцев назад

Ser I want to know that Agar main apna profi apne bank me transfer na karke apne cripto wallet me hi rakhat hun to bhi mujhe tax Dena hoga Aur kya tabh bhi mai tds claim kar sakta hun

@CrAzY_PRAYAG Год назад

What if we buy Usdt from a kyc'd exchange and trade on non kyc'd exchange, government can't track those non kyc's exchange as they don't give TDS data to government. Help on this topic 🙏