USDT Arbitrage | Income Tax Returns | CA in Mumbai | Chartered Accountant | ITR Filing | Recover Money Crypto Scam

 

 

CA Mitesh and Associates - Chartered Accountants India

 

Specializing in NRI Tax Services, Crypto Accounting, Taxation, and Compliance. We handle Income Tax Notices and provide advisory on FEMA & PMLA.

KYC and AML for cryptocurrency transactions

Know-Your-Customer (KYC) identity verification procedures have become vital to ensure that Anti-Money Laundering (AML) and Combating-Financing-of-Terrorism (CFT) efforts to curb cryptocurrencies-associated crimes are successful. This aspect is of paramount importance for crypto investors engaged in P2P transactions and those who engage in USDT INR Arbitrage.

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Withdrawing INR to Bank from the cryptocurrency

Many Crypto Investors and Traders are very nervous about withdrawing INR to Bank from the cryptocurrency. These are normally the profits that they have earned from the cryptocurrency investments or trades. Their main concern is due to lack of knowledge about banking regulations and fear…

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Cryptocurrency and Black Money Act

Many Cryptocurrency Traders & Investors have holdings in foreign exchanges such as Binance, FTX, etc. Plus many hold Cryptocurrency in wallets in foreign countries. All these individuals need to disclose all their foreign assets while filing their tax returns otherwise they would be in violation…

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Income from Hackathons & Airdrops

I frequently get this question - is Income from Hackathons & Airdrops taxable?Hackathon prize money keeps rising each year as organizations learn to take advantage of their value. Runner-up cash prizes are now in the Lakhs, and grand-prize payouts are as high as One crore…

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Starting Cryptocurrency Exchange in India 2024

Lots of new age dynamic entrepreneurs reach out to us seeking help in starting cryptocurrency exchange in India 2024. Cryptocurrencies are a huge opportunity for those who are planning to make some financial benefits from them. They are options like mining Cryptocurrencies like Bitcoin, Ethereum,…

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Taxation of Gifts in India 2024

Today, I will discuss about a case which revolved around on Taxation of Gifts in India 2024. One of my clients reached out to me with the following query - I want to gift 5 lakhs from my tax paid income to my younger brother…

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