2024 ⁽¹⁴⁸⁾

The purpose of this articles is to demystify Crypto Staking for Beginners and Navigating the Tax Implications of Crypto Staking. Crypto Staking pools offer an opportunity to engage in securing a Proof-of-Stake (PoS) blockchain and earning rewards. In PoS blockchains, validators are required to stake…

Numerous challenges arise in the practical work of chartered accountants, often due to lack of specific accounting standards to address them. Cryptocurrencies, such as Bitcoin, serve as a notable illustration of this dilemma. Given the absence of dedicated accounting guidelines for cryptocurrencies, accountants find themselves…

We are very happy that we were able to get a favourable order against Income Tax Notice which was served on our client. The case involved huge assessment order passed by the income tax department against the client for trading in cryptocurrency namely Bitcoins in…