Cryptocurrencies have pervaded public imagination in more ways than ever before. While initially, it started with Bitcoins, there are over a thousand cryptocurrencies as of date with varying degrees of popularity. While ICOs reflect the buzz around cryptocurrencies, the bulk of the transactions relating to…
Axie Infinity, a digital token that blends gaming and now commands a market-cap of over $2.5 billion, drew plenty of crypto investors through the pandemic period. The gaming token launched in November 2020 has gained over 25,000 per cent so far; this means an investment…
Responding to notices issued by the Income Tax Department related to your crypto investments
Representing you during Income Tax hearings related to your crypto investments
Negotiating with tax authorities and providing assistance in completing your assessment related to crypto investments.
Crypto Exchanges Legal & Tax Advisory
Our legal and tax advisory services cater to Crypto exchanges and NFT marketplaces, providing business guidance and consultation for their operations, accounts, financial management, tax and compliances.
We offer expert advice on the legal and tax implications of operating a Crypto exchange or NFT marketplace, ensuring compliance with applicable laws and regulations.
Income Tax returns for Crypto Traders and Investors
Our firm provides income tax return services specifically tailored for crypto traders and crypto investors. These individuals must declare their taxable income, deductions, and tax payments through the income tax filing process. The income tax return form used depends on the type of income earned, ranging from ITR 1 to ITR 7. Our services include calculating the total income tax owed to the government, and ensuring that any excess tax paid is refunded, while also addressing cases of underpaid taxes. Some income tax return forms may require additional disclosures such as balance sheets and profit and loss statements. Our goal is to assist our clients in navigating the complex tax requirements related to crypto investments and ensure compliance with all relevant regulations.