Income Tax Returns | CA in Mumbai | Chartered Accountant | ITR Filing

Blockchain (6)

How to get your token listed on a Cryptocurrency Exchange? India 2021

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…

25,000% returns on Crypto investment - Real Case Study 2021

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…

Crypto Consulting Services

Crypto Tax Advisory

  • Maintaining and updating crypto holdings/portfolio
  • Advice on possible tax efficiencies
  • Maintaining robust documentation
  • Computation of tax liabilities and
  • Compliance

Crypto Tax Compliances

  • Ascertaining type of ITR (Income Tax Return) applicable
  • Accurately reporting different crypto incomes
  • Verification and uploading of Income Tax Return assesment

Crypto Tax Assessment

  • Responding to notices issued by the Income Tax Department
  • Representing clients during Income Tax hearings
  • Negotiation and assistance in completion of assessment

Crypto Exchanges Legal & Tax Advisory

  • Business Advisory for Crypto Exchanges & NFT marketplace
  • Legal & Tax consultation for ICOs, Crypto Exchanges & NFT marketplace

 

Crypto Consulting Services | Crypto Tax Advisory | Chartered Accountant | Mumbai | India

Income Tax returns for Crypto Traders and Investors

An income tax return is a form where taxpayers declare their taxable income, deductions, and tax payments. This procedure of filing income tax returns is referred to as income tax filing. While filing the return, the total amount that should go to the government as income tax is calculated. If you've paid more tax than needed for the financial year, you'll be refunded by the income tax department. Sometimes, you may also see that you have underpaid taxes for the year. In such cases, you must pay the remainder of the tax, and file your income tax returns. Income tax return form ranges from ITR 1 to ITR 7, used for different types of income. Some income tax return forms are longer than the others, and they may need additional disclosures such balance sheet and a profit and loss statement information. 

 


Crypto Consulting Services | Crypto Tax Advisory | Crypto Tax Compliances | Crypto Tax Assessment | Crypto Exchanges Legal & Tax Advisory