Crypto Tax Consultant India ⁽⁴⁶⁾

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…

Introduction Cryptocurrencies also known as Virtual Digital Assets (VDAs) in Tax lingo, have emerged as leading digital assets facilitating online transactions for goods and services. Crypto traders actively seek to maximize their gains by capitalizing on the rising values of the cryptocurrencies they invest in.

Many clients who have been trading on WazirX have reported that they are getting Income Tax Notice for Crypto Sold on WazirX. These usually are sent as summons to assessee under section 131(1a) of the income tax. The client actively traded cryptocurrencies on WazirX and…