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The recently released 2023 ITR Forms have separate section for crypto income. This interesting change is seen in Income Tax Return Form 1 (ITR-1) and Income Tax Return Form 2 (ITR-2) so far. A separate schedule has been added for reporting income from crypto and…
The recently released 2023 ITR Forms have separate section for crypto income. This interesting change is seen in Income Tax Return Form 1 (ITR-1) and Income Tax Return Form 2 (ITR-2) so far. A separate schedule has been added for reporting income from crypto and…
The Tax Deducted at Source (or TDS) is a taxation mechanism that ensures that taxes are collected from the source of income. It’s a form of advance tax that is deducted by the payer at the time of making payments such as salaries, rent, or…