How to file Crypto ITR? ITR filling TUTORIAL for CRYPTO INVESTORS | Crypto Tax

How to file Crypto ITR? ITR filling TUTORIAL for CRYPTO INVESTORS | Crypto Tax | Income Tax Return

Рет қаралды 261,266

Күн бұрын

File tax easily with ClearTax
Use Coupon Code for 60% off: CTLLA60
clr.tax/GPfcw
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
Get smarter with Masterclasses by LLA
Capital Gain Masterclass: cg.lla.in
Employee Rights Masterclass: er.lla.in
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
Free Newsletter 100k+ Subscribers: link.lla.in/newsletter
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
Start your Investing Journey with the best Brokers👇
Upstox: upstox.lla.in/
Other Investment Options: link.labourlawadvisor.in/inve...
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
For income tax section 80C deduction, you need Insurance, Get one Now! 👇
Term Insurance: term.lla.in
Health Insurance: health.lla.in/
Car Insurance: 4wheeler.lla.in
Bike Insurance: 2wheeler.lla.in
Commercial vehicle Insurance: cv.lla.in
Watch the video: Choose the right Insurance for yourself: link.lla.in/LLA-PL-life-insur...
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
📚COURSES: lpti.lla.in
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
In the Union Budget 2022, the Union government imposed a tax on crypto earnings. This is the first time the government has imposed a tax on cryptocurrency, therefore it is critical to understand the taxes rules and the ramifications for cryptocurrencies and virtual digital assets (VDAs) before filing your ITR.
You don't know how? Don't be concerned, LLA hai na; we've got you covered #JagrukJanta.
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
Chapters:
0:00 Introduction
2:40 Crypto = VDA
3:22 VDA Tax Calculation
4:51 Case Studies
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
Read the detailed article here: labourlawadvisor.in/blog/what...
LLA Blog : labourlawadvisor.in/blog/
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
Editor: Rohan Agarwal
Presenter: RJ (Rishabh Jain)
Research: RJ & Prince Sogani
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
Follow us on Social Media📲
Twitter: link.lla.in/LLAtwitter
Instagram:
Telegram: t.me/JoinLLA
Facebook: link.lla.in/LLAFB
Subscribe to our Newsletter: labourlawadvisor.in/newsletter/
#LLA #cryptotaxes #ITR

Пікірлер: 1 100

@LabourLawAdvisor Жыл бұрын

File tax easily with ClearTax Use Coupon Code for 60% off: CTLLA60 clr.tax/GPfcw

@swarnendudutta7337 Жыл бұрын

Hi RJ, can you please make an updated video on 20% TCS on foreign investment...There are lot of questions on how to show that while filing ITR

@Atom00.1 Жыл бұрын

If a man buy 10 lakh crypto and gave it to his son which become 50 lakh , than in that case is there any tax to be given by anyone Case 2 , if a man buy 10 lakh and it becomes 50 lakh and then he gave it to his son, is there any tax to be filled.

@voltagegyan7811 Жыл бұрын

Maine binance main 2k ka usdt buy kiya tha aur use sell kar ke bank main paisa le liya tha. Kiya muje bhi tax file karna padega?

@swadeshcrypto Жыл бұрын

I have doubt on Airdrop some expert is considering Airdrop as giftand why you considered it non gift category amd another question if someone livea in another country but citizenship is india they he have to pay tax ?

@sourabhGR1 Жыл бұрын

Finally you made this video, after my request comment..thank ❤you so much, I didn't expect you would do it so fast, Hats off to you and your team.🙏😎🙏

@TusharEdits Жыл бұрын

Loss hua to hamara 😢 Profit hua to sabka 🤝

@Subh_labh_ Жыл бұрын

Government: Cake cutega sab mai batega

@stockmarketyt8952 Жыл бұрын

Aur agar P2P scam toh latka 😂

@user-xd8mm4ph4r Жыл бұрын

Government scam

@JUSTIN-gv7nd Жыл бұрын

Tax q lagta he Bo samajh le loss hone he q ni lagta he pata chal jayga

@user-xd8mm4ph4r Жыл бұрын

@@JUSTIN-gv7nd Loss honepebhi tax lagega. Video pura dekhke comment kar gawar.

@letsrollagain Жыл бұрын

Simply wow. Simple and plain, even a student can understand it

@saritapambra2707 10 ай бұрын

only video on KZfaq that gives clarity on crypto tax

@mailtoajm Жыл бұрын

Solution: De-centralised exchanges like BISQ, Hodl Hodl....avoid KYC-mandating exchanges like Binance, WazirX etc

@techtree7448 11 ай бұрын

Yes

@vikramcarpenter1058 10 ай бұрын

Inr me kese convert karoge fir

@mailtoajm 10 ай бұрын

@@vikramcarpenter1058 issme both buying or selling ho jata hai..aap ek how to use hodl hodl video dekh lo..aapko samajh aayega

@arpitsingh2397 7 ай бұрын

@@vikramcarpenter1058 exactly

@Ram-vo9hf 7 ай бұрын

Invasion

@stanleydmello5758 6 ай бұрын

From an old man Good and clear explanation Have subscribed and tapped 'like' Thank you and God bless you and your family

@gameaddict19 7 ай бұрын

conclusion government na job degi na thume kamane degi unko sirf tax chiye

@6891deepak 6 ай бұрын

Crypto chakchu khol diye es video ne.. thanks RJ😊 and team lla

@kingnomanmff2646 Жыл бұрын

AAJ KE BAAD..... NEWS TO BE ONLY USED AS POCHAH!... MAN YOU GUYS REALLY GIVER AUTHENTIC INFORMATION❤

@CaptainPlayss Жыл бұрын

Very Helpful and Educational video. Thank you 🙂

@TraderInMe2024 Жыл бұрын

Need special video for F&O loss filing and Below tax regime and how to prepare Excel sheet

@traveldreamok 4 ай бұрын

Wonderful video! You have explained it beautifully. I can understand crypto isn't streamlined so all these restriction. Hope things will be easier in future

@aashish03 Жыл бұрын

Kya editing hai sir Kamal ke knowledge ke sath 🙏🙏

@akhileshsahu4123 Жыл бұрын

Important takways:- 00:00 📈 Indian Government collected 1% TDS on all Crypto transactions, amounting to Rs 15,790 Cr in the last Financial Year. 00:29🚨 Income Tax department is tracking Crypto transactions through TDS, and non-compliance can lead to penalties and actions. 00:59💰 Crypto transactions are now covered under the Prevention of Money Laundering Act (PMLA), making compliance mandatory. 02:27 📊 Crypto is categorized as Virtual Digital Assets (VDA) and is subject to Capital Gain tax at a 30% rate. 04:24 📆 The Capital Gain tax on Crypto transactions applies from April 1, 2022, to March 31, 2023, with a deadline of July 31, 2023. 05:49 📉 Crypto losses cannot be offset against gains, leading to potential tax liabilities even with an overall loss in Crypto transactions. 07:45 🔄 Swapping Crypto or buying goods with Crypto is considered a taxable event, and tax is calculated based on the Capital Gain. 10:11 💳 Certain transactions, like Crypto holding, transfers between wallets, and gifts from blood relatives, are tax-exempt. 11:40 💼 The Indian Government tracks Crypto transactions via TDS, where 1% tax is deducted at the time of sale and reflected in Form 26AS. 12:37 📝 For Crypto taxation, use ITR-2 if showing as Capital Gain and ITR-3 if showing as Business Income; tax rate is 30% in both cases. 13:04🌐 ClearTax provides an easy-to-use platform to import and file Crypto transactions from various exchanges, simplifying the tax filing process.

@mastershiva2024 6 ай бұрын

mera question hai, aggar 30% tax leh toh raha hai fir PMLA kayse?

@beginneryoutuber0 5 ай бұрын

I think its Best Vedio on youtube to know about how to file itr against crypto thankyou for this knowledgeable vedio❤

@aummehta1832 Жыл бұрын

Simplest explanations 👍🏻

@AnupamPatrapatanupam4 Жыл бұрын

Why pay extra in cleartax when filing tax returns on government income tax return website is easier now

@bhaveshkarnawat9522 Жыл бұрын

How to connect crypto exchanges and wallets over their ?

@DebabrataPathak1 Жыл бұрын

😂 they pay money to LLA...simple

@HK-bw2mg Жыл бұрын

Esa nai h ak ak transaction ko khud bhet ke fill krna hoga uska sara details return main fill krna h meri transaction 1000 hai unko fill krne bheta toh gya vaki ya unko calculate bhi krne bheta toh bhi bhut basudi hai bss iss liye yeh web ya aap paid hoga

@lokeshgoel5601 Жыл бұрын

I tried filing ITR -2 for a friend who had capital gains. That page is not easy. We both left midway. ITR-1 is fine but itr2,3 are not for avg joes

@AnupamPatrapatanupam4 Жыл бұрын

@@lokeshgoel5601 I did ITR2 for myself. It does take more time than the 3rd party portals but it’s a one time effort

@rohitsoni9325 Жыл бұрын

@6:15 I disagree from the explanation made for the first point "Further, loss from transfer of VDA cannot be set off against any other income". In my opinion, this should mean that loss from crypto (overall loss) can not be sett off against other income such as capital gains from stocks/property. It is no where mentioned that loss from one VDA can not be set off against profit of other VDA.

@khanejaanshul1996 Жыл бұрын

You raised a very valid point here. There is an ambiguity amongst various stakeholders whether a loss of one crypto can be set of against another crypto. But government clarified this aspect whilst passing the FA 2022. For this, you need to look at the provisions of sec 115BBH closely and the manner in which it was worded in Finance bill 2022 vis-a-vis the provision of 115BBH passed in the FA 2022. In Finance bill 2022, the provision mentioned that no set off of loss shall be allowed under any 'other' provision of this Act while computing income from transfer of crypto, which transpires that a room was left by government to allow set off of loss from transfer of crypto under this (115BBH) provision. The law was amended later in Finance Act 2022 wherein the government replaced the word 'other' with 'any' from the provisions of sec 115BBH. Thus, the law, as it stands today, clearly indicates that no losses are allowed to be set off upon transfer of crypto under 'any' provision of this Act (including the losses arising from transfer of crypto). This is how income tax works. Even a cosmetic change can change the interpretation altogether. So In a nutshell, your interpretation is not correct and losses from crypto cannot be set off against gains from any other crypto.

@harikirant6144 Жыл бұрын

What if trade only a sinlge coin ? @@khanejaanshul1996

@fenderl15 4 ай бұрын

this is correct understanding

@rajas441 4 ай бұрын

@@khanejaanshul1996 What about multiple transactions (few profitable/few losses) on same coin? Will i need to see cumulative profit - cumulative loss for tax calculation? someone has already asked this question, please answer if possible.

@singh90only4u Ай бұрын

What about same coin?@@khanejaanshul1996

@bfake2569 Жыл бұрын

Love your content, Can you make a long video on taxation rules and payment methods for freelancers, specially dealing with international clients, there are many videos on youtube, but most of them are unclear. Please take the initiative and make a video.

@nishantmathur8559 Жыл бұрын

Yaar aap logn ko jitna thanks bolu utna kam h😊

@sarthaksharma9576 Жыл бұрын

Best channel for all finance related topics, really loved the explanation and discussions over it. Would love to see more female participation in your team, Great Work!

@sellapandiyanarumugam5532 11 ай бұрын

L lolo

@VB-rw1cd Жыл бұрын

What about multiple transactions (few profitable/few losses) on same coin? Will i need to see cumulative profit - cumulative loss for tax calculation?

@MysteryReviewz 5 ай бұрын

U guys cleared my mind ❤❤

@abrarshaikh1875 Жыл бұрын

Thank you for the guidance appreciate it.

@MAUSAM98766 8 ай бұрын

To put it simply, I registered my company in Wyoming, USA, since the state does not impose capital gains tax on shares or cryptocurrency and is tax-free for non-residents. I open a cryptocurrency or trading account with my Wyoming company, and I'm not required to pay taxes.This is how I avoid corporate and crypto tax.

@kanishkgiri6429 7 ай бұрын

LLC or INC?

@kanishkgiri6429 7 ай бұрын

What attorney/platform did you use?

@MAUSAM98766 7 ай бұрын

@@kanishkgiri6429 wyoming llc

@MAUSAM98766 7 ай бұрын

@@kanishkgiri6429 I use karken platform for crypto tading.

@mohitchauhan6153 4 ай бұрын

What exchange did you use? I have applied to Gemini and it’s not getting approved. Can you suggest?

@ghostlink8824 Жыл бұрын

Sir please say, do I need to pay tax on wazirx referral bonus as wrx which I used to buy other coin. ?

@akashlikhar4083 Жыл бұрын

Nice Explanation. Please also make a video on US Stocks Tax Filing/Declaration.

@Keshav0852 4 ай бұрын

Very Informative video Sir 🙂🙏 Please make this type of Informative taxation videos 🙏🙏 And thanks for making our citizens aware about finance knowledge 🙌🙌 Keep it up Sir👍👍

@bristinborah Жыл бұрын

Tax is not required while Swapping on Decentralised exchanges because intermediaries like bank is not involved neither fiat involvement is there. But yeah swapping on centralised exchanges like Binance , wazirX is taxable because the swapping pair liquidity is maintained by a centralised body itself and includes the involvement of fiat whereas in case of decentralised exchanges code handles every liquidity pair.

@sagar_crypto Жыл бұрын

But jaha tds katega tax to uska hi dena h n ab centralized exchange me trade krne pe tds kaha lagta h

@rehan.normie 8 ай бұрын

swapping fee of dex

@bukworm213 8 ай бұрын

Sir I earned 10 rupees on crypto please tell me where I can give my 3 rupees of tax , will income tax department take 3 rupees as tax ?😅

@paingun911 4 ай бұрын

mujhe bhi batana warna 30 rs lene k liye mere ghar pe ye bulldozer na chala de

@KushagraNamdev 3 ай бұрын

Kuch hua bhai fir😂? Mujhe bhi 100₹ profit ki itr bharni hai

@karthikyadavar245 3 ай бұрын

1 rupiye pai bhi tax lagega

@editszone0 3 ай бұрын

😂😂😂

@user-lm5we8wv4p 12 күн бұрын

@@paingun911@KushagraNamdev bhai kuch bta de naya information aya ho to tere bhai ko pura 10₹ profit hua 🤣🤣income tax bharna hai 31 july najdik ati jari bata de koi rasta Itna Sare profit ke tax lete he ya ni 🤣

@tradewithbj Жыл бұрын

Thankyou sir iss type ki video banane ke liye

@nimitsavant3127 Ай бұрын

Amazing, thank you. This was apt.

@sanjivanimalhotra2805 Жыл бұрын

Simple and an excellent explanation Yet I had a question regarding gifts from blood relatives which is if the gift has been recieved by a step parent/siblings will the 50k limit be still applicable?

@WaveCryptoClub Жыл бұрын

50k limit won't be applicable if it is from blood relatives

@lovegames3711 Жыл бұрын

Worst rule...... BJP ka sabse ghatiya decision

@bimlesh99 6 ай бұрын

Thx for valuable information 🤠ℹ️

@vimlasharma2328 5 ай бұрын

pure KZfaq m sabse best tareeke se inhone samjhaya h....i had see. so many videos related to crypto tax filling...kisi ne itna acha nhi samjhaya....God bless you sir❤

@Auto_god22 Жыл бұрын

Crypto illegal hai bs uspar legal TAX hai 😂😂

@user-xd8mm4ph4r Жыл бұрын

Chaiwala chaccha he to saab mumkin he 😂

@Auto_god22 Жыл бұрын

@@user-xd8mm4ph4r literally know one care about people. They collect only tax. For their shitty plans(yojna)🤣

@editszone0 3 ай бұрын

😂😂sahi ptre Bhai

@afaqahmed3744 Жыл бұрын

@labourLawAdvisor - great video. Thanks for making this. Still lot of ambiguity. Can you help what will happen in following scenarios- 1. If parents bought coins of 100 rs and gifted to child, who later sells it for 200rs, so child will pay tax on 200 or 100 rs profit only? 2. If parents purchase 100rs crypto and gifts to nri child who transfers to wallet and sells on a oversees exchange, how will it be taxed?

@aakashs6004 Жыл бұрын

Hello, A fellow crypto trader here. 1. The child should pay tax on 100rs as that is their profit. 2. There is a debate about it, but If that exchange doesn't send TDS to Indian gov, that sell transaction wont be in the gov's radar.

@kanishkgiri6429 7 ай бұрын

There’s a declaration I saw on Wazirx which states that you’re not transferring the crypto outside India. Now they have all disabled withdrawals

@rithikkedia2577 Жыл бұрын

please bring a tutorial on f&o transaction, it's audit limit in various circumstances

@educationspecial4187 4 ай бұрын

This one video is enough for all Crypto taxation in India.

@VishalSingh-dv2vg 9 ай бұрын

On Crypto this type of taxes are not there any were in the world.But this govt only wanted Middle class to sell Pokodas

@anmolbadoni6014 7 ай бұрын

Will there be a "TDS" If we are transferring crypto from an international exchange "Wallet" to an Indian exchange "Wallet"?

@interestingvideos361 4 ай бұрын

When u sell and buy tds will cut

@syedmushtaq6031 4 ай бұрын

Very informative, Thank you sir...

@happylifmindfully 5 ай бұрын

Very nice and informative video. 💎👌🏻

@adityakushwah1430 Жыл бұрын

If you are a funded cryptocurrency trader and you only execute trades on their own platform or on another platform like mt5, but as you are aware, the trades you execute on other platforms do not contain our PAN card or anything else, and you then withdraw your profit using either PayPal or your cryptocurrency wallet, should we be required to pay tax on each and every trade?

@WaveCryptoClub Жыл бұрын

it is best to calculate tax on all transactions and pay it

@luckysingh7540 11 ай бұрын

If I have staked my crypto and I am getting interest on that then how to calculate tax Because I haven't sold the principal amount which I have staked.

@shubhamshaw9692 4 ай бұрын

Still 30% on Staking

@sbaud2003 6 ай бұрын

Thanks, very informative

@pratik2998 Жыл бұрын

Please make a video on US stocks tax filing ITR 2

@pramits9 Жыл бұрын

I m a salaried individual and I had invested in shares and SIP's but my long term gains and short term gain are 0, so do I need to fill ITR 1 or ITR 2 form?

@ankitpandey6945 Жыл бұрын

Itr 1

@VacationFor 4 ай бұрын

That's why i dont like BJP govt no more voting for 2024 election

@shubham943 3 ай бұрын

Dark web k baare mein suna hai? Illegal activities ka crypto currency mein transaction hota hai udhr govt. track nhi kr skti isliye discourage kr rahi govt. thora gyan praat kr lo

@rohankonar 2 ай бұрын

@@shubham943LOL 😂😆

@fuzail3379 2 ай бұрын

@@shubham943sirf india ko dikkat hai. Aur devloped Country like US & UAE Etc have no problem.

@shubham943 2 ай бұрын

@@fuzail3379 Thora Google kr leta bolne se pehle US, Japan, etc. countries mein crypto regulated hain South Korea ne ban kara hua hai Japan mein jo capital gain hua hai crypto se uspr tax dena pdta hai pata kuch hai nhi bs aa jaate hai bolne

@subha248 2 ай бұрын

@@shubham943crypto tax 30% kaam laga h isko koi iske portfolio pr 70% tax lagao tab isse samajh ayega

@KapilSharma-yr3zs 4 ай бұрын

Good job ! Greetings from Germany. ))

@aayushagarwal1 Жыл бұрын

We need part 2 of this video

@idiotdusst3772 8 ай бұрын

I love my bharat but i dont like current gov of india

@freefall_910 4 ай бұрын

I love my india and I dont like current govt dictatorship hai

@smp6888 3 ай бұрын

You must be loving Biden Govt or British BBC or Pakistan Govt may be Chinese Communist or North Korean Govt

@AryanSingh-em5er 3 ай бұрын

To kahi aur jaake ke reh lee, tab pta lagega infia kitna moderate hai economy mai

@rayyanalikhan007 2 ай бұрын

Then vote them out this time. Dubai is already holding a 2049 event for crypto and everyone is going there. Even there is no flight available and/or is costly rn. But, our government is just not progressive.

@idiotdusst3772 2 ай бұрын

@@AryanSingh-em5er lagta hai Andh bhakt ho

@vaibhavagrawal9382 Жыл бұрын

Sir, jisne P2P transaction kiya ho binance me and vaha se crypto transaction hue he to vo ksse track hoga because usme TDS bhi applicable nai he and bank account me normal transaction hi show krega?

@deepakthakurani4844 Жыл бұрын

Bilkul Bhai Ye kese show hoga government ko ?

@deepakthakurani4844 Жыл бұрын

Or binance k under kon kisko transfer kr rha hu funding wallet se vo kese government ko pta chal skta h

@Sthassan Жыл бұрын

TDS manually file karna padega fir...wo sirf buyer karega

@Rohitkumar_1729 Жыл бұрын

Bhai P2P karne pe toh Bank account block ho rahe hain na, Isi darr se main market se exit nahi kar paya, mera 22k ab 4k ho gaya, mujhe bank mein deposit karke crypto choddna hai

@venkateshmurthybs1447 3 ай бұрын

Educative video on crypto taxation👌

@abhishekgupta-lm8ht Жыл бұрын

@labourlawadvisor can you make a video on ESPP. and the tax deduction on it ?

@Ganeshamb200 3 ай бұрын

Garib Ko amir nhi Bane Dena ha💔

@SuryaPrakash-nm3ev 11 ай бұрын

Binance pe services ki payment receive hui ho or use wapas kisi service k liye use kar liya jaye to tax lagega? kyuki govt use track nhi kar sakti kyuki vaha TDS nhi kata hai

@brankelly1921 3 ай бұрын

Good question!!!

@shaajeeinternational7821 3 ай бұрын

Awesome bro, thanks

@vickyarora1044 Жыл бұрын

Kaafi dino se wait tha is topic k video ka aapke channel se... But ek do question h.. Jese Binance pr b2b buying or selling hoti h us chiz ki calculation kese krege?? future and option k case me kya hoga ??

@pyniarphangmawri1630 6 ай бұрын

Can we stay in india n trade in Dubai using UAE banking n everything ?? since Zero tax in UAE.

@Your_Raks 4 ай бұрын

DTAA is only applicable if the person lives for more than 6 months in Dubai. So yeah live in Dubai for more than 6months then zero tax.

@pushpanjalin6082 Жыл бұрын

Sir can briefly explain about slbm charges in zerodha

@finandswing Жыл бұрын

Much needed info

@shinel9541 Жыл бұрын

Request you sir

@ubed1339 4 ай бұрын

Thank you for the information

@sandeepgautam713 Жыл бұрын

Best video of this Bitcoin assets very clear points

@marketgeek2647 Жыл бұрын

If my parents gift me crypto worth ₹2,00,000 which they bought at ₹1,00,000 and i sell it immediately for ₹2,00,000 then do i have to pay tax on the 2lac?

@PiyushB19 Жыл бұрын

Tax on 1 lakh profit

@brahmastra8210 Жыл бұрын

@@PiyushB19hey can u help me & my friends played many tournament and the prize comes in crypto so there is no buying and my salary also credited in crypto so how can i calculate tax beacuse 30% is too much i have no investment so how can i calculate profit ?

@DRAJ93 Жыл бұрын

😂 Poora portfolio Lelo choro

@Your_Raks 4 ай бұрын

Your parents have to pay 30% for transferring (since it's above 50k) You also have to pay 30% tax for selling it later. 😂😂 jai ho bjp

@marketgeek2647 4 ай бұрын

@@Your_Raks gifts from blood relatives are tax free no matter the amount

@DisciplinedTrader27 3 ай бұрын

case kardunga me IT dept aur nirmala tai par, dimaag ka bho__ ho gya he

@roshnisirimalla6197 Жыл бұрын

please make one detail video on education loan to study abroad, in which details include process, interest, collateral etc

@DrSiddhloveyou Жыл бұрын

Much appreciated

@nnkka Жыл бұрын

what happens if my business has a profit of 500000 from crypto and after paying the 30 percent tax the remaining 350000 is distributed to the partners. Do the partners have to pay tax on it again as capital gains

@mani-india Жыл бұрын

@vishalshaw82 Жыл бұрын

I have a question? Government charges 1% TDS in cases of swapping, selling, NFTs etc. But Is this TDS charged on the above amount of 10,000 or below as well. For example if I'm buying a coin with an total amount of 5,500 and then selling it for let's say 6,000 will the government charge a TDS of 1%. One thing to keep in mind is that, these whole scenario took place in an international exchange via p2p method.

@mani-india Жыл бұрын

Yes

@03dhananjaybagal15 Жыл бұрын

government charge 1% TDS even if u sell crypto of 100 Rs

@Arka_Das Жыл бұрын

kuch vi karo, kahi vi karo, profit ho ya loss ho, baas Govt ko paisa do.

@aakashs6004 Жыл бұрын

The internation exchange wont cut your tds automatically (and obviously not in p2p), you as a responsible citizen should deduct your tds (or of the one you are buying from, becoz they will be the one selling, and sell trnx should have tds) and submit it to the gov.

@alchemists932 Жыл бұрын

what about futuers?? do i have to pay tax on 100x leverage?

@TechDopes Жыл бұрын

sir i have a question, i mined etherium with my mining machine that machine costs 6.5 lakh, and i mine arround 1 eth that cost me 1,20,000 when i sold it, so is mining of eth assets would be taxable?

@VB-rw1cd Жыл бұрын

I had 1lac as capital, i wanted to become rich. 1. I bought Matic at 1 lac, sold at 2lac = profit of 1 lac. 2. Bought Matic at 2 lac, sold at 1 lac, = loss of 1 lac. Total capital remaining = 1lac, Profit 0, Loss 0 I did 50 such transactions. Now I still have a capital 1 lac, overall profit 0, overall loss 0. But my tax implication is 30% on 50lacs, = 15lac. I'm poor, how can I pay this much tax??

@harikirant6144 Жыл бұрын

This is similar to my case and it makes no sense. What are going to do now? Please help!

@tirthdangar555 Жыл бұрын

50L kese hua bhai

@EpicBaba7 10 ай бұрын

@@harikirant6144Bhai aapne kaise tax pay kiya

@rohitkadam9318 5 ай бұрын

Case kr do gvt par

@anuragsingh2556 Жыл бұрын

Suppose I buy 5k BTC and sold at 6k rupees profit is 1k after 1 month again I buy 5k BTC and sold at 4k then loss is 1k Overall no profit no loss then any tax i need to pay because I earned 1k profit in previous transaction.

@harshverma_ Жыл бұрын

Nah, you have to pay 30% on 1k profit..

@noobvibe Жыл бұрын

Seedi baat tax Dena padega Bhai tuja 😅

@anuragsingh2556 11 ай бұрын

@@noobvibebhai itr file toh kar diya 21k ka profit hua hai but udhar tax pay karne ka option nahi aa rha bahut youtuber bol rahe hai ki 2.5 lakh se income Kam hai toh 0 tax Dena hai.

@noobvibe 11 ай бұрын

@@anuragsingh2556 nahi bahi tax Dena padega agr 500 ka bai profit hua

@noobvibe 11 ай бұрын

@@anuragsingh2556 tum kon sa exchange use kr reha tha

@bikeinfotech Жыл бұрын

Thank you bhaiya, Jai jinendra

@sachinmakhijaips Жыл бұрын

12:32 may be mistake if u have buisnes income & also vda incom via captial gain u also have to file itr 3

@aakashs6004 Жыл бұрын

i dont think so, if you treating your vda income as a business income (if you are a frequent trade) you should file itr 3.

@Azharkhan-hq7zl 3 ай бұрын

Very good explanation

@dhananjaykumar-uw8qg Жыл бұрын

make a video on how to file stock market ITR

@ravipatil2724 Жыл бұрын

sir mai apko ha at jodke naman karts hu plz adverse possession kai bare mai batao

@TechDopes Жыл бұрын

@binodonmania7631 11 ай бұрын

Hello , I have an question, I trade in USD(s)future perpetual of different coins. My basic invest is 4 USDT and take 100* leverage that's why the margin becomes 400USDT, after that, I take decision to buy/long or sell/short that trade as per market goes, after some time I see watch a profit of 100% so close the trade and book my profit and my basic invest becomes 8 USDT. In this scenario 1) Will any kind of TDS be charged here? If yes then what about the percentage ? Do I have to pay the TDS amount instant there or it will automatically be deducted from my basic investment, or I will have to pay it in the time of ITR filling. 2) As I book a profit of 100% , and my 4 USDT becomes 8 USDT, so what capital gain tax percentage rate will be charged here? do I have to pay the capital gain tax immediately there, or it will be deducted from the investment or I have to pay it during ITR filling. Please , answer these two quarries of mine.

@MARK97GAMING Жыл бұрын

Sir I have a question Agar 1 July 2022 se pehale crypto buy kar rakhi hai and use staking me daal rakha hai and staking se generate hone wali crypto ko sell nahi Kiya and ye staking international wallet like Binance me kiya hai jnha INR me transaction nahi hota hai jisse TDS nahi cut hota hai to tax dena hoga kya because abhi tak crypto sell nahi ki hai to INR me convert nahi hue hai jisse ye nahi pata ki us particular crypto par overall profit huaa hai ya loss because jab buy kar rakhi thee tab uski value current value se bahut jyada thee To us situation me kese pta chalega ki tax file karna hai ya nahi

@MangoJT 6 ай бұрын

Sir thank you so much for best detailed information. I have a question please answer. Q- I have done too many transactions on my wallets with same amount with different coins. - If I do transactions with different coins but with same amount with myself wallets will go under TDS? - all I have been got is loss from crypto investments, still i have to pay tax ? Bcz i have no money to pay taxes. - not filing itr for 3 years how will impact my future?

@royalakmaurya97 11 ай бұрын

dear sir my question is , if a person play a gambling game (Royal win), he takes a lot of different member id (member genarlly freinds & friends family member id , "id me mobile number,addhar, pan card, bank account " link karte hai ) , every id play game daily and end of the month if he won amount which account , total amount end months me withdrawal (withdrawal amount genarally 20k to 40k par account ) and thank he give every member of id 300rs only , kya every id member ko tax pay karana padega , than if yes how much ?

@laedingr Жыл бұрын

Please Tell, if I sell my crypto to INR then I have to give TDS not during trades like Doing future and options trading. Untill I convert to INR TDS is not necessary ??? Giving 30% tax is not problem but give 1% each time I made trade that will be huge problem. Please tell this

@user-lk3th1px9b 8 ай бұрын

If I am withdrawing usdt to by switching the network (transferring to one key app) then I am liable to pay taxes on the same

@Harsh-ls2in Жыл бұрын

I currently do not have enough income to pay taxes, can I pay taxes later with related late fine?

@TechDopes Жыл бұрын

sir i have a question, i mined etherium with my mining machine that machine costs 6.5 lakh, and i mine arround 1 eth that cost me 1,20,000 when i sold it, so is mining of eth assets would be taxable? and now etherium mining closed so i am in losses of arround 5 lakh, and additionaly i bought eth arround 1.8 lakh and sold it in loss approx in 90000 rs. so in which ammount i have to pay taxs pls reply ............... a

@ajoybarman4155 11 ай бұрын

please sir make a video on, how should a govt employee invest?

@surajbhandari6098 7 ай бұрын

8:05 What if I directly convert BTC to Eth without inr? Will it be taxable?

@AK-ww8wu Жыл бұрын

If we buy USDT then convert to BTC & hold btc, that mean i am not selling anything ..do we still have to declare it?? It’s showing in AIS/TIS as Virtual asset, but do we need to pay any tax??

@avinavraj5426 Жыл бұрын

Sir, when we swap direct our crypto from btc to ether, then also we have to pay tax of swap.??

@premdarshankumar5030 Жыл бұрын

Please make a vedeo of itr on stock mutual fund and f&o

@santsaranverma8213 Жыл бұрын

Good 👍 Right 👍👍👍 thankyou sir

@DKEdits143_shorts Жыл бұрын

@LabourLawAdvisor Hi I am salaried employee I see your videos on ITR. 1. Can I register on income tax portal for just seen to the details of AIS, 26as form (I am not filling ITR) 2. I am investing in stocks and mutual funds also so could you please expalin how to file itr for HRA, Mutual Funds, Stocks(not a big amount), Personal Loan includes all. 3. In next year I will file ITR then there is something I need to do in year? 4. Why should we file ITR what are the benefits.

@_ravikataria_ 4 ай бұрын

Question: Earned 1cr in profit, 30% TDS paid. Are we liable to pay further tax on the 70L income which is part of total income of that financial year?

@harishkaushik8552 7 ай бұрын

Ser I want to know that Agar main apna profi apne bank me transfer na karke apne cripto wallet me hi rakhat hun to bhi mujhe tax Dena hoga Aur kya tabh bhi mai tds claim kar sakta hun

@CrAzY_PRAYAG Жыл бұрын

What if we buy Usdt from a kyc'd exchange and trade on non kyc'd exchange, government can't track those non kyc's exchange as they don't give TDS data to government. Help on this topic 🙏