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Crypto Currency

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(Querist)
07 November 2023 Respected Experts,
I want to start to do cryptocurrency and I donot know how to pay tax on these because in case of crypto we can get per day profit on saling and purchasing Crypto so how we pay tax daily or monthly,Annualy Tax

pls clerify my Doubts.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
07 November 2023 You have to pay advance tax quarterly.
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Avik Banerjee

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Avik Banerjee (Querist)
08 November 2023 Now What is the rate of Tax in crypto currency
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
08 November 2023 The earnings from trading, selling, or swapping cryptocurrencies are taxed at a flat 30% (plus a 4% surcharge)

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