Crypto Purchases Declaration in ITR?

Manoj Punjabi (Accountant) (274 Points)

14 July 2022  

Sir

Do I have to declare Crypto purchases in ITR of FY 21-22 (AY 22-23).

eg. I purchased Bitcoins - Qty 9 units, in FY 21-22, no sales, I am just holding that, no sales transaction in FY 21-22.

Do I have to declare holdings in ITR form, which ITR form should I use.

secondly cost of purchases is not possible to get, as units were bought in p to p trades in very small quantities, it is difficult to identify & trace all those transactions from bank statements.

Exchange has removed those details from their site.

Please guide.