Hey i just have a simple doubt regarding crypto freelance income, so i get my freelance icome in form of USDT coin and then i use a platform called copperx for offramp solution.
Seeking clarity on tax implications -Receiving salary in USDT & converting via:
1. local offramp: Has 1% TDS - Does this trigger 30% crypto tax?
2. International remittance: Provides FIRC - Regular salary tax slabs?
Which approach is more tax efficient for receiving my freelance income?
Income tax on freelance income from crypto
Apkbox In (3 Points)
20 November 2024
CAclubindia
