Tax Saving for Crypto income

Tax queries 195 views 1 replies

I earn income through crypto trading and crypto investments.

My main source is through P2P, so I don't get money directly in my bank account.

I know that income tax applicable on crypto gains is 30%.

 

But what other ways are there to reduce the tax liability?

Replies (1)

No deductions are allowed for any gain in crypto investment..

But if you are doing any such legal business, in that case expenses related to such business are deductible.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register