Friday, July 19, 2024

ITR filing FY24: Have income from cryptocurrencies, NFTs, virtual digital assets? How to show it in ITR form

ITR filing: The Income-tax Act has established a fixed tax rate for the taxation of income from virtual digital assets (VDAs) such as cryptocurrencies, non-fungible tokens (NFTs), and other VDAs notified by the government. Here is a look at how to report income from cryptocurrencies, NFTs, virtual digital assets in your ITR.

from Tax-Wealth-Economic Times https://ift.tt/8kyjGSF

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