🚨Read this if u don't want a notice from Income Tax Department 🇮🇳

📆Last day to file ITR - 31July

🚨Important if u did crypto trades in Indian CEX & filing Income Tax return for FY 23-24

📃Check your 26AS report with list of transactions declared by Indian CEX for your PAN
✅Declare & pay tax on p…

Any source of income is taxable by the govt, hence crypto ain't any exception

Still learning from current and past scenarios. Have been a bit inactive lately, though trying to keep up and not succumb to the mental pressure

Remember decentralisation is a BIG lie. Anything can be tracked, just the data prevailing in the blocks cannot be manipulated( cannot be tampered with), else they can easily track. 

Secondly, taxing crypto is mainly on account of trns done on the CeX that are registered with your local Tax authorities that gives users data to those authorities, that govt is able to tax it thru TDS.

Thought the aim of crypto is decentralisation, If government can tax it, then they can control and monitor it