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Tax on Cryptocurrency in India

Indian investments in the cryptocurrency have surged to US$6.6 billion in 2021. Where there is profit/loss there is tax? Cryptocurrency gains could happen from multiple ways such as mining, or conventional buying and selling. While the Reserve Bank of India has not...

How to file ITR Income Tax Return, Process, Income Tax Notices

The income earned between 1 Apr 2020 to 31 Mar 2021, called FY 2020-21, will be assessed for tax in the AY 2021-22. The last date for filing returns for individuals is 31 Dec 2021.  This article lists all the articles for understanding Income Tax Return or ITR,...

Income Tax on Selling Shares: Trading, Capital Gains, ITR

What is the tax on income from the purchase or sale of shares? Gains or losses from the sale of shares can be considered as income from business or Capital gains. For capital gains, If equity shares listed on a stock exchange are sold within 12 months of purchase,...

Understanding Form 26AS, Tax Statement

Form 26AS, also called as Annual Statement, is a consolidated tax statement which has all tax-related information (TDS, TCS, Refund etc) associated with a PAN. It shows how much of your tax has been received by the government and is consolidated from multiple sources...

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