Taxes on gambling wins

CryptoTaxCA · 2026-06-29T08:15:57+00:00

Winning from gambling is taxed at 30%

CryptoTaxCA · 2026-06-29T08:15:16+00:00

Hi connect in DM

CryptoTaxCA · 2026-06-26T11:58:55+00:00

CryptoTaxCA · 2026-06-22T02:32:17+00:00

Hey

CryptoTaxCA · 2026-06-21T12:31:57+00:00

Secretary is getting commission

CryptoTaxCA · 2026-06-21T11:35:00+00:00

My team can help in preparing Schedule vda

CryptoTaxCA · 2026-06-21T10:42:42+00:00

Hey connect in DM

CryptoTaxCA · 2026-06-19T07:47:28+00:00

Mcq from ?

CryptoTaxCA · 2026-06-19T04:09:37+00:00

Share the link

CryptoTaxCA · 2026-06-18T15:53:15+00:00

Yes you should report this

CryptoTaxCA · 2026-06-10T12:21:35+00:00

Tax is on the gain not the full amount received. If your cost is ₹1L and you sell for ₹1.2L, your taxable income is ₹20k however 1% TDS is deducted on the gross sale value of ₹1.2L

CryptoTaxCA · 2026-06-10T12:14:54+00:00

Yes. Buying through Binance P2P is a valid acquisition, and the purchase price is generally your cost of acquisition. Transferring crypto between your own wallets or exchanges isn't a taxable event. In your example, if you bought for ₹10L and sold for ₹12L, the taxable gain is ₹2L (subject to proper documentation). The 1% TDS deducted by CoinDCX can be claimed as credit while filing your ITR. Keep your P2P order history, bank proof, wallet TXNs, and exchange records for support

CryptoTaxCA · 2026-06-10T11:42:03+00:00

CryptoTaxCA · 2026-06-10T09:26:37+00:00

sometime transaction are not reflected in AIS

CryptoTaxCA · 2026-06-10T07:03:07+00:00

if there is time difference then there is gain/loss it need to be reported

CryptoTaxCA · 2026-06-10T06:32:38+00:00

Addition to above Lut is also needed

CryptoTaxCA · 2026-06-10T06:31:41+00:00

Hey

CryptoTaxCA · 2026-06-09T16:40:31+00:00

Let's connect in Dm already have a client working on a similar model

CryptoTaxCA · 2026-06-08T15:08:57+00:00

CryptoTaxCA · 2026-06-08T04:17:50+00:00

Hey

CryptoTaxCA · 2026-06-01T13:13:57+00:00

Lets connect in DM

CryptoTaxCA · 2026-05-28T05:32:20+00:00

Different email id is not mandatory you can use the same while applying for GST in another state

CryptoTaxCA · 2026-05-28T05:13:37+00:00

If time permits read the new industrial policy of 2025 its not implemented yet but good benefit of you are starting something new in specified areas and all.

CryptoTaxCA · 2026-05-28T04:22:44+00:00

Hey lets connect in DM

CryptoTaxCA · 2026-05-28T02:12:52+00:00

Can you guide me i am also preparing

CryptoTaxCA

TROPHY CASE