CryptoTelugu@holdbtc·Jul 18

🚨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 profit
⚠️To avoid notice

👇Steps
🔗Click- incometax.gov.in
✅Register & login with PAN
✅Efile
✅Income Tax Returns
✅View form 26AS
✅It will redirect to TRACES portal
✅Select assessment year "24-25"
✅View as HTML
✅Export PDF

📄Check if anything is reflecting under section - 194S

🤷194S = virtual Digital currency transactions reported by Indian CEX for your PAN

✅If u find any details, find trade hystory, and declare them during IRT filing

👇Example of CEX names in 26AS
1️⃣Neblio = @CoinDCX txns
2️⃣BuyHatke = @bitbns txns
3️⃣Zanmai = @WazirXIndia txns
4️⃣Giottus = @giottus txns

⚠️U won't see actual exchange name on 26AS
⚠️You have to figure it out

✅If u find any unknown name with 194s just Google that name to find CEX name

📝Happy ITR filing

👇Let me know if u already completed filing ITR & how much tax did u pay

💙Like
🔁RT