Post
Topic
Board India
Re: Tax on Crypto Trading as per New Tax Law - Explained
by
akhjob
on 30/03/2022, 15:00:54 UTC
@webtricks Regarding Q2, I understand that every transfer is a taxable event. But how will they ascertain that I have realised profit in the exchange of BTC to USDT.? I acquired BTC using INR and then exchanged it for USDT. So unless I convert them back to BTC or INR which shows an increase in the original holding, how can they ascertain that I booked profit in those trades ?