Post
Topic
Board India
Re: 30% TAX and 1% TDS applicable dates
by
pawanjain
on 08/05/2022, 12:56:06 UTC
IS 1% TDS on purchasing crypto and transferring to non custodial wallet applicable? or TDS is only applicable when you sell.

As others have mentioned above, TDS is applicable when you are selling your coins on an exchange.
If you are holding any coins on a non-custodial wallet or transferring from one wallet to other then TDS won't be applicable on it.
We will get more clarity on it when the new rules are implemented.