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India is coming for unreported crypto gains. Are you safe?
The Income Tax Department has already sent 44,000+ notices and uncovered ₹888 crore in hidden crypto income. 😳
Here’s what changed in 2026 👇
📌 Crypto is now officially “undisclosed income” under Section 158B
📌 Unreported gains = taxed at 60% (not 30%)
📌 Misreporting penalty = 200% of tax owed
📌 They’re auditing transactions going back to FY 2021-22
📌 Your $BTC , $BNB , $ETH trades on exchanges? Already reported to IT dept via TDS
The system cross-checks your ITR with exchange data automatically. One mismatch = instant notice. ⚠️
India isn’t playing anymore. The crypto tax era is real.
💬 Have you filed your crypto taxes this year? Drop a YES or NO below 👇
#IndiaFlagsUnreportedCryptoIncome #cryptoindia #VDA #CryptoNews
The Income Tax Department has already sent 44,000+ notices and uncovered ₹888 crore in hidden crypto income. 😳
Here’s what changed in 2026 👇
📌 Crypto is now officially “undisclosed income” under Section 158B
📌 Unreported gains = taxed at 60% (not 30%)
📌 Misreporting penalty = 200% of tax owed
📌 They’re auditing transactions going back to FY 2021-22
📌 Your $BTC , $BNB , $ETH trades on exchanges? Already reported to IT dept via TDS
The system cross-checks your ITR with exchange data automatically. One mismatch = instant notice. ⚠️
India isn’t playing anymore. The crypto tax era is real.
💬 Have you filed your crypto taxes this year? Drop a YES or NO below 👇
#IndiaFlagsUnreportedCryptoIncome #cryptoindia #VDA #CryptoNews
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India’s VDA journey has evolved—from bans to regulation. Stay informed on the milestones shaping compliant Web3 growth.
#VDA #IndiaCrypto #Web3India #FIURegistered
#VDA #IndiaCrypto #Web3India #FIURegistered
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