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If my salary is paid in crypto, how can I report this tax filing in India since the price of crypto fluctuates?
If my salary is paid in crypto, how can I report this tax filing in India since the price of crypto fluctuates?
Subin VR, Chartered Accountant,FCA, DISA (ICAI)
Answered on October 18,2021
Answered on October 18,2021
You can consider the value of crypto on the date of receipt.
Shyamal Modi, Tax Advocate | Financial Advisor | Virtual CFO
Answered on November 25,2021
Answered on November 25,2021
You can consider the value of crypto on the date of receipt as salary. And if there is any gain or loss upon withdrawal, such gain/loss will be considered under the head - Income from Capital Gains.
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