u/Indianrain

Is Crypto Indian asset or foreign asset for Taxation POV

Hi,

I hobby traded some crypto and web3 tokens last year using CoinDCX. My CA has now asked me the following question:

"Please check with coindcx whether these crypto are indian assets or foreign assets? If these are foreign assets then ask for Foreign Assets Disclosure report as required for IT return from coin dx"

I contacted the COINDCX chat, and email and also asked the founder on twitter but have not any response. Anyone here knows actually how are these assets treated by Indian Tax authorities.

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u/Indianrain — 8 days ago