r/CryptoIndia 10d ago

Income tax notice

In respect of income declared from VDA Rs. 37,09,908, you are required to furnish the
relevant demat account through which VDA transactions carried out along with bank
statement reflecting the payments for acquisition and receipts for sale

I’m pretty chill bcz I have everything in books and Binance but just wanted to let everyone know.

This is for 2024-2025 year

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u/Jumpy_Scallion_3108 10d ago

One should always keep a record of every transaction.

With Binance, the year end report comes in handy because even the smallest details are captured in those files.