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🇮🇳 INDIA'S CRYPTO TAX CRACKDOWN IS HERE.
The Income Tax Department has now issued 44,000+ notices to crypto investors and traders.
What's more alarming?
₹888+ crore ($104M+) in undisclosed crypto income has already been identified.
Authorities are cross checking exchange data, PAN records, bank transactions, and ITR filings. Notices are reportedly being sent for transactions dating back to FY 2021-22.
The 1% TDS trail is making crypto activity easier to track than many realize.
The era of "they'll never know" is over.
If you've traded crypto in India, assume the data already exists.
Did you receive a notice? 👀
#India #Crypto #Tax