The video attempts to explain the tax treatment of virtual digital assets like cryptocurrencies, NFTs etc. Watch video to know how to compute tax in different scenarios when you deal with cryptocurrencies, what happens if you incur losses and things to remember.
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0:00 Intro
0:43 Summary of topics
1:09 Meaning of VDAs
1:40 Not VDAs
2:26 Taxable Event
2:49 Tax on sale of cryptos
4:44 Crypto losses
9:09 Tax on gifted/airdropped cryptos
11:35 Crypto as salary
12:22 Tax on crypto mining
13:39 TDS u/s 194S
14:05 Summary
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#incometax #taxation #it #virtualdigitalassets #vda #tds
