Anushkaa Arora speaks to Financial Express and gives her views on can you avoid 30% tax by buying crypto on foreign exchange.

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2022-04-09

Anushkaa Arora speaks to Financial Express and gives her views on can you avoid 30% tax by buying crypto on foreign exchange.

“It is wrong to say say that people may avoid the 30% tax by trading on International exchanges using crypto. This shall be an attempt of tax evasion, as seen by concerned departments/authorities. The said transaction shall fall under Section 115AD of the Income Tax Act, 1961, as per facts of each case, hence it is better to be alert than to be sorry later,” said Anushkaa Arora, Principal and Founder, ABA Law Office.

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Anushkaa Arora speaks to Financial Express and gives her views on can you avoid 30% tax by buying crypto on foreign exchange.

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