Trading $BTC/$ETH futures in India? Filing ITR-2 is a trap.
ITR-3 is what you need if futures = business income. But here's the catch: you can't just write off every loss or expense. Indian crypto tax rules are strict, and mixing spot + futures = audit red flags.
Wrong turnover calc? Incomplete P&L? Wrong form? You're asking for compliance hell.
Separate your spot from futures. Track everything. Use tools that auto-generate compliant reports or you're flying blind into tax season.
ITR-3 is what you need if futures = business income. But here's the catch: you can't just write off every loss or expense. Indian crypto tax rules are strict, and mixing spot + futures = audit red flags.
Wrong turnover calc? Incomplete P&L? Wrong form? You're asking for compliance hell.
Separate your spot from futures. Track everything. Use tools that auto-generate compliant reports or you're flying blind into tax season.