India is coming for unreported crypto gains. Are you safe?
The Income Tax Department has already sent 44,000+ notices and uncovered โน888 crore in hidden crypto income. ๐ณ
Hereโs what changed in 2026 ๐
๐ Crypto is now officially โundisclosed incomeโ under Section 158B
๐ Unreported gains = taxed at 60% (not 30%)
๐ Misreporting penalty = 200% of tax owed
๐ Theyโre auditing transactions going back to FY 2021-22
๐ Your
$BTC ,
$BNB ,
$ETH trades on exchanges? Already reported to IT dept via TDS
The system cross-checks your ITR with exchange data automatically. One mismatch = instant notice. โ ๏ธ
India isnโt playing anymore. The crypto tax era is real.
๐ฌ Have you filed your crypto taxes this year? Drop a YES or NO below ๐
#IndiaFlagsUnreportedCryptoIncome #cryptoindia #VDA #CryptoNews