P2P Crypto Arbitrage Tax Guidance
Budget: ₹600 – ₹1,500 INR
I actively run P2P arbitrage positions between Indian and/or overseas exchanges and I’m unclear about how India’s current rules translate into day-to-day tax numbers. I need a qualified crypto-savvy CA or taxation specialist who can walk me through the exact tax rates that apply to these arbitrage trades, how gains should be computed, and any associated TDS implications that arise from each leg of the transaction.
My main concern is calculation, not bookkeeping or filing mechanics. I’m looking for:
• A concise written breakdown (or a short call plus summary) that spells out the applicable tax slab or fixed rate under the latest provisions, how it differs for profits booked in INR vs stablecoins, and whether any surcharge or cess alters the effective rate.
If you already advise clients on section 115BBH, 194S TDS and the new 1% deduction framework, this should be straightforward. Please outline your experience with crypto portfolios in India and let me know how soon we can schedule the discussion.
My main concern is calculation, not bookkeeping or filing mechanics. I’m looking for:
• A concise written breakdown (or a short call plus summary) that spells out the applicable tax slab or fixed rate under the latest provisions, how it differs for profits booked in INR vs stablecoins, and whether any surcharge or cess alters the effective rate.
If you already advise clients on section 115BBH, 194S TDS and the new 1% deduction framework, this should be straightforward. Please outline your experience with crypto portfolios in India and let me know how soon we can schedule the discussion.