Vishal Shinde

766 posts

Vishal Shinde

Vishal Shinde

@Vishal_Fantasy

Life is a Sport Make it Count ✌ Sports Manager, Cricket Fanatic 🏏

India Katılım Nisan 2015
47 Takip Edilen164 Takipçiler
Vishal Shinde
Vishal Shinde@Vishal_Fantasy·
Never seen a worse captain than Rishabh Pant, ever. Urvil was slogging from ball one and he still kept bowling spinners. Prince Yadav should’ve got the 6th over itself, instead he gave him the 9th. Catch got dropped and even then Urvil struggled badly against Prince. #urvil
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Vishal Shinde
Vishal Shinde@Vishal_Fantasy·
Want to sell 2 tickets for MI vs. SRH today at Wankhede Stadium, Mumbai. 2 Tickets x Sachin Stand L3 Selling below MRP. #IPL #MIvsSRH #Wankhede
Vishal Shinde tweet media
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Vishal Shinde
Vishal Shinde@Vishal_Fantasy·
Want to sell. Wankhede Stadium- MI VS SRH - 2 tickets at MRP. Sachin Tendulkar stand L3 BLOCK A :SEAT NO: 598, 599 DM if you want. Instant BMS transfer. #iplticket #IPL #Wankhede #mivssrh
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RT@officialRT45·
@Vishal_Fantasy interested in buying. how to connect
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Shana⁴⁵
Shana⁴⁵@shana45__·
Kisi ke pass MI vs CSK ka ticket available hai?
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Vishal Shinde
Vishal Shinde@Vishal_Fantasy·
@Crypto_Pranjal What if you dont withdraw anything in your bank but you just do transfer from one wallet to another? Do they share this data to govt as well? Or only if you withdraw money then its only taxable. One more thing what if only adhar is linked not pan number?
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Pranjal Bora 🧭
Pranjal Bora 🧭@Crypto_Pranjal·
I just paid tax (India) on my crypto! 🏦 All the crypto I earned and all transactions done under my name in the last financial year are now properly reported and tax-paid. I worked with a CA (Chartered Accountant) for this. He handled the filing and made sure everything was done in a clean and compliant way. Crypto tax in India is still confusing for many people. And if you’re from India, this might be helpful. I’m just sharing my own experience here. Some details may not be perfect, and rules keep changing, so always consult a CA for your own situation. ------------- ▶️ A few basics in simple words Selling crypto = taxable event The moment you sell crypto or swap it for another token, tax rules apply. Holding crypto or USDT = not taxable Just depositing USDT to an Indian exchange like CoinDCX and holding it does not trigger tax. No sale, no swap, no tax. ------------- ▶️ One big misunderstanding a lot of people have: 1% TDS is NOT the final tax When you sell crypto on Indian exchanges, they deduct 1% TDS. TDS (Tax Deducted at Source) means the exchange cuts a small amount and sends it to the government to signal that a crypto transaction happened. Example: You sell crypto worth ₹1,00,000. Exchange cuts ₹1,000 and sends it to the government. You receive ₹99,000. That ₹1,000 is not your final tax. It’s just an advance adjustment and tracking mechanism. Final tax is calculated later when you file your return. ------------- ▶️ How crypto is taxed in India (as of now): - Crypto profits are taxed at 30% - Plus health and education cess - No deductions for expenses - Losses can’t be adjusted against other income All of this is calculated when you file your ITR (Income Tax Return). ------------- ▶️ How airdrops are taxed in India: In India, airdrops are generally treated as income at the time you receive them, based on their fair market value in INR on that day. This can be taxable even if you don’t sell. Later, when you sell the airdrop: - The value taxed at receipt becomes your cost price - Any gain on sale is taxed again at 30% (plus cess) - Losses, if any, cannot be adjusted Example: Airdrop received on 5 June 2024, value = $1,000. That $1,000 may already be taxed as income at receipt. - If the price dumps and you sell at $500: - $500 − $1,000 = loss, which is not adjustable If the price pumps and you sell at $1,300: - $1,000 taxed at receipt - $300 treated as profit and taxed at 30% So depending on when you sell, you can end up paying tax even when you’re down overall, or paying tax twice across different stages. This is where crypto tax in India feels messy. There’s still no crystal-clear rulebook, so many CAs take a conservative approach to avoid future notices. That’s why keeping proper records, noting dates and prices, and working with a CA matters a lot. ------------- ▶️ Why I paid late this year: Being honest here. A few things around crypto tax were not very clear. Even now, everything isn’t 100% clear. I tried to gather as much information as possible. Yes, this was avoidable with better planning. But it’s also understandable given how unclear crypto tax still feels in India. Because of the delay: - Interest was charged at 1% per month on unpaid tax (as per income tax rules) - Late filing fee of ₹5,000 was added for filing after the due date ------------- ▶️ A few things worth keeping in mind if you’re planning to pay crypto tax (India): Things that HELP: - Declare crypto sales properly - Pay advance tax if you trade often - Try to file on time - Make sure your ITR matches AIS and 26AS AIS and 26AS already show what banks and exchanges have reported to the government. If your return matches them, things stay clean and you usually don’t get notices. Things to AVOID: - Randomly showing crypto as business income - Trying to adjust crypto losses or expenses - Assuming small amounts don’t matter ------------- ✅ Final thoughts: A lot of people around us probably haven’t paid crypto tax yet. That doesn’t mean the data disappears. Exchanges already report transactions. Paying tax hurts short term, especially when rules aren’t very clear. But clean records, no mismatch, and peace of mind matter long term. Again, just sharing my experience. Not advice. Always best to consult a CA for your own case.
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Vishal Shinde
Vishal Shinde@Vishal_Fantasy·
@cryptonexxt What if you dont withdraw anything in your bank but you just do transfer from one wallet to another? Do they share this data to govt as well? Or only if you withdraw money then its shown in ais. One more thing what uf only adhar is linked not pan number?
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Crypto Next 🧗‍♀
Crypto Next 🧗‍♀@cryptonexxt·
🚨 CRYPTO TAX NOTICE – FULL CLARITY (READ ONCE CAREFULLY) How to check your Virtual Digital Asset (Crypto) transactions online Many people are receiving emails / notices from the Income Tax Department related to Virtual Digital Assets (Crypto). Here’s the real explanation 👇 🔹 Income Tax Dept receives crypto data under Section 194S (1% TDS) from exchanges/platforms 🔹 This data appears in your AIS (Annual Information Statement) 🔹 AIS shows GROSS transaction value (total sell value) — NOT actual profit or loss ⚠️ This is where most people make mistakes. Example: • You sold crypto worth ₹3,40,614 • Your actual profit may be ₹40,000 or even zero • AIS will still show ₹3,40,614 because TDS was deducted on that amount 👉 Income ≠ AIS amount 👉 Income = Profit after cost 📌 Where to check your crypto data: Income Tax Portal → Login with PAN → AIS → Select Financial Year → Scroll down → “Receipts from transfer of Virtual Digital Assets (u/s 194S)” 📌 Important legal point: Even if TDS is already deducted, you must: • Declare transactions in Schedule-VDA • Calculate profit correctly • Pay additional tax if applicable (30% + cess) This notice is not punishment. It is an opportunity to explain or correct via updated ITR (u/s 139(8A)). Crypto is taxable. Crypto is trackable. But crypto tax is manageable — if done correctly. #CryptoTax #VDA #IncomeTaxIndia #AIS #ITR #CryptoIndia #Web3India #TaxAwareness
Crypto Next 🧗‍♀ tweet mediaCrypto Next 🧗‍♀ tweet mediaCrypto Next 🧗‍♀ tweet media
Crypto Next 🧗‍♀@cryptonexxt

🚨 CRYPTO INCOME TAX NOTICE — READ CAREFULLY 🚨 One of my community members shared this official notice from the Income Tax Department (India). Issued under Section 133(6) of the Income Tax Act. Let’s break it down 👇 📌 What does the notice clearly say? The IT Department already has information that the person received: • ₹1,68,714 — Receipts from transfer of Virtual Digital Assets (Crypto) • ₹2,*8,064 — Winnings from online activities This data is linked to: ✔ PAN ✔ Assessment Year 2024–25 ✔ AIS (Annual Information Statement) Important point: 👉 The department is NOT asking whether you earned. 👉 They are asking you to explain it. That means they already KNOW. 📌 How did the govt get this crypto data? If you still believe “crypto is untraceable”, you’re lying to yourself. Data comes from: • Indian exchanges • KYC-linked platforms • Bank trails • AIS/TIS reporting • On-chain + off-chain matching Once PAN is involved, privacy is over. 📌 Why was this notice issued? Simple reasons: • Income received • ITR not properly disclosed or explained • Mismatch between reported income and available data Now the burden is on the taxpayer, not the department. 📌 Most dangerous myth people believe ❌ “I didn’t withdraw to bank” ❌ “I used DEX / foreign exchange” ❌ “Govt can’t track wallets” This notice kills all these excuses in one shot. If it’s reflected in AIS, you are already visible. 📌 What if someone ignores this notice? The notice clearly mentions: ⚠️ Penalty under Section 272A ⚠️ ₹500 per day till compliance Ignoring it doesn’t make it disappear. It only increases cost and trouble. ⚠️ Hard truth (no comfort talk) If you’re earning from crypto and: • Not maintaining records • Not understanding tax rules • Depending on Twitter gurus for tax advice #CryptoTax #IncomeTaxNotice #CryptoIndia #ITR #AIS #IndianCrypto #Web3India #TaxAlert

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Vishal Shinde
Vishal Shinde@Vishal_Fantasy·
@Harryhs06 Iske bare mai bhi bol bhai jara? Dream11 openly promotes aviator and gambling apps on its platform ... is it fine for you?
Vishal Shinde tweet mediaVishal Shinde tweet media
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Vishal Shinde
Vishal Shinde@Vishal_Fantasy·
@Harryhs06 Dream11 ed raid ke bare mai kuch bata logo ko? Abba bura man jayenge kya? Sabse bada money laundering scam is done by Dream11 as You can't even think of it as the amount is huge.
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xAI Stats
xAI Stats@xAIstats·
Download bstats football for free.
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Vishal Shinde
Vishal Shinde@Vishal_Fantasy·
@SigmaTips I got 120K lien because of Binance P2P transaction and it's big amount so we can't refund it. Will they removed lien if we don't refund the fraud amount?
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Narendra Modi
Narendra Modi@narendramodi·
અષાઢી બીજ એટલે કચ્છી નયેં વરેંજે અવસર તેં કચ્છમેં અને દેશ, દુનિયામેં વસધલ કચ્છી ભા, ભેણેં કે ધિલસેં વધાઇયું ડીયાંતો અને સુખ, શાંતિ, સમૃદ્ધિ અને આરોગ્ય હમેશાં જળવાઇ રે એડ઼ી શુભેચ્છાઉં ડીયાંતો.
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