$CT
Cooling DownSnapshot Window: 2026-07-10 18:40 UTC · ← Back to Crypto Overview
Social Momentum Summary
Total Engagement - Comments: 48, Retweets: 2, Likes: 53, Impressions: 495
Verbatim Community Citations & Social Evidence 2 source posts analyzed
Success. S/O @CULTxrplCTO
![[caption-failed: minimax unavailable]](https://api.cryptitalk.com/reddit-image/ecd751e4ddbf63fc6b5011675bc240742fb42f301de9f164057b800978ea15b1.jpg)
AI visual note: [caption-failed: minimax unavailable]
Common mistakes people make while filing crypto/VDA taxes in India (and how to avoid them) With the ITR filing season in full swing, we're seeing the same handful of mistakes come up again and again in crypto tax filings. Sharing them here in case it saves someone a notice or a revised return later. 1. Netting off losses across VDAs: You can't set off a loss on one crypto asset against a gain on another. Each VDA transaction is taxed individually at 30% on gains; losses can't offset gains, even within the same token or financial year, and definitely can't be carried forward. 2. Deducting expenses beyond the cost of acquisition No deductions are allowed for transfer fees, gas fees, or platform charges. The only thing you can subtract from the sale value is the cost of acquisition. Nothing else, no matter how directly related to the trade.