Is TDS applicable if I transact less than ₹10,000 in a financial year?
Updated
According to Income Tax rules, if your total transactions (both buying and selling) on all exchanges amount to less than ₹10,000, TDS (Tax Deducted at Source) might not apply. However, it's essential to understand that these limits apply to all your trades across different exchanges.
Starting from July 1, 2022, CoinDCX will need to deduct TDS from your first applicable transaction. Please note that this decision is made because CoinDCX may not have information about trades you make on other platforms.
