Crypto you earn rather than buy, staking rewards, mining output, airdrops, gets taxed twice: once when you receive it, and again when you sell it. Missing that first stage is the most common mistake we see.
When you receive mined, staked, or airdropped tokens, the INR value on the date of receipt counts as income right then, taxed at your regular slab rate under “Income from Other Sources,” not the 30% VDA rate. That same value then becomes your cost of acquisition for the tokens. When you later sell, swap, or spend them, the gain, sale price minus that receipt value, gets taxed again, this time at the flat 30% rate under Section 115BBH. Two taxable events from one asset, at two different rates, is the part that catches people out.
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We plan every statutory audit around your AGM and ROC deadlines, so Form AOC-4 and MGT-7 are always filed on time. Our team works to a clear schedule and keeps you updated at each stage, so you never miss a statutory due date.
You get a thorough, Standards-compliant audit at transparent, competitive fees with no surprises. Because we deliver statutory audit, tax audit and ROC filing together, you save on duplicated effort and overall cost.
Our experienced team of Chartered Accountants, Company Secretaries and consultants handles the full compliance chain under one roof — statutory audit, tax audit, GST audit, internal financial controls and annual ROC filings — so everything stays coordinated and consistent.
AVS & Associates is a peer-reviewed CA firm founded by CA Vishnu Agrawal, with 25+ years of experience and five partners. We maintain the highest ethical and professional standards on every engagement, with complete client confidentiality.