Praveen J & Associates
Income Tax · Special Income (Crypto / NRI / Foreign)

Special Income ITR — Crypto, NRI, Foreign Income & Lottery

Crypto, foreign salary, NRI status ya lottery income hai?

Special income types ke unique tax rules hote hain — Schedule VDA, Schedule FA, DTAA relief, residential status determination. Hum specialists hain.

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Common Problems Taxpayers Face

Sound familiar? You're not alone.

Crypto P&L exchange-wise alag, consolidation tough

NRI ya RNOR status determine nahi hota

Foreign salary mein DTAA relief miss

Schedule FA mein foreign holdings disclose nahi kiye

Lottery / online gaming winnings TDS 30% — refund chahiye

Special income ka tax treatment

  • VDA / Crypto: flat 30% + 1% TDS u/s 194S, no loss set-off
  • Lottery / online gaming: flat 30% u/s 115BB / 115BBJ
  • NRI: only India-source income taxable
  • Foreign assets: Schedule FA disclosure mandatory (resident)
  • Agriculture income: exempt but used for rate purpose
Note: Non-disclosure of foreign assets attracts Black Money Act penalties — ₹10 lakh per year.

Who Should Use This Service?

Crypto / NFT / VDA investors & traders

NRIs with India income (rent, capital gain, interest)

ROR with foreign salary / ESOP / dividends

Lottery / KBC / Dream11 winners

Farmers with substantial agricultural income

Benefits

  • DTAA relief claim — avoid double tax
  • FTC (Form 67) filing for foreign tax credit
  • Schedule FA & FSI properly disclosed
  • TDS refund on lottery / gaming
  • Residential status report for clarity

Important Points

  • Crypto loss can't be set off against any income
  • Form 67 must be filed BEFORE ITR to claim FTC
  • NRI: ₹2.5L basic exemption applicable, slab same
  • Foreign bank a/c, MF, shares — all in Schedule FA
  • Agricultural income > ₹5,000 = ITR-2 / ITR-3 only

Our Process

Simple, transparent, expert-led.

1

Residential status determination

2

Income source mapping (India / foreign / VDA)

3

DTAA & FTC working (if applicable)

4

Schedule VDA / FA / FSI preparation

5

ITR-2 / ITR-3 filing + e-verification

Documents Required

We'll guide you step-by-step on documentation.

Crypto exchange P&L (all exchanges)
Foreign salary slips, W-2 / equivalent
Foreign bank statements & investment reports
Passport & travel dates (for residency)
TDS certificate (winnings, NRO interest)

Trusted by Individuals & Businesses

4.8/5 on Google
"Filed my ITR in two days — accurate and stress-free."
"Got my refund quickly. Excellent CA guidance."
"Tax notice resolved smoothly. Highly recommended."

Frequently Asked Questions

Nahi. VDA loss kisi bhi head se set-off nahi ho sakta — na same year mein, na carry forward. Sirf gains 30% par taxed honge, expense (acquisition cost) ke alawa kuch deduct nahi hota.

Ready to file with confidence?

Expert CA filing, accurate computation, full compliance — talk to us today.

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