Disclaimer
Tax rules are based on Indian Finance Act 2022. Consult a CA for complex scenarios involving airdrops, staking rewards, or DeFi income.
Conclusion
You made a profit of ₹1,49,500. Under Indian tax laws, this attracts a flat 30% tax plus 4% cess, bringing your total tax liability to ₹46,644. After accounting for the 1% TDS already deducted (₹2,500), your net proceeds from this sale will be ₹2,03,356.
Tax Payable
₹46,644
Capital Gain/Loss
+₹1,49,500
Net Proceeds
₹2,03,356