Very important #JASMY update for those who dont want to miss it!

https://twitter.com/TehLamboX/status/1620393627334889473

FED Interest Rate Decision is at 19:00 (UTC) today.

no matter 25bsp or 50bsp the tone of Powell speech will create local volatility.

❗️TDS all Question & Answers ✅👇


Q1. I am trading on Indian exchanges, Should I deduct TDS?

- No. If trading on Indian exchanges all TDS compliance will be done by Indian exchanges.

The tax payer need not file any TDS forms.


Q2. I am doing P2P on Indian exchange, Should I deduct TDS?

- No. If trading on Indian exchanges all TDS compliance will be done by Indian exchanges.

The tax payer need not file any TDS forms.


Q3. I am doing P2P outside Indian exchanges (like Foreign exchanges or separately), Should I deduct TDS?

- Yes, you are required to deduct TDS and file TDS Forms.


Q4. I am doing trading on International exchanges or DEX (not P2P), Should I deduct TDS?

- Currently this is a grey area. There is no guidance from Income Tax Dept. on how TDS will work on DEX & Foreign exchanges.

Please consult your CA or Tax advisor to understand the risks.


Q5. How many TDS forms are there and which is applicable to Individuals?

- There are 2 TDS forms. 26Q & 26QE

A. Form 26Q is applicable if you have Business Income > 1 cr or Professional Income >50 L in FY 21-22.

If this forms applies to you, Please consult your CA for filing.
—B. Form 26QE is applicable if you
1. Don't have Business/Professional Income OR
2. You have business Income up to 1 cr or Professional Income >50L

This form is NOT yet available on Income tax portal for filing.

We will need to wait for clarity from ITD


Q6. What are the consequences of not deducting TDS?

- There are significant consequences like Penalties, Jail and also fines.

Please consult your CA or tax advisor before taking any decision :)
—-Update*

1. Penalty equal to TDS amount

2. Jail term is 3 months to 7 years and additional fine

tamilbtc.com

Current top 10 coins by LunarCrush Galaxy Score™:

1️⃣ $polk
2️⃣ $ham
3️⃣ $chng
4️⃣ $azero
5️⃣ $cult
6️⃣ $kas
7️⃣ $clv
8️⃣ $kiba
9️⃣ $oxy
🔟 $high

https://lnr.app/s/glp3de

Current top 10 coins by 1-week social mentions:

1️⃣ $btc
2️⃣ $eth
3️⃣ $bnb
4️⃣ $sol
5️⃣ $doge
6️⃣ $shib
7️⃣ $quack
8️⃣ $apt
9️⃣ $cake
🔟 $ada

https://lnr.app/s/0ZjNRy

🤩 #BitMart will support the deposit feature of $MARS on Feb 4th at 6 AM (UTC)!

🚀Follow our official announcement for more details!

👉See details:https://bitmart.tech

Trade on signup.asia/mexc

Educational Post:

Triple Bottom Reversal

The triple bottom reversal pattern has three roughly equal lows and indicates an opportunity to take a bullish position. Before the triple bottom occurs, the bears are usually in control of the market, forming a prolonged downtrend. The first bottom does not indicate anything out of the ordinary. Still, the second and third bottoms show a change in direction where buyers (bulls) may push the price action higher after the price breaks through the resistance.

As with other reversal patterns, there should be an existing trend – a current downward trend in this case. The three bottoms should be nearly equal in size and have sufficient space between them. There should be a clear indication of a drop in volume leading into the pattern and an increase in volume on the advance and at the resistance break. Finally, the price should break through the resistance level, which is at the highest point of the highs present between the bottoms.

bitmart.tech

ARPA/BTC
ARPA Network (ARPA) is a decentralized secure computation network built to improve the fairness, security, and privacy of blockchains.

Technically lying above strong support. RSI is in the oversold region. MACD is showing bullish momentum. It will pump hard from here. So now is the right time to build your position in it before breakout for massive profits😊

Targets: 209-275-335-400 satoshi

bitmart.tech

Buying #ARPA/BTC here ✌️

Lying above strong demand zone

MACD crossover is showing bullish momentum

It will pump hard from here 🚀

Targets are mentioned in the chart

ARPA power privacy-preserving AI is on the way🚀

So if you guys missed #MDT #ARPA is your second chance✌️

https://bitcoinist.com/arpa-and-alibaba-led-group-set-to-introduce-the-ieee-shared-machine-learning-standard/

#CELO big news ✌️