Is it legal to avoid India’s 30% crypto tax by purchasing in India and selling through a relative in a zero-tax country, then transferring funds back without tax liability?
hey guys, i’m really curious about this topic. so, you’re talking about buying crypto in india and then having a relative in a no-tax country sell it… honestly sounds like trying to work around regulatory rules which feels a bit dicey. i wonder how serious the legal consequences might be if the authorities catch wind of such a move? i haven’t seen any official statements that directly address this kind of situation, but it seems like a device that might be viewed unfavorably, especially if it’s perceived as tax evasion rather than legal tax planning. has anyone come across any concrete legal advice on this? maybe someone with deeper knowledge on international tax laws can shed more light. let’s discuss further!