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![TheWeb3CA Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1398581626112671745.png) CA Sonu Jain (Crypto Tax Expert) [@TheWeb3CA](/creator/twitter/TheWeb3CA) on x 11.2K followers
Created: 2025-07-24 12:51:44 UTC

3️⃣ Ministry of Finance: Crypto, Kya Crypto? Yeh toh Drugs hai.

Loss-off set: ❌ Not Allowed

💡 Reason: Can you allow expense deduction for sale of drugs❓
🇮🇳 taxes Income. Taxation ≠ Legality.

🧑‍🏫 Meaning: High Crypto Tax + NO Investor protection from GoI 🇮🇳

4/6


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**Related Topics**
[investment](/topic/investment)
[drugs](/topic/drugs)
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[kya](/topic/kya)
[finance](/topic/finance)
[tax bracket](/topic/tax-bracket)
[crypto taxes](/topic/crypto-taxes)

[Post Link](https://x.com/TheWeb3CA/status/1948365481590849725)