invested money in bitcoins through zebpay

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sanndhya (Querist)
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09 November 2017 hi.. my brother had invested 2 lakh rupees in bitcoins through zebpay which he took it from my father. he dont have any income source.. now the zebpay is asking his last 3 years income tax returns attested by a qualified ca to withdraw that money.. how to handle this? please assist me with this

Amol S Joglekar

Amol S Joglekar (Expert)
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09 November 2017 ask him to file the income tax return...(NIL income though)

sanndhya

sanndhya (Querist)
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09 November 2017 k.. thank you

Amol S Joglekar

Amol S Joglekar (Expert)
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09 November 2017 you are most welcome.....

sanndhya

sanndhya (Querist)
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10 November 2017 hi.. Iam unable to file the return for ay 2015-16.. could you please help me with this

Amol S Joglekar

Amol S Joglekar (Expert)
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11 November 2017 2015-16 is now time barred. Just file the returns which are accepted on the site......2016-17 and 2017-18
for bitcoin people.......you can write them the fact that since the income is below taxable. i did not file the returns.

sanndhya

sanndhya (Querist)
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11 November 2017 k.. thankyou

Amol S Joglekar

Amol S Joglekar (Expert)
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12 November 2017 you are most welcome......

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