Profit from bitcoin investment - proceeds into nre accounts
This query is : Resolved
08 December 2017
Please advise legality/tax implications, if any, if the bitcoin sale proceeds are received into aNon-Resident bank Account by a person residing out of India.
Best
Best
09 December 2017
Being non resident the sale proceeds can be legally received in NRE bank account and not taxable in India.
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