If 15 Crores have been transferred to my bank account over 2 months period of time, what is my tax liability. This is not business income, this is P2P trading in CryptoCurrency ?
Menu
15 Crores Transferred to Savings Bank Account
Replies (4)
Capital Gain Tax is attracted.
Capital gains will arise
What if these are not bought or investments but earnings in cryptocurrency?
if regular transactions then it is business income. otherwise it is cap gain.
Recent Topic
- Issue with ITR2 online utility for HUF
- TDS deducted by EPFO under wrong section
- Schedule SI in ITR-2
- What is the easy way to do CA- through foundation
- Schedule FA query for this AY 2026-27
- Business income source for husband and wife
- Set off of LTCL against STCG under section 536(2n)
- Audit Workflow tool
- Is CA through direct entry easy for a commerce stu
- Dividend and withholding tax - DTAA- RSU
Related Topics
CAclubindia
