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15 Crores Transferred to Savings Bank Account

Tax queries 414 views 4 replies

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 ?

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.


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