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 ?
Prathamesh Raul (B.Com) (23 Points)
04 November 2021If 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 ?
CA. Sourav Sarkar
(Chartered Accountant )
(24578 Points)
Replied 07 November 2021
Prathamesh Raul
(B.Com)
(23 Points)
Replied 10 November 2021
What if these are not bought or investments but earnings in cryptocurrency?
anil jain
(Partner)
(1067 Points)
Replied 10 November 2021
if regular transactions then it is business income. otherwise it is cap gain.
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