Bitcoin taxation
Amazing Video's (1 Points)
21 October 2017Amazing Video's (1 Points)
21 October 2017
CA. Dashrath Maheshwari
(TaXpert)
(15090 Points)
Replied 03 November 2017
RBI has still not declared bitcoin as "currency". However, income generated by trading in bitcoin or any other cripto currency/virtual currency is taxable under income tax under normal business income.