Menu
Bitcoin taxation
Now a days, trading in bitcoin is common thing. But somebody plz explain how the income earned by way of trading of bitcoins willl be taxed under the income tax act..
Replies (1)
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.
Recent Topics :
- Will my TDS be deducted as NRI?
- PENSION ARREAR RECEIVED - EPS 95 SCHEME
- Processing of Form 144 (prev 27Q)
- Capital Gain on sale of Vacant Land- Whether Demol
- Hello dear I want help .
- Category B/D pop up after the file is e verified
- Section 56(2)(x)(xi) applicability to compensation
- How to claim exempt income u/s 10(26) in ITR-1 of
- 63053900 tax rate
- Clubbing of deceased's income
Related Topics :
CAclubindia
