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Bitcoin treatment

Sujit Bajaj (to become ca) (97 Points)

23 April 2018

under which head Bitcoin will be taxable??

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Sana Sultana Mussu (Student) (5119 Points)
Replied 24 April 2018

Income from other sources .🤔🤔

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Upendra Neduri (164 Points)
Replied 24 April 2018

Capital gains

Arpit Singh Chaudhary (Bussiness) (229 Points)
Replied 24 April 2018

if Bitcoin is held as stock in trade, it will be taxed u/h PGBP. But if held as an investment, it will be deemed as a capital asset and will be taxed as capital gain without the benefit of indexation but with the benefit of slab rate.

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