Bitcoin treatment
Sujit Bajaj (to become ca) (97 Points)
23 April 2018
under which head Bitcoin will be taxable??
3 Replies
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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