Those who have earned from #Bitcoin , would have to give tax The head of Central Board of Direct Taxes (CBDT) told PTI that the Department came to know of cases where Bitcoin investors did not pay advance tax on gains from their investment, or did not. BTCNN-April 26, 2019 0. "Those who have earned from Bitcoins would have to give tax. Central Board of Direct Taxes (CBDT) Chairman Sushil Chandra on Tuesday clarified that money earned from bitcoins would be applicable for taxation. Latest news. CBDT head says gains from investments in cryptocurrencies such as Bitcoin are taxable In December, the income tax department issued few lakh notices to those who had invested in virtual currencies. Stay informed on bitcoin atm machine locations new CoinFlip ATM locations near you..Their source of income would also be what is bitcoin in hindi asked and if they don't pay tax, action will be taken against cbdt bitcoin them". Cointelegraph-December 8, 2020 0.
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News. Read more Bitcoin investments under I-T dept's radar; CBDT sends out notices, says profits from cbdt bitcoin crypto currency trading taxable Finance Minister Arun Jaitley said in his Budget speech earlier this month that all crypto currencies, which include bitcoins, are illegal. Report: India Contemplates Complete Ban of Cryptocurrencies.