Bitcoin Forum
May 03, 2024, 09:20:23 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: I-T Department asking for Following details (Source Unknown)  (Read 96 times)
newinbtc (OP)
Legendary
*
Offline Offline

Activity: 1190
Merit: 1001


View Profile
December 22, 2017, 05:48:53 PM
 #1

This photo source is unknown


the point is they are asking for investment of people of bitcoin and other altcoins from period 1-1-2016 to 31-12-2016
Everyone know bitcoin price rose from last year

yes bitcoin profit is taxable in india , read cleartax story - https://cleartax.in/s/bitcoins-taxes-india


For eg, if his taxable income exceeds Rs 10 lakh, he would be liable to a tax @ 30% as against the flat rate of tax of 20% he would be liable to pay, if charged to tax under long-term capital gains. The benefit of indexation as would be available if taxed under capital gains , would also not be available if taxed under Income from other sources.
1714771223
Hero Member
*
Offline Offline

Posts: 1714771223

View Profile Personal Message (Offline)

Ignore
1714771223
Reply with quote  #2

1714771223
Report to moderator
1714771223
Hero Member
*
Offline Offline

Posts: 1714771223

View Profile Personal Message (Offline)

Ignore
1714771223
Reply with quote  #2

1714771223
Report to moderator
The forum was founded in 2009 by Satoshi and Sirius. It replaced a SourceForge forum.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
btcblockchain
Newbie
*
Offline Offline

Activity: 252
Merit: 0


View Profile
December 25, 2017, 09:08:57 AM
 #2

One more Article on Bitcoin Taxation http://www.moneycontrol.com/news/business/markets/worried-about-tax-on-bitcoin-heres-a-closer-look-at-cryptocurrency-taxation-outside-india-2467251.html
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!