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Forex trading

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Querist : Anonymous

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Querist : Anonymous (Querist)
11 June 2015 Is income from Forex Trading (using online international website) is legal in India. Can I use this amount earned form this as income for filing the Income Tax Return.
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
11 June 2015 whether it is legal or illegal is a separate issue. Though it is illegal as such.

Nevertheless, you can still offer illegal income to taxation in India..

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