Profit on bitcoin
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
15 December 2017
Please explain taxability on income from bitcoin.
18 December 2017
If held as investment then under the head of capital gain;
If held for trading/ income from short term price changes and transactions are of the nature so as to consider it as a business, then PGBP income.
If held for trading/ income from short term price changes and transactions are of the nature so as to consider it as a business, then PGBP income.
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