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Taxability of bitcoin

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Querist : Anonymous

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Querist : Anonymous (Querist)
27 November 2017 Since bitcoin is yet to be regulated in India. How a person should pay tax on profit he makes from transferring bitcoin in bitcoin exchanges such as zebpay?
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C.A. Mayur J. Raiyani

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C.A. Mayur J. Raiyani (Expert)
28 November 2017 till any pronouncement by ITD about bitcoin or such other crypto currencies, we can resort to residual head of schedule STCG/LTCG in ITR.

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