A person is buying and selling crypto currency. Under what head income will be taxable? Capital gain or speculation? What will be the tax rate? In case of individual and company.
1 Replies
Kapadia Pravin
(17259 Points)
Replied 09 February 2021
It will be a speculation income. Tax rate will be applicable slab rates. However Government will soon ban crytocurrency . Bill shall be tabled in parliament soon.
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