Tax FAQ's
There is no explicit ban on holding/trading/investing/dealing in cryptocurrencies.
Sun, 24 May, 2020 at 5:53 PM
Absolutely. It is essential to declare such income in the Income Tax returns and pay tax accordingly. While investing or trading in cryptocurrencies is not...
Sun, 24 May, 2020 at 5:54 PM
It depends upon the nature of the activity undertaken with cryptocurrencies. The rate of tax would differ for investors vis-à-vis traders, miners, or blockc...
Sun, 24 May, 2020 at 5:56 PM
The Indian Income Tax Department can obtain information on persons/entities holding cryptocurrencies from Armoney via going to https://armoney.com and click...
Sun, 24 May, 2020 at 6:00 PM
Yes. In case you are an Indian Resident, all assets held outside India are required to be disclosed in the Income Tax return. Further, any income earned fr...
Sun, 24 May, 2020 at 6:01 PM