Income Tax Department of India secretly training to investigate Cryptocurrency

Denial11

Denial11

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Dec 10, 2019
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Income Tax Department of India secretly training to investigate Cryptocurrency

The Income Tax Department of India is providing secret training to its officials related to investigate cryptocurrency. The department shared an internal guidebook that describes cryptocurrencies and its characteristics along with the dark side of Bitcoin etc.

Till now the government of India hasn’t considered cryptocurrencies as legal tender but it has not been declared illegal as well. Crypto investors in India are still confused about showing their crypto investments in the annual income tax returns.

 
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