Bitcoin profits even before VDA rules to be treated as capital gains
The New Indian Express Vijayawada|December 17, 2024
IN a first of its kind legal dispute over taxation of bitcoins, the Jodhpur Income Tax Appellate Tribunal (ITAT) has ruled that gains for sale of bitcoins even before the introduction of virtual digital asset (VDA) regime in 2020 should be treated as capital gains for the purpose of taxation.
ENS ECONOMIC BUREAU @ New Delhi

The ITAT order says that even though Bitcoin is intangible, it qualifies as a capital asset since it grants ownership rights and can be bought, sold, or transferred.

Diese Geschichte stammt aus der December 17, 2024-Ausgabe von The New Indian Express Vijayawada.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

Diese Geschichte stammt aus der December 17, 2024-Ausgabe von The New Indian Express Vijayawada.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

WEITERE ARTIKEL AUS THE NEW INDIAN EXPRESS VIJAYAWADAAlle anzeigen
The New Indian Express Vijayawada

I Know How to Play Real Characters

Jennifer Lopez speaks to Katie Ellis on how Unstoppable made her realise that she can overcome anything in life

time-read
3 Minuten  |
December 22, 2024
The New Indian Express Vijayawada

Of Our Non-violent Ancestors

Pattanaik provides a comprehensive insight into the mysterious world of the Harappan civilisation

time-read
1 min  |
December 22, 2024
The New Indian Express Vijayawada

The Corrosive Power of Pride

Pride fosters a sense of superiority that harms relationships, distorts the mind, and impedes personal and spiritual growth

time-read
1 min  |
December 22, 2024
The New Indian Express Vijayawada

Market on the Sands

The Rathgama Wella Fish Market

time-read
2 Minuten  |
December 22, 2024
The New Indian Express Vijayawada

Market on the Sands

The Rathgama Wella Fish Market

time-read
1 min  |
December 22, 2024
The New Indian Express Vijayawada

Stop Inane and Diversionary Debates, and Focus on What Really Matters

Acute Angle

time-read
4 Minuten  |
December 22, 2024
The New Indian Express Vijayawada

Stepping Across the Worry Lines

The Raghu Dixit Project launches a new album Shakkar as a vernacular statement about India and diversity

time-read
3 Minuten  |
December 22, 2024
The New Indian Express Vijayawada

Every Woman's Brushstrokes

A beautiful blue and pink-hued sky surrounded by lush greenery. Within this is a tree with specks of orange and yellow, besides which is a bed where a woman is sleeping her flowing tresses falling into the foliage.

time-read
1 min  |
December 22, 2024
The New Indian Express Vijayawada

Untangled Threads He Weaves

An embroiderer who grew up poor is a celebrity in demand with collectors and artists

time-read
2 Minuten  |
December 22, 2024
The New Indian Express Vijayawada

Untangled Threads He Weaves

An embroiderer who grew up poor is a celebrity in demand with collectors and artists

time-read
1 min  |
December 22, 2024