Post
Topic
Board India
Re: People pay your Taxes
by
polynesia
on 29/03/2017, 00:09:35 UTC
Arguments not in favor of tax:

According to my bank statements, I have submitted money in a company(exchange) as an investment. And only after I redeem my investment in my bank account will the profit be accountable.

What do you guys think? Any comments?

I think this argument is pretty weak. You have booked profits and the profits are in an exchange (equivalent of a mobile wallet). It is just that you have not transferred the money back into your bank account.