I have a question. Say if I buy 10 litecoin worth 40k INR from a local exchange via my Rupee funding account,transfer them to an international exchange like Bittrex ,trade them in alts and earn a 50 ℅ profit over a period of time and decide to transfer the 15 LTC to my Indian exchange to sell for cash,the amount credited to my linked bank account will be taxable under what header? If any Income Tax Act ,1961 and relevant provisions expert may guide a layman and beginner in the cryptocurrencies world. I would be grateful. Is Cryptocurrencies a commodity or Forex or other business activity ,how do I fill it up in my Income Tax Return Form No 1.