Post
Topic
Board Press
Re: [2017-12-15] India to Tax Bitcoin Profits?
by
muddafudda
on 15/12/2017, 14:21:44 UTC
The IR Department of India collects user data from various Bitcoin brokerages
India's Income Tax Department has visited crypto-currency brokers across the country seeking to identify users. The operation is being carried out for suspicions of tax evasion carried out by clients of these brokerages. The agency visited nine digital currency brokers in several cities, including Delhi, Pune, Bengaluru, Hyderabad and Kochi. According to tax officials, surveys were conducted to collect the identities of investors in digital currency, their transactions, used bank accounts, emails and other data.