Quote from: sathyamg on October 05, 2018, 05:03:38 AM

Has Any one filed IT based on the Income from BTC?? I don't think so.. I feel GOI doesn't even have a mechanism to figure out the transactions of BTC with Banking system. So i seriously don't feel that people will go ahead and do it. Please throw some light on how any Govt can track it?

Primary Way Would be via Centralized Exchange : Binance, Coinbase, FTX [Do you think these exchanges give a shit about our privacy once government comes knocking their door? absolutely not] One you have done KYC on Any Exchange Every Transaction you did in past and every transaction you do in future can be traced back to you.

Other ways they can easily track you is if
- You have Deposited money to CEX via IMPS.
- Frequently Used Trading App via 3G/4G or Broadband
- Done SMS verification using mobile number that is registered on your name.

Probably many other ways these are just some examples.