Post
Topic
Board India
Re: People pay your Taxes
by
Jwick83
on 21/06/2019, 09:13:39 UTC
Hi ,
as  i  have  noticed,  that  many  have  now  started actively purchasing  and  selling  Bitcoins  using  your  bank accounts. so now i will strongly  advise,  you  to  keep  records  of all  transactions  occurring  in  INR , weather  it is in  cash or online. These  are  necessary  when  you file  in your  returns next  year,and  the amount  you  pay  for tax. Remember  all  bank  transactions   will always  go through  the RBI  before   arriving  to the destination  account  so all  records  are  kept. and  Tax  envision is  a  serious  crime. So please  do  follow  the practice  of  proper  tax  payment.  

I  want all of  you  to  please  follow  the practice  of  paying  your  taxes and  following  the   Tax  laws  properly.  this  atleast, will  ensure  that  our  little  community  is  law  abiding  and  working  towards  the  progress  of a  free and  decentralized  community .





holycrap. all bank transactions do not go through RBI. RBI does not care. Government maintains database of high value transactions (>Rs10 lakh). Please do not spread false information.


#HailSatoshi

Can anyone confirm this?

I think only high value transaction matters.