Post
Topic
Board India
Re: People pay your Taxes - 2.0
by
hamaravijay
on 16/05/2020, 19:07:13 UTC

You said

" But I strongly suggest you all to not spend Bitcoins directly for buying expensive assets like house and cars. Since status of Bitcoin is still not clear, you may land in big trouble if Income Tax Department tracks your transaction, it may be considered as money laundering. So always withdraw amount to bank first, pay tax if applicable and then spend on whatever you like."


I have invested in bitcoins through bank balance and next i will sell via and transfer money to bank and i will pay tax and i will buy house.... right?


You mean we can't directly buy house with bitcoin? if it is right please edit your article with more detail.

Thanks!