TMI BlogGain on sale of crypto currency (bitcoin) prior to AY 2022-23 is chargeable to tax as capital gain....Gain on sale of crypto currency (bitcoin) prior to AY 2022-23 is chargeable to tax as capital gain. Deduction u/s 54F is allowed since assessee held crypto currency for more than 36 months. ITAT allowed the assessee's grounds - income on sale of crypto currency is taxable as long-term capital gain and deduction u/s 54F of the IT Act is applicable. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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