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The post Indian Crypto Trader Hit With ₹88 Lakh Tax Notice appeared first on Coinpedia Fintech News A crypto trader from Lucknow reportedly received an ₹88 lakh tax notice despite investing only ₹9.6 lakh and declaring a ₹3.3 lakh loss from Bitcoin trading. The issue was not his final profit or loss, but the total […]
The post Indian Crypto Trader Hit With ₹88 Lakh Tax Notice appeared first on Coinpedia Fintech News
A crypto trader from Lucknow reportedly received an ₹88 lakh tax notice despite investing only ₹9.6 lakh and declaring a ₹3.3 lakh loss from Bitcoin trading. The issue was not his final profit or loss, but the total transaction volume, which crossed ₹80 lakh through repeated crypto swaps, wallet transfers, and exchange activity. India’s tax …
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