Bitcoin was the first cryptocurrency to hit the market in 2009. After that, several cryptocurrencies were launched including Bitcoin Cash, Ripple (XRP), Litecoin, etc. As per an estimate, more than 8,000 cryptocurrencies exist as of January 2022.

• Tags: Annual Information Statement (AIS), Bitcoin, capital asset, Higher tax rate, Loss should not be allowed to be set off against other income, Statement of Financial Transaction (SFT), TDS / TCS
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• Posted by: professionalusr