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Bitcoins or cryptocurrencies are new buzzwords both for investors and tax authorities. While investors are fascinated by an exponential increase in its valuation over the past few years and find it as an alternative investment vehicle for multiplying their investments, profits from investments made in Bitcoins have attracted the attention of tax authorities in India.

 

Chirag Nangia and Shailesh Kumar, Director contributed an article on Are you investing in Bitcoins? Get ready for multiple tax implications for Financial Express.

Bitcoins