Question ID :
41041
TAXATATION OF CRYPTOCURRENCY IN CASE OF F&O
Dear Members,
I have a query regarding Trading of Future & Options in Cryptocurrency. As of now, no law or directions/ Circulars/ Notifications are issued by CBDT so in this case how we can treat the trading of F&O for taxation purpose and how we can determine the turnover for tax audit. Whether the same method of share F&O (derivatives) has been used for calculation of tax or some different method?
Request you to all, please share your valuable knowledge in this regard.
Regards
CA Neha Gupta
posted by
CA Neha Gupta
on
May 13 2021 12:00AM