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Govt looking to add cryptocurrencies to tax law
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economictimes.indiatimes.comcryptocurrency. The government wants to capture cryptocurrency income and investments within and outside India, said people aware of the development. The government is considering amending Section 26A of the Income Tax Act and the Annual Information Regulation (AIR), which shows data on all investments made by a taxpayer and is often called a 'tax passbook'.
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View Details »«There is a recommendation to add the words cryptocurrency, crypto assets or digital currency in some parts of the Income Tax Act,» one of the persons said. «This would mean that those filing tax returns will have to specifically disclose their income from cryptocurrency investment or
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