Judgement

ITAT deletes an addition holding bitcoin loss cannot be treated as an unexplained investment under Section 69.

ITAT Holds Loss Cannot Be Treated as Unexplained Income

Tribunal accepts crypto transaction explanation, deletes addition and penalty considering assessee’s bona fide conduct

ITAT Deletes Addition on Bitcoin Bank Deposits, Grants Relief to Student

News

By 2017, the company moved the payouts from Bitcoin to its own cryptocurrency called MCAP to hide its losses since it was struggling financially.

CBI Arrests Co-Founder of Darwin Labs for Role in Rs 20,000 Crore GainBitcoin Scam

The case is related to the GainBitcoin Ponzi scheme, run by Variabletech Pte. Ltd., which promised investors huge returns on cryptocurrency investments.

CBI Arrests Key Accused Involved in Multi-Thousand-Crore Gainbitcoin Cryptocurrency Scam

Articles

Ethereum is no longer just a tech buzzword; it’s a practical subject for tomorrow’s finance professionals

Ethereum Fundamentals for Finance Students through Understanding Blockchain Beyond Bitcoin

As per the investigation agency, Kundra intentionally tried to hide the important evidence, including the Bitcoin wallet address.

ED Files Chargesheet Against Raj Kundra in Rs 150 Crore Bitcoin Scam

One Stop Solution For CA CS CWA Direct Indirect Tax GST Business News

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