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Notices to be set for the traders of Bitcoin by IT

Shortpedia

Content Team

Income Tax Department will issue a notice for individuals who were indulged in the trading of the exchange of currency of Bitcoin. As told by the official sources, approximately 4 to 5 lakh of the people out of the 20 lakh entities who registered were trading this currency and were operational. Now, the traders and the investors have to pay capital gains tax on the Bitcoins investments.