October 22, 2026
Business

Bitcoin investor faces ₹88.55 lakh tax addition despite ₹3.34 lakh loss; how an ITAT ruling helped the investor(Soban News)

A Bitcoin investor who reported a ₹3.34 lakh loss faced an ₹88.55 lakh tax addition over the source of funds. ITAT quashed the reassessment after the tax officer ignored his reply and failed to provide the minimum response time required by law.

​A Bitcoin investor who reported a ₹3.34 lakh loss faced an ₹88.55 lakh tax addition over the source of funds. ITAT quashed the reassessment after the tax officer ignored his reply and failed to provide the minimum response time required by law. by Soban News (international And National News)

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