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RE: Bitcoin In India: Now That The Government is Taxing Us, Shouldn't It Be Declared Legal Already?

in #bitcoin7 years ago

I think it is the concern of disclosed and undisclosed income. Those who didnt disclosed it in. ITR are facing the music.... If it wud be CBI raids then it was kind of illegal, if IT are raiding then the case is of undisclosed income...hope m correct....@firepower

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Yes that is correct but what's the point of RBI's warnings when the govt is allowing exchanges to operate. Matter of time till the pendulum swings either way and stops.