Haha! If they are making crypto trading illegal from 6th July then why they are even thinking to impose GST on it. Government is confused af. :-D Different departments are not even in sync with each other. Still hoping that we are not doomed.
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Crypto is not illegal after 6th. Crypto is neither illegal nor legal and that status hasn't changed.
Okayy @firepower. So it's like that banks cannot support exchanges after that day, that's it?
I had one other doubt in my mind. How to showcase your earnings in ITR once your start using P2P exchanges to convert BTC to INR?
Yeah that's right.
For p2p, best to check with your auditor what is the suitable course of action for you.
Awesome.