Indian Crypto Traders warned: 44,000 missed tax filing alert sent – Bits

The Post Indian Crypto Traders warns: 44,000 missed tax filing Erts sent first on CoinPedia Finth

The Income Tax Department of India has sent 44,057 emails and messages to Crypto traders, who have thwarted their cryptocurrency trades in recent tax returns. It is part of a major perfection initiative after identifying several cases of unattractive cryptocurrency income by outreach data tools. Officials have warned Urdu recipients to immediately update their tax filing that the disclosure of Crypto may lead to investigation, punishment or prosecution. The campaign emphasizes increasing focus on taxing digital assets in India.

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