Accordingly, if transfer of crypto assets results in any kind of profit, it will attract income tax,” said Rashmi Deshpande, partner, Khaitan & Co, a law firm.
source https://www.google.com/url?rct=j&sa=t&url=https://economictimes.indiatimes.com/markets/stocks/news/investors-sell-crypto-assets-on-ban-tax-fears/articleshow/81178222.cms&ct=ga&cd=CAIyGjBkZWE0Yjc3NzNlM2I2MDQ6Y29tOmVuOlVT&usg=AFQjCNG2FEznEBNWl_UuUoqHI6Zv7ARzRg
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