Bitcoin held as stock-in-trade

I have Bitcoin income from trading activity. Is it taxable? If yes, how??

Hey @Rakesh_Sharma

There is ambiguity on how to tax cryptocurrency since the Govt doesn’t consider Cryptocurrency as a legal tender. There are 2 schools of thought that discuss can be taxed under Income from Other Sources or Capital gains.

To understand more about the taxability of Bitcoin, please refer to this article.