Taxes on crypto?

Hey,

If I buy crypto and sell within the same year, what kind tax will be applicable at what rate or is there no tax?

@Latesh_Bayad, there are two schools of thought for taxes on crypto, some believe it should be taxed as capital gains and others believe it should be considered as income from other sources.

If the cryptocurrency is held as an Investment and being exchanged for Fiat Money it may be treated as capital gains.
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