Crypto gains taxed as long-term capital gains, 54F deduction allowed if held >36 months. https://www.taxtmi.com/highlights?id=84224 Gain on sale of crypto currency (bitcoin) prior to AY 2022-23 is chargeable to tax as capital gain. Deduction u/s 54F is allowed since assessee held crypto currency for more than 36 months. ITAT allowed the assessee's grounds - income on sale of crypto currency is taxable as long-term capital gain and deduction u/s 54F of the IT Act is applicable. en-us Mon, 23 Dec 2024 08:43:26 +0530 Mon, 23 Dec 2024 08:43:26 +0530 TaxTMI RSS Generator Crypto gains taxed as long-term capital gains, 54F deduction allowed if held >36 months. https://www.taxtmi.com/highlights?id=84224 Gain on sale of crypto currency (bitcoin) prior to AY 2022-23 is chargeable to tax as capital gain. Deduction u/s 54F is allowed since assessee held crypto currency for more than 36 months. ITAT allowed the assessee's grounds - income on sale of crypto currency is taxable as long-term capital gain and deduction u/s 54F of the IT Act is applicable. Highlights Income Tax Mon, 23 Dec 2024 08:43:26 +0530 https://www.taxtmi.com/highlights?id=84224