https://www.taxtmi.com/highlights?id=104843 Disclosure of Bitcoin trading sales, purchases, opening and closing stock, and net income under business profits was sufficient for reassessment purposes. Where the income-tax return contains no distinct head for cryptocurrency income, failure to report transactions under a separate head does not establish a failure to make full and true disclosure. The alleged non-disclosure was contradicted by the return, reply, and reconciliation statement; consequently, the reassessment notice and order were quashed and the writ petition succeeded. en-us Mon, 12 Oct 2026 04:18:33 +0530 Mon, 12 Oct 2026 04:18:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=104843 Disclosure of Bitcoin trading sales, purchases, opening and closing stock, and net income under business profits was sufficient for reassessment purposes. Where the income-tax return contains no distinct head for cryptocurrency income, failure to report transactions under a separate head does not establish a failure to make full and true disclosure. The alleged non-disclosure was contradicted by the return, reply, and reconciliation statement; consequently, the reassessment notice and order were quashed and the writ petition succeeded. Highlights Income Tax Mon, 12 Oct 2026 04:18:33 +0530 https://www.taxtmi.com/highlights?id=104843