TaxTMI 
TaxTMI 
Crypto Currency
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....rypto Currency<br> Query (Issue) Started By: - TN Rajendran Dated:- 4-4-2019 Last Reply Date:- 5-4-2019 Other Topics<br>Got 1 Reply<br>Indian Laws<br>Dear Experts, Is Crypto-Currency allowed in India....
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..... One person wants to sell his crypto-currency holdings and will be getting equivalent INR in Cheque/transfer to his bank account. Is this legally allowed? If allowed, how could that money be accounte....
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....d? Reply By Spudarjunan S: The Reply: Dear Sir, Earlier, RBI imposed ban on crypto currencies against which Internet and Mobile Association of India (IAMAI) had lodged a case in Supreme Court which....
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.... still heard. Indian Government had submitted to Supreme court that the drafting of crypto currency regulations are in last stage and requested 4 weeks time further, in the month of March. So this mon....
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....th we may get to know whether the crypto-currency transactions through banking channels are legal or not. Till the time the transactions are banned by RBI from July 2018. Kindly follow up the case sta....
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....tus to get the info.<br> Discussion Forum - Knowledge Sharing ....