Case Law Details
Case Name : Raunaq Prakash Jain Vs ITO (ITAT Jodhpur)
Appeal Number : I.T.A. No. 01/Jodh/2024
Date of Judgement/Order : 28/11/2024
Related Assessment Year : 2021-22
Courts :
All ITAT ITAT Jodhpur
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Raunaq Prakash Jain Vs ITO (ITAT Jodhpur)
In the case of Raunaq Prakash Jain vs. ITO, the ITAT Jodhpur addressed the taxation of cryptocurrency gains for the assessment year 2021-22. The appellant, Raunaq Prakash Jain, had reported gains from Bitcoin sales as long-term capital gains (LTCG) and claimed deductions under Section 5
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