Crypto Trader Receives ₹88 Lakh Tax Notice Despite Reporting Loss, ITAT Quashes Proceedings
Key Highlights A Massive Tax Notice Over a Loss-Making Crypto Trade A cryptocurrency trader from Lucknow found himself at the center of a major tax dispute after receiving an Income Tax notice worth ₹88.55 lakh despite claiming that his actual investment in Bitcoin trading was only ₹9.63 lakh. The trader maintained that he had not…