July 30, 2026

ITAT Chandigarh held that Bitcoin referral commission qualifies for presumptive taxation under Section 44ADA. Treating the income as service income, it directed the AO to compute taxable income at 50% of gross receipts, partly allowing the assessee’s appeal.

#ffffff; ">
#661d1d; background-color:#ffeded; border-radius:3px; border-color:#ff4949;max-width:540px;">
Your subscription could not be saved. Please try again.
#085229; background-color:#e7faf0; border-radius:3px; border-color:#13ce66;max-width:540px;">
Your subscription is Confirmed. Welcome on Board !
#fdfcfc; border-style:solid; direction:ltr">
#3C4858; background-color:transparent; text-align:left">

Subscribe To Our Newsletter

#3C4858; background-color:transparent; text-align:left">

Subscribe to our Newsletter and Stay Updated. Join 25,000+ Readers and growing community ... 

Micropost 1 of 1