on October 19, 2026 at 8:37 pm Bitcoin investor faces ₹88.55 lakh tax addition despite ₹3.34 lakh loss; how an ITAT ruling helped the investor​

A Bitcoin investor who reported a ₹3.34 lakh loss faced an ₹88.55 lakh tax addition over the source of funds. ITAT quashed the reassessment after the tax officer ignored his reply and failed to provide the minimum response time required by law.