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India's First Crypto Billionaires - Honestly #8If bitcoins are considered �currency�, indirect tax implications should not arise. However, where bitcoins are considered assets, parties holding them may. As discussed in Section X, virtual currencies such as Bitcoin and. Ether can be characterised as goods or digital products. 1. Forthcoming India. Nishith Desai Associates (NDA) is a research based international law firm with offices in Mumbai, Bangalore, Silicon Valley, Singapore, New Delhi, Munich and.
