Advocate PM Mishra, Additional Director, Finlaw Consultancy Advocate P M Mishra, Additional Director, Finlaw Consultancy discusses about the probable tax liability on Crypto Currencies in India ANI | Updated: Dec 11, 2020 16:27 IST New Delhi [India], December 11: (ANI/SRV Media): If you are an Indian, the hard truth is that you're dealing with one of the most comprehensive tax systems in the world by default. But now, if you use crypto at all, it's twice as complicated. If you have engaged in any of the following activities, you have few additional considerations to include in your annual accounting like: Traded crypto in an exchange, earned crypto from mining, received crypto as a gift or inheritance, used a foreign crypto exchange, invested in or issued an ICO or STO or IEO, running your own exchange or having your own token or coin, registered company abroad and running your Crypto business.