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information, there were a large number of non- filers who had sold bitcoin. Similarly, the assessee had also sold Bitcoin amounting ... clear that the assessee had not disclosed the Capital gains arising from Bitcoin sale of 1,40,96,785/- for taxation purpose. Accordingly, assessment proceedings

received through the Insight Portal indicating that the assessee had carried out Bitcoin transactions amounting to Rs.25,16,707/-. Since the assessee failed