Guys i want to know the legality of starting an ICO in India. I have a plan to launch an ICO and i am studying the legal aspects of it. I noticed that Last month bitindia launched an ICO. My doubt is after starting an ICO, if income tax department enquire about the source of income, what will I say? How will i show them the source of income?
Till date there is nothing official announcement on legality of bitcoin in India . May be there will be some news in early 2018 but still not sure. And for starting an ICO till date there is nothing to worry about until you are using ZEBPAY as it will take your identity proofs and bank details for transactions. Other than that there is nothing to worry about as there is nothing government can do in this matter. 
Topic: Is it legal to start ICO in india? - page 2. (Read 629 times)
Guys i want to know the legality of starting an ICO in India. I have a plan to launch an ICO and i am studying the legal aspects of it. I noticed that Last month bitindia launched an ICO. My doubt is after starting an ICO, if income tax department enquire about the source of income, what will I say? How will i show them the source of income?
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