Income Tax Act Amendment: New Reporting Norms for Crypto-Assets Effective April 2026

Last updated: 04 February 2025 Follow on Google News

Obligation to furnish information in respect of crypto-asset Vide Finance Act 2022, taxation of virtual digital assets (VDA) has been introduced in theIncome-tax Act, 1961 (the Act), under section 115BBH of the Act in which the transfer of VDA is tobe taxed at the rate of 30% with no deduction in r

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CCI News Desk

Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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