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CBDT Cracks Down on Crypto Tax Evasion: Thousands Flagged for Undisclosed VDA Income

India’s tax authorities are zeroing in on cryptocurrency tax evaders in a major enforcement drive led by the Central Board of Direct Taxes (CBDT). As part of an intensified compliance campaign, the CBDT has flagged thousands of individuals and entities who failed to declare their income from Virtual Digital Assets (VDAs) for the assessment years 2023–24 and 2024–25. Many skipped Schedule VDA in their income tax returns or incorrectly applied

Finance & Economics

14 Jun 2025 00:25 AM 812 views

CBDT Cracks Down on Crypto Tax Evasion: Thousands Flagged for Undisclosed VDA Income

India’s tax authorities are zeroing in on cryptocurrency tax evaders in a major enforcement drive led by the Central Board of Direct Taxes (CBDT). As part of an intensified compliance campaign, the CBDT has flagged thousands of individuals and entities who failed to declare their income from Virtual Digital Assets (VDAs) for the assessment years 2023–24 and 2024–25. Many skipped Schedule VDA in their income tax returns or incorrectly applied

Finance & Economics

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#taxevasionalert

CBDT Cracks Down on Crypto Tax Evasion: Thousands Flagged for Undisclosed VDA Income

CBDT Cracks Down on Crypto Tax Evasion: Thousands Flagged for Undisclosed VDA Income

DC parks department supports college students with new scholarship program

Best places to see tulips in the Netherlands this spring

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DC parks department supports college students with new scholarship program

Best places to see tulips in the Netherlands this spring

Virat Kohli's Emotional Father's Day Tribute to Late Dad

Sebi's New Algo Trading Rules: Enhancing Investor Protection and Market Transparency

Rising rents in West Valley push young public servants out of local government roles

Frisco construction worker dies after water line rupture traps him in trench box

Vande Mataram Now Mandatory at Official Events: What Government's New Guidelines Say

Stock Market Decline: Smart Investment Strategies for Stocks and Mutual Funds During Market Volatility

Afghanistan Women's Cricket Team to Play Historic Exhibition Match in Melbourne

Burger King launches spooky Monster Menu with Halloween-themed treats and toys

#taxevasionalert

CBDT Cracks Down on Crypto Tax Evasion: Thousands Flagged for Undisclosed VDA Income

CBDT Cracks Down on Crypto Tax Evasion: Thousands Flagged for Undisclosed VDA Income

DC parks department supports college students with new scholarship program

Best places to see tulips in the Netherlands this spring

Virat Kohli's Emotional Father's Day Tribute to Late Dad

Sebi's New Algo Trading Rules: Enhancing Investor Protection and Market Transparency

Rising rents in West Valley push young public servants out of local government roles

Frisco construction worker dies after water line rupture traps him in trench box

Vande Mataram Now Mandatory at Official Events: What Government's New Guidelines Say

Stock Market Decline: Smart Investment Strategies for Stocks and Mutual Funds During Market Volatility

Afghanistan Women's Cricket Team to Play Historic Exhibition Match in Melbourne

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