The interest in cryptocurrencies has been on the rise among Indians in recent years, but the lack of clarity in regulations and aggressive taxation has made investing in cryptocurrencies or Virtual ...

In a peer-to-peer transaction, the buyer will be required to deduct tax under section 194S of the Income Tax Act, the CBDT said TDS will be calculated on the price of the VDA without the goods and ...

The tax is being introduced through a new section 194S in the Income-tax Act, 1961 The exchange will have to deduct the tax when the same is an intermediary Tax deduction under 194Q of the Act would ...

As the filing of Income Tax Returns (ITR) for the financial year 2024-25 picks up speed, a significant number of taxpayers, including salaried employees, gig workers, and small business owners, are ...