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Coinpedia 2025-06-14 12:50:25

Crypto Tax India Crackdown: CBDT Sends Notices to Thousands for Undeclared Income

The post Crypto Tax India Crackdown: CBDT Sends Notices to Thousands for Undeclared Income appeared first on Coinpedia Fintech News India’s Central Board of Direct Taxes (CBDT) has initiated a large-scale investigation into individuals and entities who failed to report income from Virtual Digital Assets (VDAs), including cryptocurrencies. What Happened? The CBDT has identified widespread non-compliance related to crypto income and has sent notices via email, asking recipients to update their Income Tax Returns (ITRs). …

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