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TDS on Virtual Digital Assets under 194S by GAURAV MORE is a document available to read on EtoBox.

What is TDS on Virtual Digital Assets under 194S about?

This document discusses the tax deduction at source (TDS) on the transfer of virtual digital assets under Section 194S of the Income Tax Act for the Assessment Year 2024/25. It outlines the definitions, compliance requirements, and tax implications associated with virtual digital assets, including the responsibilities of both deductors and deductees. Additionally, it provides guidance on the applicability of TDS, exemptions, and the reporting process for transactions involving these assets.

Author

GAURAV MORE

Language

EN