Crypto investments under scanner: CBDT launches a probe in non -accepted income; Investors with a high risk in VDA can be confronted with control – Times of India

The Central Board of Direct Taxes (CBDT) has launched a probe to possible tax evasion and the money laundering of non-accepted income through investments in virtual digital assets (VDAs), including risky VDA transactions and cryptocurrencies, sources in the government said on Thursday.The Tax and Customs Administration currently verifies individuals and entities involved in risky VDA […]