Section 194 S: TDS on transfer of Virtual Digital Assets (VDA)

This article includes the following key pointers:

  1. What is a virtual digital asset?
  2. Taxation of income from transfer of VDA
  3. When to deduct TDS?
  4. What is the threshold limit for deduction of TDS?
  5. Special provisions in case of specified persons
  6. Special cases
  7. Process of TDS Deduction
  8. Examples of crypto transactions and TDS liability on the same

Read more at: https://taxguru.in/income-tax/section-194s-tds-transfer-virtual-digital-assets-vda.html