Taxation of Virtual Digital Assets

Taxation of Virtual Digital Assets is an authoritative and practical guide addressing one of the most dynamic areas of modern tax law. With the introduction of specific provisions for virtual digital assets under Indian tax legislation, professionals and investors face significant compliance and interpretational challenges. This book provides clarity by explaining the legal framework governing taxation of cryptocurrencies, NFTs, and other digital assets. It covers income tax treatment of VDAs, including tax rates, computation of income, set-off restrictions, TDS provisions, reporting requirements, and penalties for non-compliance. The book also examines GST implications, valuation issues, cross-border transactions, and regulatory concerns. Practical illustrations and interpretational guidance help readers apply the law to real-world transactions. Designed for professionals and informed readers, this book bridges the gap between emerging technology and tax law. It is an essential reference for staying compliant in the rapidly evolving digital asset ecosystem.