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Section 115BBH

Latest Articles


Pre-Budget 2025 expectations on Taxation of Virtual Digital Assets

Income Tax : Pre-Budget 2025: Addressing ambiguities in Virtual Digital Asset taxation, including cost of acquisition, loss set-off, gift valua...

January 23, 2025 618 Views 0 comment Print

Bitcoin ETFs in India: Tax Implications and Strategic Analysis

Income Tax : This article aims to unravel the complexities surrounding the taxability of Bitcoin ETF gains, examining sections of the Indian In...

January 12, 2024 4077 Views 0 comment Print

Understanding Tax Treatment of Non-Fungible Tokens (NFTs) in India

Income Tax : Unveil complexities of Indian Income Tax Act's provisions like Section 115BBH and 2(47A) concerning Non-Fungible Tokens (NFTs). Le...

September 10, 2023 2775 Views 0 comment Print

Virtual digital assets and complex world of tax compliance

Income Tax : Explore the intricate world of tax compliance in the realm of virtual digital assets (VDA). Delve into the provisions of section 1...

January 8, 2023 9720 Views 1 comment Print

TDS on VDA (Virtual Digital Assets)

Income Tax : Navigate the realm of TDS on Virtual Digital Assets (VDA) with insights into section 194S introduced in the Finance Act, 2022. Lea...

January 5, 2023 18780 Views 1 comment Print


Latest News


Regulation & Taxation of Cryptocurrencies: Government’s Approach

Finance : Learn about the Indian Government's approach to regulating and taxing cryptocurrencies issued by private agencies. Explore the cur...

August 11, 2023 996 Views 0 comment Print

Current legal status of cryptocurrency in India

Income Tax : Finance Bill, 2022 (the Bill) has proposed to insert section 115BBH to the Income-tax Act,1961 (the Act) to provide for taxation o...

March 22, 2022 9348 Views 1 comment Print


Latest Judiciary


No addition for cash deposit of demonetized notes for which Sales already been offered for taxation

Income Tax : Appeal by Anantpur Kalpana against CIT(A) order on demonetized notes. Cash deposits treated as unexplained credits. Learn about do...

March 27, 2022 6336 Views 0 comment Print


Latest Posts in Section 115BBH

Pre-Budget 2025 expectations on Taxation of Virtual Digital Assets

January 23, 2025 618 Views 0 comment Print

Pre-Budget 2025: Addressing ambiguities in Virtual Digital Asset taxation, including cost of acquisition, loss set-off, gift valuation, and situs for non-residents.

Bitcoin ETFs in India: Tax Implications and Strategic Analysis

January 12, 2024 4077 Views 0 comment Print

This article aims to unravel the complexities surrounding the taxability of Bitcoin ETF gains, examining sections of the Indian Income Tax Act and analyzing the potential impact of regulatory changes and Securities and Exchange Board of India (SEBI) approval.

Understanding Tax Treatment of Non-Fungible Tokens (NFTs) in India

September 10, 2023 2775 Views 0 comment Print

Unveil complexities of Indian Income Tax Act’s provisions like Section 115BBH and 2(47A) concerning Non-Fungible Tokens (NFTs). Learn about TDS implications and more.

Regulation & Taxation of Cryptocurrencies: Government’s Approach

August 11, 2023 996 Views 0 comment Print

Learn about the Indian Government’s approach to regulating and taxing cryptocurrencies issued by private agencies. Explore the current status of cryptocurrency regulation, taxation of Virtual Digital Assets (VDAs), international collaboration, and potential collaboration with state governments.

Virtual digital assets and complex world of tax compliance

January 8, 2023 9720 Views 1 comment Print

Explore the intricate world of tax compliance in the realm of virtual digital assets (VDA). Delve into the provisions of section 115BBH introduced by the Finance Act 2022, covering aspects like taxable income, deduction limitations, and non-transferability of losses. Navigate through the taxation landscape of Airdrops, Gas Fees, and Initial Coin Offerings (ICOs), unraveling the complexities and potential tax implications.

TDS on VDA (Virtual Digital Assets)

January 5, 2023 18780 Views 1 comment Print

Navigate the realm of TDS on Virtual Digital Assets (VDA) with insights into section 194S introduced in the Finance Act, 2022. Learn about applicable thresholds, tax deduction nuances, and the recent introduction of section 115BBH. Stay compliant and informed in the dynamic landscape of digital asset transactions.

No addition for cash deposit of demonetized notes for which Sales already been offered for taxation

March 27, 2022 6336 Views 0 comment Print

Appeal by Anantpur Kalpana against CIT(A) order on demonetized notes. Cash deposits treated as unexplained credits. Learn about double taxation issues

Current legal status of cryptocurrency in India

March 22, 2022 9348 Views 1 comment Print

Finance Bill, 2022 (the Bill) has proposed to insert section 115BBH to the Income-tax Act,1961 (the Act) to provide for taxation of income from transfer of virtual digital assets (VDA).

Taxability of Virtual Digital Asset – Section 115BBH

February 11, 2022 19572 Views 0 comment Print

Articles explains the definition of virtual digital asset u/s 2(47A) , the taxability  of virtual digital asset u/s 115BBH, the TDS provision u/s 194S and the proposed amendment u/s 56(2)(X) of the Act. Meaning of Virtual Digital Asset Finance Bill, 2022 has proposed to inset a new clause (47A) to section 2 of income tax […]

Taxation of Virtual digital asset – a new paradigm in digital tax asking for further clarity

February 4, 2022 9822 Views 0 comment Print

The Indian Government has been thoroughly focussing on digitalisation as part of it’s India governance. Be it the Digital India programme and integration of ministries on digital platforms or mandating data localisation in India, the Government does not seem to be leaving any stone unturned to embrace technological developments and innovations to the fullest. The […]

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