--- title: "Aditya Bhattachrya Shares Insights on Evolving Tax Compliance for Crypto and Offshore Transactions" date: 2026-09-25 author: "King Stubb & Kasiva" url: https://ksandk.com/news/crypto-tax-compliance-offshore-transactions/ --- # Aditya Bhattachrya Shares Insights on Evolving Tax Compliance for Crypto and Offshore Transactions Posted On - 25 September, 2026 • By - King Stubb & Kasiva ![](https://ksandk.com/wp-content/uploads/crypto-tax-compliance-offshore-transactions.jpg) Aditya Bhattachrya was quoted in Mint in its article, “RBI’s Tata Sons listing push may be a lifeline for SP Group – if it comes in time.” Commenting on the evolving tax and reporting framework for digital asset transactions, Aditya noted that industry concerns regarding the 30% tax on virtual digital asset (VDA) income and 1% TDS remain unchanged. However, he highlighted that the compliance framework around such transactions is becoming significantly more stringent. ![](https://ksandk.com/wp-content/uploads/crypto-tax-compliance-offshore-transactions.jpg) Aditya pointed to increased reporting obligations for exchanges, including potential penalties for non-compliance, as well as India’s planned participation in the Crypto-Asset Reporting Framework (CARF). He noted that these developments are expected to provide tax authorities with greater visibility into offshore wallets and foreign crypto-asset transactions. He further observed that the existing tax structure can have a significant impact on individuals who engage in frequent trading, particularly when combined with the expanding reporting and compliance requirements. Read the full article here: [https://www.livemint.com/companies/rbi-tata-sons-ipo-listing-impact-on-shapoorji-pallonji-group-debt-11789296937772.html](https://www.livemint.com/companies/rbi-tata-sons-ipo-listing-impact-on-shapoorji-pallonji-group-debt-11789296937772.html)  *Last Updated on 25 September, 2026* Get King Stubb & Kasiva’s legal updates in your Google feed[![Add King Stubb & Kasiva as a preferred source on Google](https://ksandk.com/wp-content/uploads/google_preferred_source_badge_light_en@2x.png)](https://www.google.com/preferences/source?q=https://ksandk.com/) --- ## Office Locations - [New Delhi](https://ksandk.com/locations/top-corporate-law-firm-in-delhi/) (HQ): +91-11-41318190 | info@ksandk.com - [Mumbai](https://ksandk.com/locations/top-corporate-law-firm-in-mumbai/): 3 offices (Nariman Point, Lower Parel, Andheri) | mumbai@ksandk.com - [Bangalore](https://ksandk.com/locations/top-corporate-law-firm-in-bangalore/): bangalore@ksandk.com - [Chennai](https://ksandk.com/locations/chennai/): chennai@ksandk.com - [Hyderabad](https://ksandk.com/locations/hyderabad/): hyderabad@ksandk.com - [Pune](https://ksandk.com/locations/pune/): pune@ksandk.com - [Kochi](https://ksandk.com/locations/kochi/): kochi@ksandk.com ## Contact - [Contact Page](https://ksandk.com/contact-us/) - General: info@ksandk.com | +91-11-41318190 - WhatsApp: +91-7428567444 - [Privacy Statement](https://ksandk.com/privacy-statement/) - [Terms of Use](https://ksandk.com/terms-of-use/)