Aditya Bhattachrya Shares Insights on Crypto Tax Compliance in Moneycontrol

Aditya Bhattachrya was recently quoted in a Moneycontrol article titled “CBDT identifies undisclosed virtual digital assets worth Rs 889 crore; Here’s how to report earnings from crypto in ITR.”

In the article, Aditya emphasised the increasing importance of transparency in reporting Virtual Digital Assets (VDAs), stating: “Proactive and accurate reporting of VDAs not only ensures compliance with Section 115BBH but also protects taxpayers from penalties as regulatory scrutiny around VDAs continues to increase.”

His insights highlight the growing need for robust compliance practices as tax authorities intensify their focus on virtual digital asset transactions.

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