This video is the fourth part of the Virtual Digital Assets Taxation series. In this video we have covered the TDS provisions on transfer of cryptocurrency, NFT, DeFi etc. We have discussed the rate at which tax is to be deducted; by whom it is to be deducted and at what time. We have covered the latest circular issued by CBDT no. 13 and 14 of 2022, wherein guidelines have been given for removing difficulties in implementing the new provision of TDS
We have discussed the situation when exchange like wazirx, CoinDCX would be liable for deducting the TDS. With this part we have covered the series of Taxation of VDA.
Kindly find below the link to previous videos of Virtual digital assets.
Part-1: Everything about Virtual Digital Asset. What, Why, Legal, Tax
[ Ссылка ]
Part-2: Taxation of Virtual Digital Assets
[ Ссылка ]
Part-3: Virtual digital Assets - Set off and carry forward of losses
[ Ссылка ]
Link to CBDT circular:
Circular no. 13 of 2022:
[ Ссылка ]
Circular no. 14 of 2022
[ Ссылка ]
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