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Introducing the βIn Favour Ofβ filter in Case Laws.
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<h1>Income Tax Act Amendment: Section 158B Now Includes Virtual Digital Assets Alongside Money, Bullion, and Jewellery</h1> Section 158B of the Income-tax Act is amended in clause (b) to include 'virtual digital asset' after the words 'money, bullion, jewellery' in both instances where these terms appear. This amendment is retroactively effective from February 1, 2025. The change expands the scope of assets covered under this section to include digital assets alongside traditional valuable items.