Crypto-asset reporting obligation requires prescribed entities to furnish transaction information and correct defects on notice. Prescribed reporting entities must submit statements of crypto-asset transactions to the prescribed income-tax authority in the specified form, manner and time. Defective statements may be called for rectification and treated as inaccurate if not corrected; late filers may be served notice to furnish statements. Filers discovering inaccuracies must notify the authority and provide corrected information. The Central Government may prescribe registration, information maintenance requirements and due diligence for identifying crypto-asset users or owners.