Virtual digital asset tax reporting by exchange requires quarterly disclosure of transactions, tax deposited, and non-deduction details. Quarterly statement to be furnished by an exchange for reporting tax deposited in relation to transfer of virtual digital assets, together with particulars of the exchange and transaction-wise disclosure of buyers or brokers, virtual digital assets transferred, tax amount deposited, challan particulars and payment details. The form also requires reporting of transactions on which tax was not deducted, including broker particulars, tax deduction and collection account number, name of the VDA, date of transaction, value and quantity of VDA, and total consideration paid or credited.