TDS on Virtual Digital Asset transfers triggers when aggregate annual consideration exceeds prescribed limits, higher threshold for specified persons. TDS on Virtual Digital Assets is deductible when the aggregate consideration payable by a person in a financial year exceeds prescribed thresholds: the standard threshold is ten thousand rupees and a higher threshold applies where the consideration is payable by a specified person (fifty thousand rupees).
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
TDS on Virtual Digital Asset transfers triggers when aggregate annual consideration exceeds prescribed limits, higher threshold for specified persons.
TDS on Virtual Digital Assets is deductible when the aggregate consideration payable by a person in a financial year exceeds prescribed thresholds: the standard threshold is ten thousand rupees and a higher threshold applies where the consideration is payable by a specified person (fifty thousand rupees).
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