Tax on income from virtual digital assets
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....Act, the income-tax payable shall be the aggregate of,- (a) the amount of income-tax calculated on the income from transfer of such virtual digital asset at the rate of thirty per cent.; and (b) the amount of income-tax with which the assessee would have been chargeable, had the total income of the assessee been reduced by the income referred to in clause (a). (2) Notwithstand....


TaxTMI