Quarterly statement of TDS - virtual digital asset (VDA) - Income-tax (20th Amendment) Rules, 2022 - Amends Rule 31A and inserts Form 26QE

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....the Income-tax (20th Amendment) Rules, 2022. (2) They shall come into force from 1st day of July, 2022. 2. In the Income-tax Rules, 1962 (hereinafter referred to as the principal rules), in rule 31A, -- (i) after sub-rule (1), the following shall be inserted, namely:- "Provided that where the ^1[Exchange] has, in accordance with the guidelines issued under sub-section (6) of section 194S, agreed to pay tax in relation to a transaction of transfer of a virtual digital asset, owned by it as an alternative to tax required to be deducted by the buyer of such asset under section 194S, the Exchange shall deliver or cause to be delivered, a quarterly statement of such transactions in Form No. 26QF to the Principal Director ....

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....bsp;                            : 2.  Address of the Exchange                                             : 3.  PAN                                                                    &nbs....

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....                       3.                          (B) Details of transactions on which tax was not deducted in accordance with the guidelines ^6[issued] under sub-section (6) of section 194S S. No. Name of broker Address of broker PAN of broker TAN of broker Date of transaction Value of VDA bought by buyer No. of VDA bought by buyer Total consideration paid/ credited         ....