Budget 2026: Will tax provisions ease for crypto assets?
Losses from VDAs cannot be set off — not against other income, nor even against gains from another crypto asset. The Central Board of Direct Taxes (CBDT) has raised fresh concerns about the risks posed by virtual digital assets (VDAs) such as cryptocurrencies, aligning its stance with that of the Reserve Bank of India (RBI)….
ITR filing FY 2024-25: Has due date for Income Tax Returns been extended beyond September 16? What taxpayers should know
Filing an ITR beyond the designated deadline is classified as a belated return, which can be submitted through December 31, 2025. (AI image) ITR filing FY 2024-25 due date: ITR filing FY 2024-25 due date: There is no intimation as of 12:00 AM, September 17, 2025 from the Income Tax Department on extension of ITR…
