Income tax rules for assessment after search cases to apply to crypto income for up to 6 previous assessment years from February 1, 2025

Now assessment for search cases can be undertaken by the Income Tax Department for undisclosed virtual digital asset (VDA) for up to six assessment years preceding the year in which search was conducted. Our Partner Kunal Savani shares his views on this in an article published by The Economic Times. (Photo Credit: The Economic Times)