Skip to content
OrbitaxOrbitax

Indian Income Tax Department Issues Guidance Notes on Crypto-Asset Reporting, FATCA, and CRS

|Approved Changes|India
India

The Indian Income Tax Department has issued a detailed Guidance Note on Crypto-Asset Reporting Obligations Under Section 509 of The Income Tax Act, 2025. This guidance note provides instructions and explanations to help Reporting Crypto-Asset Service Providers (RCASPs) comply with their due diligence and reporting obligations regarding crypto-asset transactions under Section 509 of India's Income-tax Act, 2025. It represents India's domestic implementation of the OECD's Crypto-Asset Reportin…

Continue reading with a Pro Subscription

Unlock full Orbitax Tax News content, including a historical database of tax news, alerts, and analysis from our network of tax experts, all tailored to your company footprint. Now includes Orbitax XatBot AI Tax Assistant.

Free trial available. Cancel anytime. Free Orbitax account required.

Already a Pro or Pro+ subscriber? Sign in to Orbitax to continue reading.