Crypto gains in 2025? Don’t file ITR without reading these new rules
The Union Budget 2025 introduced Schedule VDA, a new section in the ITR forms exclusively for reporting crypto and NFT-related income. Every individual or business dealing in VDAs must now report details of their transactions, including date, quantity, sale value, and acquisition cost, within this section. Consolidated reporting may be permitted in some cases, but accurate breakdowns are advised.
