Unaccounted income invested in cryptocurrencies on I-T radar CBDT is probing cases where taxpayers failed to report income from Virtual Digital Assets (VDAs) like cryptocurrencies. Emails have been sent to thousands asking them to review their ITRs for AY 2023–24 and 2024–25. Section 115BBH imposes 30% tax on VDA gains with no deduction or set-off of losses allowed. VDA TDS returns filed by exchanges are being cross-verified with ITRs for further scrutiny. #incometax #blackmoney #crypto #vda