CBDT Sources reveal major action against unaccounted income invested in Virtual Digital Assets (VDAs) like cryptocurrencies. 📉 Tax evasion by high-risk individuals under scanner! 📌 Key Highlights: 🧾 ITRs under verification – focus on discrepancies & omissions. ⚠️ Many individuals skipping Schedule VDA or paying lower tax rates intentionally. 📬 Thousands of defaulting taxpayers have received CBDT e-mails asking to review & correct filings. 💡 Reminder: As per Finance Act, 2022, 💸 Flat 30% tax (plus surcharge & cess) applies on VDA transfer income – no deductions allowed!