{"id":905455,"date":"2025-02-13T09:19:19","date_gmt":"2025-02-13T03:49:19","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=905455"},"modified":"2025-02-13T09:39:38","modified_gmt":"2025-02-13T04:09:38","slug":"crypto-too-now-under-i-t-search-rules","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/02\/13\/crypto-too-now-under-i-t-search-rules\/","title":{"rendered":"Crypto too now under I-T search rules"},"content":{"rendered":"<p>The definition of \u201cvirtual digital assets\u201d (VDAs) has been expanded in the new Income-Tax Bill. It will now include \u201cany crypto-asset\u201d it said, as these are digital representation of value that relies on a cryptographically secured distributed ledger. <\/p>\n<p>The definition of \u2018undisclosed income\u2019 for the purpose of search and seizure proceedings, has been widened to include VDAs. These changes were announced in the 2025 union budget.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The definition of \u201cvirtual digital assets\u201d (VDAs) has been expanded in the new Income-Tax Bill. It will now include \u201cany crypto-asset\u201d it said, as these are digital representation of value that relies on a cryptographically secured distributed ledger. The definition of \u2018undisclosed income\u2019 for the purpose of search and seizure proceedings, has been widened to include VDAs. These changes were announced in the 2025 union budget.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,4,12],"tags":[],"class_list":["post-905455","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/905455","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=905455"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/905455\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=905455"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=905455"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=905455"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}