Law, Procedure & Taxation of Virtual Digital Asset (Cryptocurrencies)

Description Get the latest “Law, Procedure & Taxation of Virtual Digital Asset (Cryptocurrencies)” (2025 Edition) by Ram Dutt Sharma, published by Commercial Law Publishers. A 296-page comprehensive guide on legal and tax aspects of virtual digital assets. Flat 25% discount for a limited time with free shipping. ISBN: 9789356038905. Order now! CHAPTER 1: Introduction 1 CHAPTER 2: Key Developments around the World 8 CHAPTER 3: India’s Journey of Cryptocurrency – From Barter to Bitcoin 15 CHAPTER 4: Laws Governing Virtual Digital Assets 23 CHAPTER 5: What is Virtual Digital Assets 35 CHAPTER 6: “Virtual Digital Asset” means [Section 2(47A)]. 42 CHAPTER 7: Types of Virtual Digital Asset 46 CHAPTER 8: Types of Cryptocurrency 50 CHAPTER 9: How Does Cryptocurrency Work? 55 CHAPTER 10: Before Investing in a Cryptocurrency 57 CHAPTER 11: Blockchain Technology 59 CHAPTER 12: Distributed Ledger Technology 67 CHAPTER 13: Centralized Ledger 72 CHAPTER 14: Decentralized Ledger 75 CHAPTER 15: Non-Fungible Token (NFT) 78 CHAPTER 16: Proof of Work vs Proof of Stake 86 CHAPTER 17: Mining of Cryptocurrency 95 CHAPTER 18: Cryptocurrency Wallet 99 CHAPTER 19: Cryptojacking 104 CHAPTER 20: How to Buy Cryptocurrency 107 CHAPTER 21: How to Sale Cryptocurrency 112 CHAPTER 22: Taxation Position of Virtual Digital Asset in India prior to 01.04.2022 116 CHAPTER 23: Head of Income under which Virtual Digital Assets Taxable 118 CHAPTER 24: Taxation of Crypto Airdrops 122 CHAPTER 25: Taxability of Virtual Digital Assets received as Gifts in the hands of recipient [Section 56(2)(x)] 125 CHAPTER 26: Determination of Fair Market Value of Virtual Digital Assets 129 CHAPTER 27: Taxation of Non-Fungible Token (NFT) [Clause (a) of the Explanation to section 2(47A)]. 130 CHAPTER 28: Tax on Income from Virtual Digital Assets [Section 115BBH] 137 CHAPTER 29: Treatment for Loss from transfer of Virtual Digital Assets [Section 115BBH(2)(b)] 141 CHAPTER 30: What is ‘Transfer’ in relation to Virtual Digital Asset [Section 115BBH(3)] 145 CHAPTER 31: Computation of Income from Transfer from Virtual Digital Assets 147 CHAPTER 32: Taxability of Creation of Cryptocurrencies from an International Perspective 152 CHAPTER 33: TDS on Payment of transfer of Virtual Digital Asset (Cryptocurrencies) [Section 194-S] 162 CHAPTER 34: Obligation to Furnish Information on Transaction of Crypto-Asset [Section 285BAA] 192 CHAPTER 35: Reporting gains from crypto/NFTs and other Virtual Digital Assets in Income Tax Return 195 CHAPTER 36: Disclosure of Crypto Assets in Schedule of Assets and Liabilities 200 CHAPTER 37: Goods & Services Tax (GST) on Virtual Digital Assets 204 CHAPTER 38: Virtual Digital Assets (‘VDAs’) come under the ambit of Prevention of Money Laundering Act, 2002 (PMLA) 207 CHAPTER 39: Applicability of Foreign Exchange Laws of India for Trading in Virtual Currencies 219 CHAPTER 40: Virtual Digital Assets (VDA)/ Crypto-Assets Questionnaire 222 CHAPTER 41: Cryptocurrency : Legal or Illegal 224 CHAPTER 42: Case Laws on Virtual Digital Assets/Cryptocurrency 264 CHAPTER 43: Frequently Used : Important Terms 269 CHAPTER 44: Frequently Asked Questions (FAQs) 279