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India Flags Crypto Risks For Tax Enforcement

India’s Income Tax Department warned that crypto transfers, offshore activity and DeFi tools pose challenges for crypto taxation.

Financial authorities in India have reiterated concerns over cryptocurrency transactions, warning they could complicate tax enforcement.
India’s Income Tax Department (ITD), under the Central Board of Direct Taxes (CBDT), flagged major risks linked t… [2210 chars]

Source: Cointelegraph | Published: 2026-01-08T08:40:37Z

Credit: Cointelegraph

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