Harun Raaj & AssociatesHarun Raaj & Associates
📍Visakhapatnam, Andhra Pradesh

VDA & Crypto TDS Compliance — Section 194S in Visakhapatnam

Expert compliance for Section 194S TDS at 1% on Virtual Digital Asset transfers as per Finance Act 2022.

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VDA & Crypto TDS Compliance — Section 194S in Visakhapatnam — Local Context

Digital-asset activity can arise alongside conventional income for Visakhapatnam founders, IT/ITES professionals, NRI-linked businesses, and firms at Rushikonda IT Park. Section 194S requires transaction records, counterparties, consideration tracking, and reconciliation with books and tax statements.

Regulatory Office

Income Tax Commissionerate, Visakhapatnam

Handles direct-tax compliance and TDS matters for taxpayers reporting virtual digital asset transactions.

Typical Visakhapatnam Scenarios

  • A Rushikonda IT Park founder reconciles VDA sales, broker statements, and bank credits for filing.
  • An NRI diaspora member reviews Indian-source digital-asset income and remittances.
  • An IT/ITES firm checks Section 194S processes where digital assets form part of contractor settlement.

Who We Serve in Visakhapatnam

Rushikonda IT ParkSTPI VisakhapatnamNRI diaspora (US/Gulf/UK Telugu community)VSEZ

Why Harun Raaj & Associates in Visakhapatnam

We are an ICAI-registered CA firm (Membership No. 238303) based in Visakhapatnam. Every output — certificate, return, or advisory — is reviewed and signed by a CA and carries a UDIN for authenticity. We handle the full regulatory workflow so your team doesn't have to — from document collection through filing or certification.
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