VDA Transfer TDS — Form 141 Schedule D

Income-tax Act, 2025, Section 393(1) — Form 141, Schedule D (Virtual Digital Asset Transfer TDS):
With effect from 1 April 2026, TDS on consideration paid for transfer of a Virtual Digital Asset (VDA) — previously reported under Section 194S of the Income-tax Act, 1961 via Form 26QE (the PAN-based, non-TAN reporting route analogous to Forms 26QB/26QC/26QD) — is consolidated into Form 141, Schedule D, filed within 30 days from the end of the month of deduction, under the same unified challan-cum-statement framework that also covers property, rent, and contractor/professional-payment TDS (Schedules B, A, and C respectively).
The underlying VDA-TDS rate and threshold framework under Section 194S (1% TDS on consideration for transfer of a VDA, subject to threshold exemptions for specified persons) continues to govern the rate of deduction; Form 141/Schedule D changes only the reporting form and consolidated filing mechanism from 1 April 2026 onward, not the substantive rate.

We help buyers or deductors review applicability, compute withholding and file Form 141 Schedule D under Section 393(1) [Table Sl. No. 8(vi)] for covered VDA transfers. This is a niche compliance service for crypto/VDA transactions where PAN-based TDS reporting applies.