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  • Form No. 142 - Quarterly statement of tax deposited in relation to transfer of virtual digital asset
  • Shweta Verma
  • img March 25, 2026

Form No. 142 - Quarterly statement of tax deposited in relation to transfer of virtual digital asset

Form No. 142 is PAN based quarterly form, prescribed under Rule 217 (2) and (3) for furnishing a quarterly statement filed by Virtual Digital Asset (VDA) Exchanges that  Facilitate buying and selling of VDAs (e.g., crypto exchanges), and  Have agreed to deposit tax on behalf of buyers or brokers under section 393(1) [Table: Sl. No. 8(vi)]. This form must be filed electronically on the Income-tax e-Filing portal.

https://www.incometaxindia.gov.in/documents/d/guest/form-142-faqs

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Shweta Verma

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