The 06 August 2026 tax deposit and Form 127 upload requirement was removed, and new 14 August 2026 obligations were added: filing Form 137 without a challan, a stock‑exchange Form 1 statement, and issuing TDS certificates on Form 131 instead of Form 133.
Before
Offices had to deposit tax deducted for July 2026 on 06 August 2026 and upload buyer declarations in Form 127 on the same day.
After
Offices must now file Form 137 on 14 August 2026 when TDS/TCS is paid without a challan, stock exchanges must submit a Form 1 statement for July 2026, and TDS certificates must be issued on Form 131.
Source: Ministry of Finance — VDA Tax Rules (30% / 1% TDS)
View original source →What this means for you
Centralized Exchange
Worth knowingWhy this matters
As a centralized exchange that matches trades and manages a legal entity, the company may function as a stock exchange or be subject to TDS/TCS tax withholding obligations. The change requires updating tax filing forms and certificate issuance processes to remain compliant with tax reporting laws.
What to do
Update internal tax reporting workflows to use Form 131 for TDS certificates and prepare for the Form 137 and Form 1 statement filings.
Deadline: Aug 14, 2026
DeFi Protocol
Doesn't applyWhy this matters
The regulatory change concerns tax deposits, TDS/TCS filings, and the issuance of certificates by 'offices' and 'stock exchanges'. As a fully decentralized protocol with no operator, owner, or controlling party, there is no legal entity to act as a tax withholding agent or file these forms.
Custodian
Doesn't applyWhy this matters
The regulatory change specifically targets tax deposit forms, TDS/TCS filings, and stock-exchange statements. The company profile defines the entity as a custodian that is not a trading venue or stock exchange, and there is no indication it handles the specific tax filings mentioned.