币界网报道：India's Income Tax Department has intensified scrutiny on undisclosed cryptocurrency income, conducting searches across multiple states including Maharashtra, Gujarat, and Punjab. Authorities seized ₹135 crore ($16.2 million) in unaccounted crypto assets during recent raids targeting high-net-worth individuals and entities suspected of tax evasion. The crackdown follows the government's 2022 decision to impose a 30% tax on crypto gains and 1% TDS on transactions. Tax officials report discovering sophisticated methods to conceal crypto holdings, including layered transactions through shell companies and offshore exchanges. The department warns taxpayers to voluntarily disclose crypto earnings before audits, noting penalties could reach 300% of evaded taxes. This enforcement aligns with global efforts to regulate digital assets while ensuring tax compliance.