Crypto / VDA · FY 2026-27
Flat 30% on every gain, no set-off.
Section 115BBH · FIFO method · 1% TDS u/s 194S
India taxes all crypto gains at a flat 30% with no deductions. And losses from one coin cannot offset gains from another. Most crypto investors don't realise they also owe 1% TDS on every sell transaction. Enter your trades below or upload your exchange statement. We calculate your exact tax and generate Schedule VDA needed for your ITR.
1. Transactions (4)
| Asset | Type | Date | Qty | Price/unit (₹) | Exchange | TDS (₹) | |
|---|---|---|---|---|---|---|---|
2. Other VDA income (not in table above)
3. TDS reconciliation
Check Form 26AS or AIS for total TDS deducted under Section 194S
Expected TDS (1% × sell value)₹3,900
TDS as per your entry₹3,900
Difference₹0
Crypto tax computation · FY 2026-27
Total sale proceeds₹3,90,000
Total cost of acquisition (FIFO)₹3,96,000
Other VDA income (staking / airdrop / NFT / P2P / mining)₹0
Net taxable VDA gain₹24,000
Losses (NOT offsettable, NOT carried forward)₹30,000
Tax @ 30% (Sec 115BBH)₹7,200
Surcharge₹0
Health & Education Cess @ 4%₹288
Total tax liability₹7,488
Less: TDS already deducted₹3,900
Net tax to pay
₹3,588
Per-asset breakdown
| Asset | Gains | Losses | Tax @30% | TDS |
|---|---|---|---|---|
| BTC | ₹24,000 | ₹0 | ₹7,200 | ₹1,800 |
| ETH | ₹0 | ₹30,000 | ₹0 | ₹2,100 |
Loss tracking
You have ₹30,000 in crypto losses this year. These cannot offset other income, but document them carefully. Set-off of crypto losses against future gains in same asset is not yet clarified by CBDT; consult a CA.
Schedule VDA generator
Exact format for ITR-2 / ITR-3 - copy into Schedule VDA on IT portal.
Asset Date of Acquisition Date of Transfer Cost of Acquisition Consideration Income BTC FIFO FY 2026-27 156000 180000 24000 ETH FIFO FY 2026-27 240000 210000 -30000
This tool uses FIFO method as mandated for VDA reporting. Tax treatment of crypto in India is evolving — consult a CA for complex portfolios, derivatives, DeFi, or foreign exchange holdings.
We file crypto ITRs with correct Schedule VDA. Avoid notices.
Form 26AS reconciliation, TDS credit, FIFO lot matching, Schedule VDA filing: done by a CA.
Book crypto ITR filingHow this is computed
- ·FIFO method is mandatory in India: first lots bought are matched first to sells.
- ·Section 115BBH: VDA income taxed at flat 30%, regardless of holding period or slab.
- ·Only cost of acquisition is deductible. No indexation, no exchange fees, no internet bills.
- ·Losses from one VDA cannot offset gains from another VDA, nor any other head of income.
- ·Losses cannot be carried forward.
- ·Staking, mining and airdrops are taxed at fair market value on their date of receipt.
- ·Swap = taxable disposal at market value. Wallet-to-wallet transfer between your own wallets = NOT taxable.
- ·1% TDS u/s 194S is deducted on sell value. Claim it as credit against total tax.
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