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Crypto / VDA · FY 1969-70

Flat 30% on every gain, no set-off.

Section 115BBH · 1% TDS u/s 194S

India taxes all crypto and virtual digital asset gains at a flat 30% — with no deductions and no loss set-off allowed. A separate 1% TDS is also deducted on every sale. Enter your transactions below to calculate your exact tax liability for the financial year.

1. Trading gains / losses
2/10 rows
AssetBuy price (₹)Sell price (₹)QuantityGain / Loss
₹35,000
−₹30,000
2. Other VDA income
3. TDS already deducted
1% on sale value under Sec 194S — check Form 26AS / AIS

This TDS is credited against your final tax liability below. If TDS exceeds tax, you get a refund.

Crypto tax computation · FY 1969-70
Total gains across all transactions₹35,000
Total losses (NOT offset — informational)−₹30,000
Other VDA income (staking + airdrops + P2P)₹0
Net taxable VDA income₹35,000
Tax @ 30% (Sec 115BBH)₹10,500
Surcharge₹0
Health & Education Cess @ 4%₹420
Total tax payable₹10,920
Less: TDS already deducted₹0
Net tax to pay
₹10,920
Important

Crypto losses cannot be set off against salary, business income, or any other head. Each crypto asset is taxed independently.

Not sure how to report crypto in your ITR?

We file crypto ITRs correctly — Schedule VDA, Form 26AS reconciliation, TDS credit, the lot.

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How this is computed
  • ·Section 115BBH: income from transfer of any Virtual Digital Asset (VDA) is taxed at a flat 30%, regardless of holding period or slab.
  • ·Only cost of acquisition is deductible. No indexation, no transaction costs, no exchange fees.
  • ·Losses from one VDA CANNOT be set off against gains from another VDA, nor against any other head of income (salary, business, capital gains, etc.).
  • ·Losses also CANNOT be carried forward to future years.
  • ·1% TDS under Section 194S is deducted by the exchange on the sale value (₹10,000 threshold per FY for most, ₹50,000 for specified persons).
  • ·Staking rewards, mining and airdrops are taxed at fair market value on the date of receipt under Section 115BBH.
  • ·Surcharge and 4% Health & Education Cess apply on top of the 30% rate.

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