Casual investor
Buy-and-hold investor on Indian exchanges (CoinDCX, WazirX, etc.).
- ITR-2 with Schedule VDA
- TDS auto-deducted by exchange
- 26AS / 26QE reconciliation
- FY summary download from exchange
ITR for Crypto / VDA Investors
Report your crypto right - 30% flat, no set-off, TDS 1%.
From FY 2022-23, every Virtual Digital Asset (VDA) transaction is taxed at a flat 30% under Section 115BBH with no expense deduction except cost of acquisition. TDS at 1% applies on every transfer over Rs 10,000 (Rs 50,000 for specified persons). Losses cannot be set off against any other income.
Qualified CA / CS partners3-5 working daysBest for: Crypto traders, NFT holders, Web3 founders
Starting at
₹2,999 onwards
Crypto ITR
Crypto traders, NFT holders, Web3 founders
Schedule VDA reporting
30% flat tax computation
TDS 1% reconciliation (26QE / 26AS)
Wallet + exchange ledger compilation
Timeline
3-5 working days
What it is
Crypto ITR, explained in plain English.
VDA income covers crypto, NFTs and any 'notified digital asset'. The Income Tax Act treats every disposal (sell, swap, spend) as a transfer. Gains are taxed at 30% (plus surcharge + cess) under Section 115BBH; losses are dead-weight - they cannot be set off against other VDA gains, salary, business or capital gains, nor carried forward.
TL;DR
Every crypto sell / swap / spend = transfer. Tax 30% on net gain (cost of acquisition only). Losses are forfeit. TDS 1% applies on every transfer. Schedule VDA in your ITR.
Key terms
The vocabulary you'll see on the portal.
VDA
Virtual Digital Asset - crypto, NFTs and notified digital assets.
Section 115BBH
Flat 30% tax + applicable surcharge + 4% cess on VDA gains; no expense deduction except cost.
Section 194S
TDS at 1% on every VDA transfer above the threshold.
Schedule VDA
Schedule in ITR-2 / ITR-3 that lists every VDA transaction with date, cost and consideration.
Routes & scenarios
Match the situation to the right fix.
Active trader / DeFi user
Multi-wallet, multi-exchange traders; DeFi, staking, airdrops, NFT trading.
- Wallet aggregation (Koinly / CoinTracker)
- Each transfer = taxable event
- Staking / mining = 'other sources' (taxed at slab) until sale
- Foreign-exchange transfers - FA schedule
Web3 founder / employee
Founders, ESOP / token-grant holders or paid in crypto.
- Token grants: salary at receipt (slab rate)
- Holding period restart at receipt FMV
- Future sale taxed at 30% under 115BBH
- Foreign-asset reporting if held abroad
The process
Crypto ITR - from kickoff to confirmation.
01
Collect
Download FY transaction reports from every exchange + wallet; reconcile against 26AS / 26QE.
02
Aggregate
Cost basis (FIFO/specific identification), gains per transfer, foreign-asset positions logged.
03
Compute
Schedule VDA built; 30% + surcharge + cess; TDS 1% credit applied; foreign tax credit (DTAA) if foreign exchange used.
04
File
ITR uploaded with Schedule VDA + Schedule FA (if applicable); e-verified within 30 days.
Documents required
What we'll need from you.
Upload via our secure portal. We pre-check every scan before filing - cuts portal rejections by ~90%.
Exchange FY transaction reports (CSV)
Wallet address list + ledger
26AS + AIS + 26QE (TDS @ 1% credits)
Bank statements (INR funding flow)
Foreign exchange / wallet evidence (Schedule FA)
Last year's carry-forward (only loss before FY22-23 had no set-off rules)
Crypto ITR FAQ
Common questions, answered by partners.
Still unsure if Crypto ITR is right for your case? Book a free 20-minute consult - a senior CA / CS will walk you through your specifics.
Still have questions?
Book a free 20-minute consult with a senior partner - we'll walk through your case and outline next steps.
Talk to a partner →No. From FY 2022-23, VDA losses cannot be set off against any other income - not even other VDA gains - and cannot be carried forward. Each VDA transfer is computed standalone.
Ready when you are
Let's get your Crypto ITR sorted this week.
A senior CA / CS will get on a call with you, confirm scope and start the work - usually within 24 hours.