01 — Data Sync
Data Consolidation
We aggregate trades from all your wallets and exchanges (Zerodha, WazirX, Binance, etc.) using APIs or CSVs to calculate net gains accurately.
🪙 Digital Asset Taxation Specialist
Crypto Tax Reporting —
Stay Compliant, Avoid Penalties
Stay compliant with the latest Virtual Digital Asset (VDA) tax laws in India. Accurate reporting for Crypto, NFTs, and more at the flat 30% tax rate with expert CA oversight.
10,000+Crypto Filings
15+Exchanges Linked
4.9★Client Rating
₹1,999Starting Fee
Is This For You?
Who Needs Professional Crypto Tax Filing?
The Income Tax Department is actively tracking digital asset transactions. You need expert help if you have any of the following situation:
Active Crypto Traders
If you trade Bitcoin, Ethereum, or Altcoins on Indian or International exchanges, you must report gains transaction-wise in Schedule VDA.
NFT Collectors & Creators
Buying, selling, or creating Non-Fungible Tokens (NFTs) triggers tax events that must be disclosed under the Virtual Digital Asset rules.
DeFi & Staking Earners
Income from decentralized finance, staking rewards, yield farming, and liquidity pools is taxable and requires specialized reconciliation.
Foreign Exchange Users
Holdings on Binance, Kraken, or KuCoin must be reported in Schedule FA (Foreign Assets) to avoid severe penalties under the Black Money Act.
Airdrop & Gift Recipients
Receiving crypto as a gift or through an airdrop is considered "Income from Other Sources" and must be valued correctly for tax purposes.
P2P Platform Users
Peer-to-peer trading involves specific TDS responsibilities. We help you reconcile TDS and ensure your trades are documented correctly.
What We Do
Expert Crypto Tax Services We Offer
From exchange data consolidation to filling complex ITR schedules — we handle everything to keep your crypto portfolio compliant.
02 — TDS Reconciliation
TDS Verification
We reconcile the 1% TDS deducted by exchanges with your Form 26AS and AIS to ensure you get full credit for the tax already paid.
03 — Schedule VDA
Schedule VDA Filing
Expertly filling the mandatory Schedule VDA in ITR-2 or ITR-3, ensuring the 30% flat tax is applied correctly without disallowed set-offs.
04 — Global Assets
Schedule FA Compliance
Mandatory reporting of crypto held in international exchanges or hardware wallets in Schedule FA to protect you from heavy Black Money Act penalties.
05 — Passive Income
DeFi & Staking Income
Specialized reporting for complex transactions like staking rewards, yield farming, and airdrops at their correct fair market value.
06 — Audit Ready
Computation Report
We provide a detailed transaction-level tax report that serves as a robust audit trail in case of future inquiries from the Tax Department.
The Ultimate Guide to Crypto & VDA Taxation in India (2024–25)
Since April 1, 2022, the landscape of cryptocurrency in India has undergone a seismic shift with the introduction of a dedicated tax regime for Virtual Digital Assets (VDA). Whether you are trading on WazirX, CoinDCX, or international giants like Binance and Coinbase, understanding your tax obligations is mandatory to avoid heavy penalties.
1. What Exactly is a Virtual Digital Asset (VDA)?
The Income Tax Act defines VDA broadly under Section 2(47A). It includes Cryptocurrencies (Bitcoin, Ethereum, etc.), Non-Fungible Tokens (NFTs), and any other digital asset as notified by the Government. Importantly, it excludes Indian and foreign fiat currency.
2. The 30% Flat Tax Rule (Section 115BBH)
Under Section 115BBH, any income derived from the transfer of a VDA is taxed at a flat rate of 30% (plus 4% cess). Key restrictions include:
- No Deductions: No expenses (gas fees, exchange fees) are allowed except the "cost of acquisition."
- No Set-off of Losses: Loss from one VDA cannot be set off against gains from another VDA.
- No Carry Forward: VDA losses cannot be carried forward to future years.
3. Understanding 1% TDS (Section 194S)
A 1% Tax Deducted at Source (TDS) applies on the transfer of VDAs since July 1, 2022. This is applicable if the total consideration exceeds ₹50,000 (for specified persons) or ₹10,000 (for others) in a financial year. You can claim credit for this TDS in your ITR.
4. Taxation of Airdrops, Mining, and Staking
- Airdrops & Gifts: Taxed as "Income from Other Sources" at FMV on the date of receipt.
- Staking Rewards: Generally taxed as income at the point of receipt. The 30% flat tax applies upon eventual sale.
- Mining: Mining costs (electricity, hardware) are NOT deductible; only the cost of acquisition is allowed.
5. The Critical Importance of Schedule FA
If you hold crypto on an international exchange or in a hardware wallet, these are "Foreign Assets." Residents MUST disclose these in Schedule FA. Failure to do so can lead to a penalty of ₹10 Lakh under the Black Money Act, even if you've paid all taxes.
Our Strategy
Our Simple 5-Step Crypto Tax Process
We combine specialized crypto tax tools with expert CA review to ensure your filings are 100% accurate and audit-ready.
1
Data Consolidation
We aggregate trades from all wallets and exchanges to calculate net gains across your entire portfolio.
2
TDS Reconciliation
Matching TDS deducted on exchanges with your Form 26AS/AIS to ensure you claim every rupee of credit.
3
ITR Preparation
Expertly filling Schedule VDA and ensuring no disallowed loss set-offs occur in your return.
4
Schedule FA Filing
Ensuring all international crypto holdings are disclosed to protect you from heavy Black Money Act penalties.
5
Compliance Audit
Final verification of all transactions against your bank statements for 100% accuracy and peace of mind.
Checklist
Documents Required for Crypto Tax Reporting
Having your transaction data ready makes the filing process seamless. Here's what we need.
Exchange Reports
CSV or Excel transaction history from all exchanges (WazirX, CoinDCX, Binance, etc.).
Tax Tool Reports
Reports from tools like Koinly or CoinTracker if you already use them for tracking.
Bank Statements
Statements showing funds moved to and from crypto exchanges for reconciliation.
AIS / TIS
Annual Information Statement from the IT portal to verify TDS deducted on crypto trades.
Transparent Pricing
Simple, Volume-Based Pricing
No hidden fees. Professional CA-led crypto tax filing.
Crypto Tax Filing Package
Starting at ₹1,999
Per Financial Year · Expert CA Review · 100% Online
- Standard Crypto Reporting: ₹1,999
- High Volume Traders: ₹3,499+
- NFT/DeFi Specialized: ₹4,999+
- Schedule FA Disclosure: ₹2,499+
- Transaction-level gain calculation
- TDS reconciliation and credit claim
- Post-filing query support
Common Questions
Frequently Asked Questions
Clear answers to the most common crypto tax queries.
How is crypto taxed in India?
Gains from Virtual Digital Assets (VDA) are taxed at a flat rate of 30% plus 4% cess. No deductions are allowed except for the cost of acquisition.
Can I set off losses in one crypto against gains in another?
No. As per current Indian tax laws, losses from the transfer of one VDA cannot be set off against gains from another VDA. Each profitable trade is taxed individually.
Is there TDS on crypto transactions?
Yes, a 1% TDS is applicable on the transfer of VDAs. Most Indian exchanges deduct this automatically. You can claim credit for this TDS while filing your ITR.
Do I need to report crypto held in foreign exchanges?
Yes. It is mandatory for Indian residents to report all foreign assets, including crypto held on international exchanges like Binance or in hardware wallets, in Schedule FA.