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Crypto Tax Calculator (India)

Section 115BBH: 30% flat tax on VDA gains, no expense deduction except cost. Section 194-S: 1% TDS on transfers above ₹10k (₹50k for specified persons). Losses can't be set off against any income or carried forward.

₹5,00,000
₹3,00,000
Total tax
₹62,400
Capital gain₹2,00,000
30% flat tax₹60,000
Cess (4%)₹2,400
1% TDS at transfer₹5,000
Net profit after tax₹1,37,600

How it works

For each Virtual Digital Asset (VDA) transaction we compute gain = sale value − cost of acquisition. No other expense (gas fee, exchange fee, platform fee) is deductible per Section 115BBH. The gain is taxed at a flat 30% plus 4% cess. Section 194-S withholds 1% TDS on the transfer value above the ₹10,000 threshold (₹50,000 for specified individuals). Losses on one VDA cannot be offset against gains on another VDA, against any other head, or carried forward.

Worked example

You bought 1 BTC for ₹25 lakh in April 2025 and sold for ₹42 lakh in January 2026 on WazirX. Gain = ₹17 lakh, tax = 30% × 17 lakh + 4% cess = ₹5.30 lakh + ₹21,200 = ₹5.51 lakh. WazirX deducts 1% TDS at sale = ₹42,000, claimable in your ITR-2 against the ₹5.51 lakh liability. Net cash payable on filing: ₹5.09 lakh. If you also lost ₹3 lakh on a SOL trade in the same year, you still pay full tax on the BTC gain — losses are not allowed to set off.

When to use this

  • Estimating advance tax instalments on quarterly crypto P&L
  • Reconciling WazirX, CoinDCX or ZebPay annual statements before ITR filing
  • Checking the 1% TDS already deducted against Form 26AS

Read our deeper guide on India crypto tax: 1% TDS + 30%, and for advance tax planning try the advance tax calculator.

FAQ

Can I offset crypto losses against gains?

Within crypto/VDA — yes. Across to other heads — no. Section 115BBH disallows set-off and carry-forward, even against future crypto gains. The treatment is uniquely punitive.

Is crypto-to-crypto trade taxable?

Yes. Each trade is a transfer u/s 2(47). Convert ETH to BTC = sale of ETH (taxable) + purchase of BTC (cost basis reset).

How is staking / mining income taxed?

As regular income at slab rate (not under section 115BBH). When you later sell, the slab-taxed amount becomes your cost basis for the 30% gain calc.