Indian crypto tax, calculated the way the law actually works

India's VDA tax rules are unforgiving: a flat 30% on every gain, 1% TDS on most sells, no loss set-off, and a strict FIFO cost basis. Doing this by hand across hundreds of trades and multiple exchanges is error-prone — and on a tax product, errors are expensive. Our goal is simple: turn your raw exchange reports into a correct, defensible, ITR-ready tax figure in minutes.

CryptoITR is built and operated by KCS Creations. We are an India-focused product team — not a generic global tax tool retrofitted for India. Every calculation, every form mapping, and every help article is written specifically for Indian VDA taxation and ITR filing. You can reach us any time at support@cryptoitr.com or via our contact page.

Our engine applies the actual provisions of Indian law, not a simplification:

• 30% flat tax (+4% cess) on every gain under Section 115BBH of the Income-tax Act — no long-term/short-term distinction, no deductions except cost of acquisition.
• 1% TDS under Section 194S, tracked per trade and credited against your final liability, per CBDT Circular 14/2022.
• FIFO cost basis — gains are computed against your oldest holdings first, the method expected for VDA cost basis.
• No loss set-off — losses on one asset cannot offset gains on another, exactly as 115BBH requires.
• Income events — airdrops, staking and mining are treated as income at fair market value, then tracked for later disposal.

The output maps directly to Schedule VDA in ITR-2/ITR-3, so you (or your CA) can file with confidence.

The tax logic was built with input from a qualified Chartered Accountant and is continuously checked against the published provisions of Section 115BBH and Section 194S and the relevant CBDT circulars. We surface every row we skip during parsing, show a full FIFO breakdown, and never silently drop a trade — because silent under-counting is the highest-liability failure mode for a tax product.

CryptoITR is a software tool that helps you calculate and prepare your return. It is not a substitute for personalised advice from your own Chartered Accountant. See our disclaimer for details.

Your trade data is encrypted in transit and at rest, and is auto-deleted on a schedule you control (7 days by default). We never sell your data. Read our privacy policy.