Bybit Crypto Tax Calculator for India — Section 115BBH
Upload your Bybit trade history and get an ITR-ready tax report in minutes
Calculate Bybit Taxes FreeHow It Works
Export & upload Bybit CSV (2 files: UTA Trade + Fund)
Log in to Bybit web → Assets → Unified Trading Account → Trade History → Click Export → select date range (full FY) → Download CSV → Also export Fund History (deposits/withdrawals) from Assets → Fund Account → Upload both CSV files to CryptoITR (UTA slot + Fund slot)
Auto-calculate tax under Section 115BBH
CryptoITR applies FIFO cost-basis matching, computes 30% flat tax on gains and 1% TDS credits automatically.
Download ITR-ready report
Get a detailed PDF with trade-wise breakdown, Schedule VDA data, and AIS reconciliation — ready for your CA or self-filing.
Why Use CryptoITR for Bybit?
Bybit is a leading derivatives exchange, FIU-registered in India since February 2025. CryptoITR is purpose-built to parse Bybit CSV (2 files: UTA Trade + Fund) exports and compute your Indian crypto tax liability under Section 115BBH of the Income Tax Act.
- Full support for Bybit CSV (2 files: UTA Trade + Fund) format
- FIFO cost-basis matching across financial years
- 30% flat tax on gains + 1% TDS credit tracking
- AIS reconciliation to match Income Tax portal data
- Schedule VDA-ready PDF for ITR-2 / ITR-3 filing
Bybit Tax Rules Indian Traders Get Wrong
The 30% rate is the easy part. These are the Bybit-specific details that actually decide whether your ITR survives scrutiny.
The ZIP contains several files — only one holds your trades
Bybit's data export arrives as a ZIP (generation can take 1–3 days) containing separate files per account type. The file with '_uta_' in its name from the AssetChangeDetails folder is your actual trade history; '_spot_' covers account transfers and '_fund_' is optional. Upload the _uta_ file — CryptoITR knows the layout, including the UID metadata line that trips up generic parsers.
Registered in India since February 2025
Bybit paid a ₹9.27 crore FIU penalty and completed registration in February 2025, making it legal for Indian users again after the early-2025 app removals. Registration doesn't change your tax position: every trade you made — including while access was restricted — remains taxable in the year it occurred.
Derivatives-heavy trading meets the no-set-off rule
Bybit users skew toward perps and futures. Under the VDA framework each trade's profit is taxed at 30% and losses cannot offset other trades' gains. High-frequency derivatives traders routinely discover their tax bill is far larger than 30% of net P&L — CryptoITR computes the real number trade by trade so your CA isn't guessing.
A Worked Bybit Example
You traded BTC perps on Bybit: 15 wins totalling +$2,000 and 10 losses totalling −$1,200, at ₹84/USDT:
Nothing is miscalculated here — that's Section 115BBH applied to gross per-trade profits. Every serious derivatives trader should see this number before deciding position sizing, not after.
Bybit Tax FAQ
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Upload your Bybit trade history and get your ITR-ready report in under 5 minutes.
Calculate Bybit Taxes Free