CoinSwitch Crypto Tax Calculator for India — Section 115BBH

    Upload your CoinSwitch trade history and get an ITR-ready tax report in minutes

    Calculate CoinSwitch Taxes Free

    How It Works

    Step 1

    Export & upload CoinSwitch XLSX export

    Open CoinSwitch app → Profile → Tax Reports → Select Financial Year → Download Trade Report → The file contains Spot and Futures trades in separate sheets → Upload the single XLSX file to CryptoITR

    Step 2

    Auto-calculate tax under Section 115BBH

    CryptoITR applies FIFO cost-basis matching, computes 30% flat tax on gains and 1% TDS credits automatically.

    Step 3

    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 CoinSwitch?

    CoinSwitch is a beginner-friendly Indian crypto app. CryptoITR is purpose-built to parse CoinSwitch XLSX export exports and compute your Indian crypto tax liability under Section 115BBH of the Income Tax Act.

    • Full support for CoinSwitch XLSX export 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

    CoinSwitch Tax Rules Indian Traders Get Wrong

    The 30% rate is the easy part. These are the CoinSwitch-specific details that actually decide whether your ITR survives scrutiny.

    Four segments, four sheets

    A CoinSwitch statement can contain Spot, Futures, INR Futures and Boost trades — each in its own sheet with its own layout. CryptoITR detects and parses all four, so leveraged Boost positions and INR-margined futures don't silently drop out of your tax computation.

    Many small buys make FIFO unforgiving

    CoinSwitch's rupee-first design encourages SIP-style investing — ₹100 and ₹500 buys add up to dozens of tiny lots per coin. When you sell, Section 115BBH requires matching against those lots in FIFO order, each with its own cost basis. This is precisely the computation that breaks spreadsheets and where automated FIFO earns its keep.

    TDS deducted at source — reconcile with AIS

    As an Indian platform, CoinSwitch deducts the 1% TDS on sell-side transactions under Section 194S. CryptoITR totals your TDS credits from the statement so you can claim them in your ITR and cross-check the figure against your AIS before filing.

    A Worked CoinSwitch Example

    You invested ₹500/week in BTC for 40 weeks (₹20,000 total) and sold your whole holding for ₹26,000:

    Sale consideration₹26,000
    Cost of acquisition (40 FIFO lots)₹20,000
    Taxable gain₹6,000
    Tax @ 30% + 4% cess₹1,872
    TDS deducted by CoinSwitch (1%)−₹260 credit

    Forty buy lots, one sell — the FIFO matching is 40 rows of arithmetic for one trade. CryptoITR handles thousands of such lots without error.

    CoinSwitch Tax FAQ

    Ready to file your CoinSwitch crypto taxes?

    Upload your CoinSwitch trade history and get your ITR-ready report in under 5 minutes.

    Calculate CoinSwitch Taxes Free