Crypto / VDA Tax Calculator
Flat 30% tax on gains from crypto, NFTs and virtual digital assets, plus 1% TDS under Section 194S — calculated live.
Tax computation
Get your crypto gains reported & ITR filed by a CA
We compute your VDA tax under Section 115BBH, reconcile 194S TDS and file Schedule VDA accurately.
Disclaimer: Indicative estimate under Section 115BBH & 194S of the Income-tax Act. Surcharge (if applicable) and set-off rules are not modelled here. Rates per Finance Act 2022 as amended.
How crypto & VDA is taxed in India
Since 1 April 2022, income from transfer of any Virtual Digital Asset — cryptocurrency, NFTs and other tokens — is taxed at a flat 30% under Section 115BBH, plus a 4% health & education cess. This rate applies regardless of your income slab or holding period. The only deduction allowed is the cost of acquisition; no expenses, indexation or brokerage can be claimed.
How the tax is calculated
Gain equals sale value minus cost of acquisition (never below zero). Tax is 30% of that gain, grossed up by 4% cess to an effective 31.2%. Separately, the buyer / exchange deducts 1% TDS on the full sale value under Section 194S once it crosses the threshold — this TDS is credited back against your final tax.
Key terms explained
Section 115BBH
Charges a flat 30% tax on income from the transfer of any virtual digital asset. It overrides your normal slab rate — even someone in the 5% slab pays 30% on crypto gains. Only the cost of acquisition is deductible.
Section 194S TDS
The buyer or exchange deducts 1% TDS on the sale / transfer value of a VDA. The threshold is ₹10,000 generally and ₹50,000 for specified persons. This TDS is adjusted against your final tax, not an added cost.
No loss set-off
Losses from VDAs cannot be set off against any income — including gains on other cryptos — and cannot be carried forward to future years. Each gain is taxed standalone; losses simply lapse.
Schedule VDA
Crypto and NFT transactions must be reported in Schedule VDA of the ITR, transfer by transfer. Correct disclosure of sale value, cost and TDS is essential to claim the 194S credit and avoid notices.
How is crypto taxed in India?
Gains on transfer of a virtual digital asset are taxed at a flat 30% under section 115BBH, plus surcharge and cess. The rate is the same whether the holding is short or long term, and there is no basic exemption for this income.
Can I deduct expenses or set off crypto losses?
No. Only the cost of acquisition is deductible — not brokerage, gas fees, internet or infrastructure costs. A loss from one VDA cannot be set off against gain from another VDA or any other income, and cannot be carried forward.
What is the TDS on crypto transactions?
Section 194S requires 1% TDS on the consideration for transfer of a VDA. The threshold is ₹50,000 a year for specified persons and ₹10,000 for others. Indian exchanges deduct it automatically; peer-to-peer and foreign-exchange trades put the obligation on the buyer.
Are NFTs and crypto gifts taxable?
Yes. NFTs fall within the definition of a virtual digital asset. A VDA received as a gift is taxable in the recipient's hands under section 56(2)(x) unless it comes from a relative or on an occasion covered by the exemptions.
Do I have to report crypto even if I made a loss?
Yes. Schedule VDA in the ITR must report every transfer, gain or loss. Exchange data is also reported to the department, so an unreported trade shows up in your AIS.
Disclaimer: This tool gives indicative results for general guidance only and is not professional advice. Please verify with a qualified CA before acting on the numbers.