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Crypto Tax in India
Tax authority: Income Tax Department · Last updated: 2026
Overview
| Classification | Virtual Digital Asset (VDA) |
| Capital Gains Tax | Flat 30% on all gains (no distinction between short/long-term) |
| Holding Period | No reduced rate for any holding period |
| Cost Basis Method | Purchase price only (no other deductions allowed except cost of acquisition) |
| Reporting Forms | ITR-2 or ITR-3, Schedule VDA |
Key Rules
- •Flat 30% tax on all crypto gains — no slab benefit, no distinction by holding period
- •1% TDS on transactions above ₹10,000/year (₹50,000 for specified persons)
- •Cannot offset crypto losses against any other income
- •Cannot carry forward crypto losses
- •Only cost of acquisition is deductible — no other expenses
Best Crypto Tax Software for India
Disclaimer: This guide is for informational purposes only and does not constitute tax advice. Crypto tax rules change frequently. Consult a qualified tax professional in India for advice specific to your situation.