Crypto Tax Calculator — 30% VDA Tax, TDS Credit and Net Payable
Enter your crypto disposals for the year and see the tax under section 194 (115BBH of the 1961 Act): gains taxed at 30%, losses ignored, cess, surcharge where it applies, and the 1% TDS credit — with a per-asset table you can send us for your return.
Your disposals this year
One row per sale or swap. For a crypto-to-crypto swap, the sale value is the rupee value of what you received. Airdrops and staking rewards: enter their value on receipt as the cost.
Result
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The rules applied
Gains on each transfer of a virtual digital asset are taxed at 30% under section 194 (115BBH) with only the cost of acquisition deductible. A loss on any asset is ignored — it cannot reduce gains on other assets or other income, and cannot be carried forward. Health and education cess of 4% applies, and surcharge applies where total income exceeds ₹50 lakh. Tax deducted at source under section 393 (194S of the 1961 Act) (1% of the sale consideration) is credited against the tax due. Every transfer is reported in Schedule VDA; foreign exchange accounts held by residents are reported in Schedule FA. Read our full note on crypto tax.
Disclaimer. These calculators are provided for general information only. They apply the Indian and UAE tax rules as we understand them for the year stated and are not legal, tax or professional advice, and they do not create a client relationship. Your actual liability depends on your complete facts, on documents we have not seen and on law that changes; please confirm any figure with us before relying on it or acting on it. I. H. Khan and Associates accepts no liability for decisions taken on the basis of these tools. Nothing you enter leaves your browser unless you choose to send the result to us. Section numbers are those of the Income-tax Act, 2025, in force from 1 April 2026, with the familiar 1961 Act number in brackets; the rules are unchanged — see our section map.
Questions we are asked
How is crypto tax calculated in India? Gains on each transfer of a virtual digital asset are taxed at 30% under section 194 (115BBH), with only the cost of acquisition deductible. Health and education cess of 4% applies, and surcharge applies where total income exceeds ₹50 lakh.
Can crypto losses be set off or carried forward in India? No. A loss on any virtual digital asset is ignored: it cannot reduce gains on other assets or other income, and it cannot be carried forward.
How does the 1% TDS on crypto sales work? Tax deducted at source under section 393 (194S), at 1% of the sale consideration, shows in Form 26AS and is credited against your total tax for the year; any excess is refunded when you file the return.
How are crypto-to-crypto swaps, airdrops and staking rewards treated, and where are crypto transfers reported? For a crypto-to-crypto swap, the sale value is the rupee value of what was received. Airdrops and staking rewards are generally taxed as income when received, at their value then, and that value becomes their cost when they are later sold. Every crypto transfer is reported in Schedule VDA.
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