We Calculate Your Crypto Taxes.We File Your ITR.You Stay Compliant.

Crypto tax filing is the process of reporting your cryptocurrency transactions, gains, losses, staking rewards, airdrops, and other Virtual Digital Asset (VDA) activities in your Income Tax Return (ITR). Under Section 115BBH of the Income Tax Act, crypto income is taxable in India and must be disclosed through the appropriate ITR form and Schedule VDA. Failure to report crypto transactions may result in notices, penalties, interest, or further scrutiny from the Income Tax Department.

For most individual taxpayers, the due date for filing the Income Tax Return (ITR) for FY 2025-26 is 31 July 2026. However, the Income Tax Department may extend the deadline through official notifications, and different due dates may apply to certain categories of taxpayers, such as those subject to audit requirements.

To avoid late fees, interest, or compliance issues, it is advisable to file your crypto taxes and ITR before the due date.

India Crypto Research offers professional crypto tax filing services starting from ₹999 for ITR 1 and ITR 4 ( DIY - Do it yourself ), and ₹2499 for ITR 2 and ITR 3 (CA-assisted).

For FY 2025-26, eligible users can avail our 100% cashback offer on ITR filing, making your crypto tax filing effectively free. Simply complete your filing through India Crypto Research and receive cashback after successful ITR filing.

Whether you have transactions across multiple exchanges, wallets, staking rewards, or DeFi activity, our team helps ensure accurate tax calculation, Schedule VDA reporting, and compliant ITR filing.

The applicable ITR form depends on your overall income profile. Most salaried individuals and investors report crypto transactions through ITR 2, while taxpayers with business income may need to file ITR 3. The correct form should include disclosure of all taxable crypto transactions through Schedule VDA.

Schedule VDA is a dedicated section in the Income Tax Return where taxpayers must disclose income from Virtual Digital Assets such as cryptocurrencies and NFTs. It requires transaction-level reporting of sales, transfers, and gains. If you have taxable crypto transactions during the financial year, reporting them in Schedule VDA is mandatory.

Under Section 115BBH, profits arising from the transfer of cryptocurrencies and other VDAs are taxed at a flat rate of 30%, irrespective of your income slab. In addition, a 4% health and education cess and applicable surcharge may apply. No deductions are allowed except the cost of acquisition of the asset.

No. Current tax rules do not permit crypto losses to be set off against gains from other crypto assets, capital gains, or any other income source. Furthermore, crypto losses cannot be carried forward to future financial years.

Under Section 194S, a 1% Tax Deducted at Source (TDS) applies to eligible crypto transactions above prescribed thresholds. The deducted amount is reflected in your Form 26AS and can be claimed as a tax credit while filing your Income Tax Return. If your total tax liability is lower than the TDS deducted, you may be eligible for a refund.

Yes. Swapping one cryptocurrency for another is considered a taxable transfer under Indian tax laws. Any gains arising from such transactions are subject to the 30% VDA tax, even if no INR conversion takes place.

Yes. Staking rewards, airdrops, referral rewards, and certain other crypto receipts may be taxable when received. Additionally, any future sale or transfer of those assets may trigger a separate tax liability on the gains earned.

Failure to disclose crypto income may result in notices from the Income Tax Department, penalties, interest on unpaid taxes, and increased scrutiny. With enhanced reporting requirements and exchange-level data sharing, non-compliance carries significantly higher risks than before.

The Income Tax Department receives information through TDS reporting, Form 26AS, AIS data, exchange records, and other regulatory reporting mechanisms. Transactions conducted on Indian exchanges are generally linked to your PAN and can be cross-verified with your tax filings.

Yes. If you miss the original filing deadline, you may still be able to file a belated return or an updated return within the timelines prescribed under the Income Tax Act. Additional late fees, interest, or tax implications may apply.

If you receive an AIS mismatch notice, review your crypto transaction records, Form 26AS, TDS credits, and filed ITR details immediately. Such notices generally arise when there is a discrepancy between your reported income and information available with the tax authorities.

If you need assistance understanding or resolving the notice, reach out to the India Crypto Research team at contact@indiacryptoresearch.co.in. Our experts can help review your transactions, identify discrepancies, and guide you through the appropriate next steps.

Most filings are completed within a few business days after all required documents and transaction data are shared. Timelines may vary depending on the number of exchanges, wallets, and transactions involved.

Yes. Even if you did not make a profit, certain crypto transactions may still need to be disclosed in your Income Tax Return, especially if they appear in your AIS, Form 26AS, or exchange records. Proper reporting helps avoid future notices and compliance issues.

If you encounter issues such as refund delays, AIS mismatches, defective return notices, or communications from the Income Tax Department after filing, contact the India Crypto Research support team. Our experts can help review your filing, assist with responses, and guide you through the resolution process.

For support, email us at contact@indiacryptoresearch.co.in, and our team will assist you with the next steps.