Crypto tax guide for India (2026)
Not tax advice. General information only, figures as of 2026. Rules change and your situation may differ; check the official source or a registered tax adviser before you file.
Section 115BBH: tax on virtual digital assets
- Income from transferring a virtual digital asset (VDA), which includes crypto and NFTs, is taxed at 30%.
- No deduction is allowed except the cost of acquisition.
- A VDA loss cannot be set off against any other income and cannot be carried forward.
Section 194S: 1% TDS
Whoever pays a resident for a VDA must deduct 1% TDS, at credit or payment, whichever is earlier. On peer-to-peer trades the buyer deducts it. No TDS is needed when the year's total consideration is within these limits:
| Payer | No TDS if annual total does not exceed |
|---|---|
| Specified person (e.g. individual/HUF with no business or professional income, or under the turnover limits) | Rs 50,000 |
| Any other person | Rs 10,000 |
Surcharge, cess and filing due dates depend on your circumstances; check the Income Tax Department portal.
Software
Koinly says it supports 100+ countries; check India support and the TDS reports you need in its free preview before paying. CoinTracker is another option.
More guides: Crypto tax software by country · Canada · India · Germany · Koinly vs CoinTracker (Australia)