How to file crypto taxes?
How to File Crypto Taxes
Gather all records of crypto buys, sells, and swaps for the financial year. Calculate total gains (sale value minus cost for each disposal). Report the income in your Income Tax Return under the head for virtual digital assets. Tax is 30% (plus surcharge and cess). Subtract any TDS already deducted (from Form 26AS or exchange statement). Pay any balance tax and file the return by the due date. You can use the income tax portal or a tax professional. Keep supporting documents for at least six years.