How to report crypto tax in India?
How to Report Crypto Tax in India
You must report income from virtual digital assets (crypto) in your Income Tax Return (ITR). The income is shown under the head and schedule specified for VDAs. You need to report the gross income (gains from each sale/swap) and pay tax at 30% (plus surcharge and cess). Keep records of every buy, sell, and swap: date, amount, cost, and sale value. If TDS was deducted, it will show in Form 26AS or the exchange statement; claim it when filing. File your return on time to avoid interest and penalties.