Formula & Calculation Methodology
Net Tax = (Sale Value − Acquisition Cost) × 31.2% (30% Tax + 4% Cess) + 1% TDS on Total Sale Consideration
Tax = (Sale - Buy) imes 0.312
Convert crypto to INR in real time and calculate your exact Indian Income Tax liability under Section 115BBH (30% flat tax + 4% cess = 31.2%) and Section 194S 1% TDS.
Net Tax = (Sale Value − Acquisition Cost) × 31.2% (30% Tax + 4% Cess) + 1% TDS on Total Sale Consideration
Tax = (Sale - Buy) imes 0.312
Bought 0.25 BTC for ₹15,00,000 | Sold for ₹19,62,500 | Profit: ₹4,62,500
No. Under Section 115BBH of the Indian Income Tax Act, losses from one Virtual Digital Asset (VDA) cannot be set off against gains from another VDA or any other source of income.
Section 194S mandates Indian exchanges and buyers to deduct 1% TDS on the gross transfer value of virtual digital assets if annual transactions exceed ₹50,000.