How This Free Crypto Tax Calculator Works
The WealthSure crypto tax calculator estimates tax on cryptocurrency and other Virtual Digital Assets in India. You enter the transfer value, purchase cost, expenses, and TDS deducted. The calculator then estimates taxable VDA income, 30% VDA tax, 4% cess, and the net tax payable after adjusting the TDS amount entered by you.
For a conservative estimate, this calculator does not reduce exchange fees or transfer expenses from taxable VDA income because Indian VDA tax rules generally allow only cost of acquisition as a deduction while computing income from transfer of VDA.
Crypto Tax Rules in India
Indian taxpayers must report income from Virtual Digital Assets carefully. Crypto gains are not treated like normal equity capital gains for tax-rate purposes. The tax framework applies a specific rate to income arising from VDA transfers.
| Particular | Applicable Treatment | Calculator Treatment |
|---|---|---|
| Tax on crypto gain | 30% on income from VDA transfer | Applied automatically |
| Cess | Health & education cess generally applies | 4% added on VDA tax |
| TDS | 1% TDS may apply under Section 194S | Estimated on transfer value and adjusted as entered |
| Deductions | No deduction except cost of acquisition | Transfer expenses shown separately, not deducted |
| Loss set-off | VDA loss is generally not set off or carried forward | Loss does not reduce tax payable |
Example: Crypto Tax Calculation in India
Suppose you sold cryptocurrency for ₹5,00,000 and your purchase cost was ₹3,00,000. Your taxable VDA gain will be ₹2,00,000. The estimated tax at 30% will be ₹60,000. After adding 4% cess of ₹2,400, the gross tax becomes ₹62,400.
If ₹5,000 TDS has already been deducted by the exchange, your estimated net tax payable on this crypto transaction may be ₹57,400, subject to your complete income-tax computation, surcharge applicability, AIS/Form 26AS credit, and ITR reporting.
Documents Required for Crypto Tax Filing
- Exchange-wise transaction statement for the financial year
- Buy price, sell price, quantity, date of acquisition, and date of transfer
- Wallet transfer history, if assets moved between wallets or exchanges
- TDS details from Form 26AS, AIS, TIS, or exchange reports
- Details of crypto-to-crypto swaps, NFTs, airdrops, staking, mining, and rewards
- Foreign exchange or overseas wallet details, if applicable
How WealthSure Can Help With Crypto Tax Filing
Crypto tax filing can become complex when there are multiple exchanges, wallet transfers, crypto-to-crypto swaps, NFTs, staking income, airdrops, TDS mismatches, or missing cost records. WealthSure helps taxpayers organize crypto data, estimate tax liability, reconcile TDS credits, and prepare ITR details with a compliance-first approach.
Our assisted filing support is designed for salaried individuals, freelancers, NRIs, business owners, and active crypto traders who want expert review before submitting their return.