Crypto / VDA Tax & Advance Tax Calculator
IT Act 1961: s.115BBH & s.194S · IT Act 2025: s.168 & s.225 · FY 2026-27 (AY 2027-28)
📖 How to Use This Calculator
1
Enter each VDA / Crypto trade
Select the VDA type (Bitcoin, Ethereum, USDT, etc.) from the dropdown. Enter Buy Price (cost per unit in ₹), Sell Price (sale price per unit in ₹), and Quantity sold. If prices were in USD, convert to ₹ at RBI reference rate on the transaction date.
2
Enter TDS already deducted by the exchange
Indian exchanges deduct 1% TDS u/s 194S on the sale value if it exceeds ₹10,000 in a year (₹50,000 for specified persons). Enter this amount per trade — it is credited against your tax payable. Check your exchange tax statement or Form 26AS.
3
Add multiple trades using "+ Add Trade"
Click the button to add a new row for each transaction. Gains across all trades are aggregated. Losses cannot be set off against gains — they are shown separately with a warning. Remove any row using the ✕ button.
4
Fill "Additional Details" for Advance Tax
This section is optional but recommended if you have other income:
• Other income — gross salary or business income before deductions
• NPS employer 80CCD(2) — employer's NPS contribution (deductible even in new regime)
• STCG u/s 111A — short-term gains on listed equity / equity MF (taxed at 20%)
• LTCG u/s 112A — long-term gains on equity / equity MF after ₹1,25,000 exemption (taxed at 12.5%)
• Senior citizen checkbox — tick if you are a resident aged 60+ with no business income; advance tax does not apply (s.207(2))
• Other income — gross salary or business income before deductions
• NPS employer 80CCD(2) — employer's NPS contribution (deductible even in new regime)
• STCG u/s 111A — short-term gains on listed equity / equity MF (taxed at 20%)
• LTCG u/s 112A — long-term gains on equity / equity MF after ₹1,25,000 exemption (taxed at 12.5%)
• Senior citizen checkbox — tick if you are a resident aged 60+ with no business income; advance tax does not apply (s.207(2))
5
Click "Calculate Tax →" to see results
The result shows: (a) VDA tax computation — gains, 30% tax, cess, TDS credit, net payable; (b) Advance tax instalment schedule if your total liability exceeds ₹10,000. Results update live as you type — no need to re-click for field changes.
6
Use the result to pay advance tax and file ITR
Pay advance tax instalments via Challan 280 (ITNS 280) on the Income Tax e-filing portal. Report VDA income under "Schedule VDA" in ITR-2 or ITR-3. Claim TDS credit shown in Form 26AS / AIS under Schedule TDS.
⚠️ Key VDA Tax Rules — FY 2026-27
Tax on Virtual Digital Assets (VDA) is levied at a flat 30% + 4% health & education cess regardless of your income slab or holding period.
• No set-off of VDA losses against gains from another VDA or any other income.
• No deduction is allowed except the cost of acquisition — no 80C, 80D, etc. against VDA income.
• No carry forward of VDA losses to future years.
• TDS u/s 194S: Exchange deducts 1% TDS on consideration > ₹10,000 per year (₹50,000 for specified persons). Claim as credit in ITR.
• Gifted VDA: Your cost = original cost to the donor. Inherited VDA: Your cost = original cost to deceased.
• No set-off of VDA losses against gains from another VDA or any other income.
• No deduction is allowed except the cost of acquisition — no 80C, 80D, etc. against VDA income.
• No carry forward of VDA losses to future years.
• TDS u/s 194S: Exchange deducts 1% TDS on consideration > ₹10,000 per year (₹50,000 for specified persons). Claim as credit in ITR.
• Gifted VDA: Your cost = original cost to the donor. Inherited VDA: Your cost = original cost to deceased.
📊 VDA Transactions — FY 2026-27
| VDA / Crypto | Buy Price (₹) | Sell Price (₹) | Quantity | TDS Deducted (₹) | Gain / Loss (₹) |
|---|
📋 Additional Details — for Advance Tax Computation
These fields are used only to compute your total advance tax liability (VDA tax + other income tax + capital gains tax). VDA tax rate of 30% is always separate.
If checked, advance tax does not apply — u/s 207(2) IT Act 1961 / s.262 IT Act 2025. You pay tax as self-assessment tax by 31 Mar.
VDA Tax Computation — FY 2026-27 (AY 2027-28)
📖 Law Reference
s.115BBH IT Act 1961 / s.168 IT Act 2025: Income from transfer of Virtual Digital Asset (VDA) shall be charged to tax at 30%. No deduction in respect of any expenditure (other than cost of acquisition) or allowance shall be allowed. Loss from transfer of VDA shall not be set off against income from any other VDA or any other source.
s.194S IT Act 1961 / s.225 IT Act 2025: Person responsible for paying consideration for transfer of VDA shall deduct TDS at 1%. Threshold: ₹10,000 p.a. (₹50,000 for specified persons — individuals/HUF with sales < ₹1Cr business / ₹50L profession turnover).
VDA includes cryptocurrency, NFTs, tokens and any digital asset notified by the Central Government. Gold, CBDCs and foreign currencies are excluded.
s.194S IT Act 1961 / s.225 IT Act 2025: Person responsible for paying consideration for transfer of VDA shall deduct TDS at 1%. Threshold: ₹10,000 p.a. (₹50,000 for specified persons — individuals/HUF with sales < ₹1Cr business / ₹50L profession turnover).
VDA includes cryptocurrency, NFTs, tokens and any digital asset notified by the Central Government. Gold, CBDCs and foreign currencies are excluded.
Disclaimer: This tool is for educational purposes only. It does not constitute professional tax or legal advice. VDA tax rules are evolving — always verify with a Chartered Accountant before filing. TDS calculations may vary based on exchange type (specified/non-specified person). TheToolsWala.com accepts no liability for decisions made based on tool output.