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Calculate tax on cryptocurrency / VDA gains under Section 115BBH for FY 2025-26. Flat 30% + 1% TDS + 4% Cess.
Tax Rate (VDA)
30%
Section 115BBH
TDS Rate
1%
Section 194S (above ₹10K)
Health & Edu. Cess
4%
On income tax
Net Taxable Gains
₹6,00,000
Income Tax (30%)
₹1,80,000
Cess (4%)
₹7,200
Total Tax Payable
₹1,87,200
Effective Tax Rate
31.20%
TDS on Transactions
₹23,800
1% TDS applicable
Total Sale Value
₹23,80,000
Bitcoin (BTC)
Profit: ₹6,00,000
Tax: ₹1,87,200
Effective: 31.20%
Ethereum (ETH)
Loss: ₹80,000
Crypto losses: Under Section 115BBH, losses from VDA/crypto transactions cannot be set-off against any other income or gains, and cannot be carried forward to future years.
- 30% flat tax on all VDA (crypto) income under Section 115BBH — no deduction for cost of acquisition (other than cost of acquisition itself).
- 1% TDS deducted at source on transfer of VDA above ₹10,000 per year under Section 194S.
- 4% Health & Education Cess applies on the 30% tax — effective rate is 31.2%.
- Crypto losses cannot be set-off against any other income (salary, business, capital gains) and cannot be carried forward.
- Gifting crypto is taxable at 30% in the hands of the recipient (if value > ₹50,000).
- Surcharge applies at normal slab rates if total income exceeds ₹50 lakh.