Cryptocurreny Plan – Crypto Tax Filing Services, N D Savla & Associates
Helps you stay fully compliant with Indian crypto tax laws. Whether you’re a casual investor or an active trader across multiple exchanges, we handle your crypto taxation end to end.
Crypto Tax in India: Key Points.
As per Indian tax provisions:
Income from cryptocurrency and VDAs is taxed at 30%
No set-off of crypto losses against any other income
1% TDS applicable on specified crypto transactions
Mandatory reporting of crypto transactions in the Income Tax Return
Missing or incorrect reporting often leads to scrutiny, notices, or refund blocks.
What’s Covered Under Our Cryptocurrency Plan ?
-Crypto Income Identification & Classification
We review and classify income from:
Buying and selling cryptocurrency
Crypto-to-crypto trades
NFTs
Airdrops, staking rewards, forks
Mining income
Each transaction is evaluated individually as per tax rules.
-Crypto Tax Computation
Our team prepares:
Transaction-wise gain computation
Proper working papers and reconciliations
Treatment of losses strictly as per law
Matching of trades with exchange data
No approximations. Everything backed by records.
-ITR Filing With Mandatory Crypto Disclosure
We take care of:
Correct ITR form selection
Mandatory crypto schedules and disclosures
Reporting of TDS deducted by exchanges
Filing for individuals, professionals, businesses, and NRIs
Your return is filed only after full verification.
-1% Crypto TDS Reconciliation
We assist with:
Checking applicability of crypto TDS
Reconciling TDS deducted by exchanges
Reflecting correct credit in your ITR
Resolving mismatches that delay refunds
-Notice & Compliance Support
If you receive a notice related to crypto transactions, we help with:
Drafting technically sound replies
Submitting transaction proofs and workings
Revised return or rectification filings
Assessment and scrutiny support
Who Should Opt for This Cryptocurrency Plan ?
Individual crypto investors
Active traders using multiple exchanges
NFT traders and creators
Professionals receiving income in crypto
NRIs trading or investing in Indian crypto platforms
Anyone unsure about correct crypto tax reporting
Our Work Process:
Collection of exchange statements and wallet data
Classification and tax computation of transactions
TDS reconciliation
Accurate disclosure in ITR
Filing and e-verification
Post-filing support, if required
Structured, compliant, and transparent.
Why Choose N D Savla & Associates?
Experienced Chartered Accountants
Practical understanding of crypto taxation in India
Accurate computation with proper documentation
Support beyond filing, including notices
Confidential handling of sensitive financial data
We focus on compliance that stands up to scrutiny.
FAQs – Cryptocurrency Plan
Is crypto income taxable in India?
Yes. Income from cryptocurrency and VDAs is taxed at a flat 30%.
Can crypto losses be adjusted against other income?
No. Crypto losses cannot be set off against any other income.
Are crypto-to-crypto trades taxable?
Yes. Each transfer is treated as a taxable event.
Do I need to file ITR if I made only one crypto trade?
Yes. Even a single taxable transaction must be reported.
Can you help if I already filed my return incorrectly?
Yes. We assist with revised returns, rectification, and notice handling.
