How to export your Binance transaction history
Binance provides a single comprehensive export that covers all activity types - spot trades, Earn, Savings, staking, and Launchpool products.
- Log in to binance.com.
- Click the Wallet icon and go to Asset History.
- Click the export icon and select Export Transaction Records.
- Set time range to cover your full trading history, keep timezone as UTC (default), and click Generate.
- Download the CSV when ready.
Upload your complete history including prior years. The calculator needs your earliest purchases to build accurate cost basis queues for FIFO matching.
The 30% VDA tax on Binance trades
Every disposal on Binance - sells, spot trades, conversions, Earn redemptions - triggers a 30% flat tax on the gain under Section 115BBH. There is no distinction between short-term and long-term holdings. The only deduction allowed is the cost of acquisition.
Losses from one VDA cannot offset gains from another. If you lost money on BNB and made money on BTC, you pay 30% on the BTC gain with zero offset. VDA losses cannot be carried forward to future years.
- Taxable events: Sells, spot trades between crypto pairs, dust conversions, Earn redemptions at a gain, spending crypto.
- Non-taxable: Buying crypto with INR, depositing crypto, transferring between wallets, subscribing to Earn products.
- Cost basis method: FIFO (First In, First Out) - each disposal matched to the earliest purchase of that asset.
- Tax forms: ITR-2 or ITR-3 with Schedule VDA. Earn interest reported under "Income from Other Sources."
- Filing deadline: 31 July of the assessment year (e.g., FY 2025-26 files by 31 July 2026).
From 75+ operations to Schedule VDA
The calculator parses all 75+ Binance operation types - spot trades, Earn subscriptions and redemptions, Savings interest, Launchpool rewards, dust conversions, distributions, and more. Each disposal in your selected Indian financial year gets a cost of acquisition, sale consideration, and gain calculation mapped to Schedule VDA.
Binance CSVs don't include USD spot prices for most tokens. Our engine automatically enriches every transaction with historical daily prices, then converts all values to INR using ECB exchange rates. The report includes a VDA gains table, crypto income summary, surcharge calculation, top assets by P&L, holdings, and a complete audit trail.
What Indian Binance users should know
Binance is the most popular crypto exchange among Indian traders, but it operates as a foreign platform with specific tax implications.
- No automatic TDS deduction: Unlike Indian exchanges (WazirX, CoinDCX), Binance does not deduct 1% TDS (Section 194S) on trades. You are responsible for paying advance tax quarterly when your VDA tax liability exceeds ₹10,000.
- INR trading pairs: Binance offers INR pairs through P2P, but the CSV exports values in the trade pair's quote currency (USDT, BTC, etc.). Our calculator converts all values to INR using historical rates.
- Binance Earn in India: Flexible Savings interest, Locked Savings rewards, and Launchpool distributions are crypto income. In India, this is taxed under "Income from Other Sources" at your slab rates, not the 30% VDA rate.
- Dust conversions (Small Assets to BNB): Converting small token balances to BNB is a taxable disposal of each token. These micro-trades are easy to miss manually but our parser catches all of them.
- No tax forms issued: Binance does not issue any Indian tax documents. No equivalent of a 1099, no TDS certificate, no Form 26AS entry for Binance trades. You must calculate and self-report everything.
- Binance.com vs WazirX: If you used WazirX before it separated from Binance, those are different platforms with different CSV formats. Upload only your Binance CSV here.
Related calculators and guides
Binance calculator: Binance Tax Calculator (all countries)
India calculator: India Crypto Tax Calculator (all exchanges)
Other exchanges in India:
Coinbase India ·
Kraken India