Crypto tax reporting in India

How are acquisition costs treated?

Schedule VDA records acquisition cost and consideration for each transfer. The cited form does not prescribe a universal FIFO matching rule. [1] [2]

What records should you collect?

Transfer and acquisition dates, INR consideration, documented acquisition cost and income classification. [1] [2]

How should you prepare your records?

1. Separate transfers for FY 2025–26 from the AY 2026–27 return in which that period is reported. Retain the acquisition date and documented acquisition cost behind each transfer.
2. Organise INR consideration and income classification for Schedule VDA. Do not infer a statutory FIFO election from a software matching option or from the layout of the form.
3. Review whether ITR-2 or ITR-3 applies to your income profile. Reconcile VDA loss restrictions and tax deducted at source separately before preparing the applicable return.

Official sources: [1] [2]

Where is crypto reported?

Eligible non-business individuals use ITR-2; business/professional income can require ITR-3. Complete the applicable Schedule VDA. [1] [2]

Which situations need separate review?

VDA loss restrictions and tax deducted at source need separate reconciliation. A software matching default is not a statutory election. [1] [2]

What should you check before filing?

A net portfolio profit figure does not replace the transaction-wise information requested in Schedule VDA. [1] [2]

Check product scope

The guide describes published reporting rules. Available outputs depend on country, year and supported inputs. Review the product page and preview before relying on any generated records.

About this guide

DYOR.tax compiled this guide from the tax-authority publications below. It covers selected reporting rules for resident individuals holding crypto on their own account. It is not a complete tax return or a description of everything DYOR can generate. Rates, thresholds, filing deadlines and business rules require separate checks. The reference period is the income period, not a filing deadline. The checking date is not the effective date of a law.

Cite this guide

Credit DYOR.tax for this synthesis and the linked authority for the underlying rule. Include the reference period and source-checking date. Sources keep their original publication titles.

DYOR.tax. “Crypto tax reporting in India.” FY 2025–26 / AY 2026–27. Sources checked: 2026-09-13. https://dyor.tax/in/crypto-tax-reporting