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The Classic Partners LLP · Crypto Tax Filing

Crypto Tax Filing and Cryptocurrency Income Reporting

Expert crypto tax compliance — report your gains, losses and holdings with full detail, claim every eligible deduction, and stay audit-ready.

Quick answer

Crypto Tax Filing handles the reporting of all your cryptocurrency gains, losses, mining income, staking rewards and holdings to the Income Tax Department. Every transaction is documented, loss carry-forwards are tracked, and your return is matched against exchange data and blockchain records the department increasingly cross-checks.

What we cover

Complete crypto tax coverage

Whether you trade actively or hold long-term, our team reports every aspect of your crypto activity with full audit trail.

  • Capital gains on crypto sales and swaps
  • Mining and staking income recognition
  • Loss carry-forwards and offset planning
  • Foreign exchange (FEMA) compliance
  • Gift and inheritance tax reporting
  • Cryptocurrency holdings disclosure
  • Transaction-by-transaction documentation
Key components

What this service includes

The core elements of Crypto Tax Filing work.

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Gains & Losses

Every buy, sell and swap recomputed with correct cost-basis and matched to your actual portfolio.

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Mining & Staking

Mining rewards recognised as income at FMV on receipt; staking income tracked and reported annually.

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Loss Carry-forward

Unused losses tracked for up to 8 years and optimised for offset in future years.

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FEMA & Foreign Assets

Holdings and transfers reported under Schedule FA with exchange data cross-checked.

How we work

Our process

From initial consultation to completion.

1

Engagement & Scope

Understand your situation and define the scope of work and deliverables.

2

Analysis & Strategy

Review your existing filings, identify issues and develop a corrective strategy.

3

Implementation

Execute filings, submissions and required responses with full documentation.

4

Completion & Support

Deliver final work, support any follow-up and integrate with ongoing compliance.

Why choose us

Why we lead in Crypto

What sets our approach apart.

Full audit trail

Every transaction documented with exchange exports, blockchain verification and cost records.

Department-ready

Returns prepared so they match the exchange and blockchain data the IT department now cross-checks.

Long-term strategy

Loss carry-forwards and regime choice optimised across years, not just one filing.

FAQs

Crypto Tax Filing questions answered

What people ask before engaging us.

Capital gains on the sale or swap of crypto are taxable. Mining and staking rewards are recognised as income at fair market value on receipt. Gifts and inheritances may have separate compliance under Section 56. Holding crypto without transacting usually has no tax consequence until sale.
Consolidate all transactions across exchanges into a single reconciliation. We aggregate data from each exchange's API or export, reconcile with your cost records, and report total gains and losses on one ITR.
Yes. Losses from capital transactions can be carried forward for up to 8 years under Section 74. Losses are tracked and offset against future gains in the order you specify.
Holdings above a certain threshold may need to be disclosed under Schedule FA as foreign assets if held in overseas accounts. Domestic holdings on Indian exchanges do not require separate disclosure if gains are reported.

Ready for expert Crypto support?

Let our team help you navigate this process with clarity and confidence.

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