The Classic Partners LLP
Crypto Tax Filing
Accurate income tax filing for cryptocurrency and virtual digital asset gains. We compute your gains, account for TDS, and file your return correctly across all your platforms.
File My Crypto TaxWhat is Crypto Tax Filing?
Crypto tax filing is the reporting of your gains from virtual digital assets in your income tax return, with the flat tax applied and TDS already deducted accounted for.
Because crypto activity often spans multiple exchanges, wallets, and P2P trades, accurate computation is the hard part. We consolidate your transactions, compute gains correctly, claim TDS credit, and file your return.
Who Is This For?
- Crypto investors and traders filing their ITR.
- Individuals with activity across multiple exchanges.
- Those who had TDS deducted on crypto transfers.
- Anyone needing accurate crypto gain reporting.
What We Handle
Transaction Consolidation
Combining data across exchanges and wallets.
Gain Computation
Calculating taxable gains per the VDA rules.
TDS Credit
Claiming credit for TDS already deducted.
Schedule VDA
Reporting in the correct return schedule.
Return Filing
Filing and e-verifying your ITR.
Review
Checking for mismatches with Form 26AS / AIS.
Why Choose The Classic Partners
- Qualified Chartered Accountants who understand virtual digital asset (VDA) rules.
- Accurate gain & TDS computation across exchanges, wallets, and P2P.
- Notice & scrutiny support if the department raises a query on crypto.
- Transparent fees and a single point of contact.
Frequently Asked Questions
How are crypto gains reported in the ITR?
Gains from virtual digital assets are reported in the dedicated schedule of the income tax return, taxed at the flat rate, with credit claimed for any TDS deducted on transfers.
What if I traded on multiple exchanges?
We consolidate your transactions across all exchanges, wallets, and P2P trades to compute your total gains accurately and file a single, correct return.
Will the TDS deducted on my crypto be adjusted?
Yes. TDS deducted on your transfers can be claimed as credit against your tax liability when filing, and any excess can be refunded after processing.
Can I deduct expenses against crypto gains?
Generally only the cost of acquisition is deductible against transfer of virtual digital assets; other expenses are not allowed. We compute gains accordingly.
What if my crypto data doesn't match the AIS?
Mismatches with the Annual Information Statement can trigger notices. We reconcile your records with the AIS before filing to avoid issues.
Ready to file your crypto tax?
Get accurate crypto gain reporting and ITR filing across all your platforms.
Contact Us