Indian Compliance & Tax

How is profit from selling crypto taxed under Section 115BBH?

Under Section 115BBH, profit from selling crypto in India is taxed at a flat 30 percent, calculated as sale value minus cost of acquisition, with surcharge and cess applied on top. No deduction is allowed for expenses beyond acquisition cost, and losses from one VDA cannot be set off against gains from another. For example, buying a token for forty thousand rupees and selling for sixty thousand rupees produces a twenty thousand rupee gain, taxed at six thousand rupees before surcharge and cess. The holding period does not change the rate.

This is general information, not tax advice. Tax rules change and depend on your individual circumstances — verify the current rules or consult a qualified tax professional before acting.