Indian Compliance & Tax

How do I report crypto gains in ITR-2 vs ITR-3?

In India, crypto gains are reported in Schedule VDA of your income tax return, and the form you use depends on how you hold the asset. ITR-2 suits you if crypto is an investment and you have no business income; ITR-3 applies if you trade as a business or have professional or business income. For example, an occasional investor selling once a year typically files ITR-2, while a frequent intraday trader generally files ITR-3. Either way, each Virtual Digital Asset disposal is listed individually in Schedule VDA at the flat 30 percent 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.