Derivatives

Crypto derivatives, segregated and computed two ways

Spot, INR-settled derivatives and USDT-settled derivatives are three separate ledgers and are never added together, because they are not taxed the same way. For the INR-settled ledger this page computes the same activity under both of the treatments a Chartered Accountant might adopt, and states the difference between them.

Derivatives ledger CSV The generic schema described in the template below. This page has no exchange-specific importer yet.

Your other income for the year (Rs) Everything you earned apart from this activity. Needed only for the speculative-treatment column, which is taxed at slab rates: what that income costs depends on the slab it lands in. Leave it blank and the page shows taxable income under each treatment but no tax comparison.

I am an individual or HUF below the turnover limits Selects the Rs 50,000 TDS threshold instead of Rs 10,000. The limits are business turnover up to Rs 1 crore, or professional receipts up to Rs 50 lakh, in the preceding year, with no income under the head profits and gains of business or profession.

The tax treatment of crypto derivatives in India is unsettled, and this page does not resolve it. Neither Act names a crypto derivative. This page therefore shows the same activity computed two ways — as a virtual digital asset under the governing Act, and as speculative business income — and states the arithmetic difference between them. It does not tell you which applies to you, and nothing on this page should be read as suggesting one.

Which treatment to adopt is a filing position. It is taken by you, on the advice of a qualified Chartered Accountant who has seen your full circumstances, and it may be examined by the department. Figures here are generated from what you upload, exclude surcharge, and exclude every consequence of a filing position other than the arithmetic shown. Confirm your position with a registered Chartered Accountant before relying on any figure on this page or in anything exported from it.

These figures are generated automatically from the information you provide, based on our reading of the applicable tax rules. They are for reference only and do not constitute tax advice. Please consult a registered Chartered Accountant before filing any return or relying on these numbers.