What is TDS on crypto in India?

TDS (Tax Deducted at Source) on crypto in India is governed by Section 194S of the Income Tax Act, effective from July 1, 2022. 1% TDS is deducted on every qualifying crypto sale transaction once your annual cumulative sales exceed ₹50,000 (for specified persons who file ITR) or ₹10,000 (for others). This TDS is deducted on the full sale value — not profit — and is an advance tax credited against your final 30% income tax liability.

Does CoinDCX deduct 30% tax?

No — CoinDCX deducts only 1% TDS (not 30%). The 30% income tax under Section 115BBH is NOT deducted by any exchange. You calculate and pay the 30% tax yourself when filing your ITR. CoinDCX deducts 1% TDS on qualifying sales above the ₹50,000 threshold, which appears in your Form 26AS as advance tax credit.

How to claim crypto TDS refund?

TDS refund can be claimed via ITR filing if TDS deducted exceeds your actual crypto tax liability. Steps: (1) Check Form 26AS for all TDS entries. (2) In ITR Schedule VDA Part B, list all TDS deductions. (3) The system calculates net tax payable — if TDS > tax liability, the difference shows as refund. (4) Select bank account for refund. (5) Refunds are typically credited within 30-90 days of ITR filing.

What is Form 26QE and when do I need it?

Form 26QE is filed by the buyer in P2P crypto transactions to deposit the 1% TDS. Also used for self-depositing TDS on foreign exchange transactions where the platform does not auto-deduct. File within 30 days of the end of the month in which the transaction occurred. Late filing: 1.5% interest per month + up to ₹1,00,000 penalty under Section 271H.

Does the ₹50,000 TDS threshold reset every year?

Yes. The ₹50,000 TDS threshold resets on April 1 each financial year. April sales start a fresh cumulative count. The threshold is cumulative across ALL exchanges combined — not per-exchange. If you trade on CoinDCX and Binance India, your combined sales count toward the ₹50,000 threshold, even though each exchange tracks only its own transactions.

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Crypto TDS India 2026 — Section 194S, 1% Tax, Thresholds, Form 26QE Guide

India में crypto TDS का complete guide — Section 194S, ₹50,000 threshold, exchange TDS, P2P Form 26QE, TDS refund claim, और real examples।

India में Crypto TDS क्या है? — Section 194S की जानकारी

TDS on crypto Section 194S के under July 2022 से। 1% TDS sale value पर — profit पर नहीं। यह advance tax है, ITR में credit होती है। Final crypto tax 30% separate है। P2P और foreign exchanges पर compliance आपकी responsibility है।

TDS Flow — Exchange vs P2P

Exchange पर TDS automatic होता है। P2P पर buyer की जिम्मेदारी है।

🏦 Exchange (Automatic)

Crypto बेचें

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Exchange 1% TDS काटता है

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Government को जमा

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Form 26AS update

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ITR में claim

✅ No manual action needed — CoinDCX, Binance India, Zebpay, WazirX सब auto deduct करते हैं।

🤝 P2P Trade (Manual)

Buyer seller को pay करे

→

Buyer 1% TDS काटे

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Form 26QE भरें

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30 दिन में Govt को दें

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Seller के 26AS में credit

⚠ Manual obligation — default पर equal penalty + 1.5% interest/month लगता है।

Key takeaway: Exchange sale में TDS आपके net proceeds से auto-deduct होता है। P2P में buyer जिम्मेदार है — seller नहीं।

TDS Threshold — ₹50,000 बनाम ₹10,000: आप पर कौन Apply होती है?

Specified persons (ITR filers, income > exemption limit) → ₹50,000 threshold। Others → ₹10,000। Cumulative annual sales track होती हैं। Multiple exchanges = combined sales count। Threshold cross होने पर all subsequent sales पर 1% TDS।

TDS कैसे Deduct होती है — Indian Exchange, P2P, Foreign Exchange

Indian exchanges — TDS auto-deduct, Form 26AS में appear। P2P — buyer deduct करता है, Form 26QE से 30 days में deposit। Foreign exchanges — आपको खुद self-deposit करना है। Non-compliance पर penalty।

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TDS Tracker खोलें

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क्या CoinDCX 30% Tax Deduct करता है? — Common Misconception

CoinDCX सिर्फ 1% TDS deduct करता है — 30% income tax नहीं। 1% TDS advance tax है (Form 26AS में)। 30% tax आप खुद ITR में calculate और pay करते हैं। यह सबसे common misconception है।

Crypto TDS Refund कैसे Claim करें — Step-by-Step

TDS credit claim करना: Form 26AS check करें → Schedule VDA Part B में entries → ITR system automatically credit calculate करेगा। Refund तब मिलती है जब TDS > actual tax liability। 30-90 days में process होती है।

CoinDCX पर trading शुरू करें — India का trusted exchange

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Form 26QE — P2P TDS के लिए Filing Guide

Form 26QE filing: TIN-NSDL → Form 26QE → buyer PAN → seller PAN → transaction details → 1% TDS amount → online payment। Challan save करें। Deadline miss = 1.5%/month interest + Section 271H penalty।

TDS Compliance — 2026 के लिए Practical Tips

TDS tracking tips: CryptoSahiHai TDS Tracker use करें (₹40K alert)। Quarterly TDS certificates download करें। Form 26AS 2-3 months में check करें। AIS से reconcile करें। P2P Form 26QE 30-day calendar reminder set करें।

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