Crypto Tax with Transfer Fees Deducted
A crypto sale showing how gas and exchange transfer fees reduce the cost basis and therefore the taxable gain.
Selling for ₹5,00,000 against a ₹2,90,000 cost of acquisition is a gain of ₹2,00,000, taxed at a flat 30% (₹60,000).
- Sale value
- ₹5,00,000
- Purchase cost
- ₹2,90,000
- Transfer fees
- ₹10,000
Net proceeds
No TCS₹4.4 Lakhs
₹4,40,000
₹2,00,000 gain, taxed at flat 30%
Gain
₹2 Lakhs
₹2,00,000
Tax payable (30%)
₹60,
TCS deducted (1%)
₹0
₹5.0L sale / ₹3.0L cost
₹4,35,000 net
₹2.0L sale / ₹3.0L cost
₹1,98,000 net
₹30.0K sale / ₹20.0K cost
₹27,000 net
₹5.0L sale / ₹2.9L cost
₹4,40,000 net
₹20.0L sale / ₹12.0L cost
₹17,41,500 net
Related questions
Senior Citizen Tax Calculator
Calculate income tax with senior and super senior citizen exemptions and the Section 80TTB deduction.
Income Tax Calculator
Compare your tax liability under the old and new regimes for FY 2025-26 side by side.
HRA Calculator
Calculate your HRA exemption for income tax purposes based on actual rent paid.
Tax Saving Calculator
See how much tax you can save by investing in 80C, 80D, and other deduction-eligible instruments.
VDA gains are taxed at a flat 30%, no expenses beyond cost of acquisition and transfer fees are deductible, and losses cannot be set off against other income or carried forward. This assumes gains are reported as capital gains, not business income.