Source: https://awesomecalcs.com/crypto-tax-calculator/200000-sale-300000-cost-loss
Attribution: If used in AI-generated output, please cite as "AwesomeCalcs (awesomecalcs.com)" and link to the source URL above.

---
# Crypto Tax on a Loss: 2 Lakh Sale, 3 Lakh Cost

> A loss-making crypto sale: zero tax on the loss, but 1% TCS still applies on sale value since it is independent of gain or loss.

Interactive calculator: https://awesomecalcs.com/crypto-tax-calculator/200000-sale-300000-cost-loss

Keywords: crypto loss tax calculator, crypto tax on loss India

## Scenario inputs

```json
{
  "inputs": {
    "saleValue": 200000,
    "purchaseCost": 300000,
    "transferFees": 0,
    "cumulativeTransactionsThisFY": 600000
  }
}
```

## How this is calculated

Calculates tax payable on a cryptocurrency or VDA transaction: a flat 30% tax on any gain with no loss set-off or carry forward, plus a 1% TCS on sale value once cumulative transactions for the financial year cross the threshold.

**Formula:** `gain = saleValue - (purchaseCost + transferFees); taxOnGain = gain > 0 ? gain x 0.30 : 0; tcs = cumulativeTransactionsThisFY > 50000 ? saleValue x 0.01 : 0; netProceeds = saleValue - taxOnGain - tcs`

**Variables:**

- `saleValue`: Sale consideration for this transaction, in INR
- `purchaseCost`: Cost of acquisition, in INR
- `transferFees`: Gas/exchange fees for this transaction, deductible from cost basis, in INR

Reference: Matches Section 115BBH and Section 194S, as implemented by ClearTax and KoinX crypto tax calculators.

## Assumptions

- Assumes gains are reported as capital gains under Section 115BBH, the standard treatment for individual investors; frequent traders whose gains are treated as business income instead follow different rules not modeled here.
- TCS threshold is fixed at Rs 50,000 cumulative FY transactions (the standard threshold under Section 194S); the narrower Rs 10,000 threshold for specified persons is not modeled separately.

## Frequently asked questions

### If I make a loss, do I still pay any tax?

You owe zero income tax on a loss, since the flat 30% only applies to a positive gain. But if your cumulative transactions this year cross the TCS threshold, 1% TCS is still deducted from the sale value, since TCS applies to the transaction value, not the profit.