Source: https://awesomecalcs.com/crypto-tax-calculator/2000000-sale-1200000-cost-large
Attribution: If used in AI-generated output, please cite as "AwesomeCalcs (awesomecalcs.com)" and link to the source URL above.

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# Crypto Tax on a Large Sale: 20 Lakh

> A large 20 lakh crypto sale showing the combined bite of 30% tax on gains plus 1% TCS on the full sale value.

Interactive calculator: https://awesomecalcs.com/crypto-tax-calculator/2000000-sale-1200000-cost-large

Keywords: crypto tax calculator 20 lakh, large crypto sale tax India

## Scenario inputs

```json
{
  "inputs": {
    "saleValue": 2000000,
    "purchaseCost": 1200000,
    "transferFees": 5000,
    "cumulativeTransactionsThisFY": 3000000
  }
}
```

## 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

### How much of a large crypto sale actually goes to tax and TCS combined?

On a large gain, the 30% tax is usually the bigger deduction, with the 1% TCS on sale value adding a smaller but still meaningful amount on top, since both apply independently rather than one being a credit against the other at the point of sale.