Crypto ITR · Panaji, Goa
File your ITR for cryptocurrency in Goa the right way — we report your Virtual Digital Asset income in Schedule VDA under ITR-2 or ITR-3, apply the 30% tax, claim your 1% TDS credit, and file and e-verify on time so your crypto return is complete and compliant.
Overview
If you have transacted in cryptocurrency, you must disclose it in your income tax return through Schedule VDA — and crypto income alone usually means you cannot use the simple ITR-1. The right return is normally ITR-2 (where you treat gains as capital gains) or ITR-3 (where it is business income).
We pick the correct form, report each transfer in Schedule VDA, apply the 30% rate, and claim the 1% TDS as a credit, reconciling with your computed crypto tax and your Form 26AS and AIS. Where peer-to-peer trades are involved, we tie in the 194S TDS position.
What's covered
Correct return selection and complete VDA disclosure.
Get a fixed-fee quote →Choosing ITR-2 or ITR-3 based on whether crypto is capital gains or business income.
Transaction-wise reporting of acquisition, transfer, cost, consideration and income.
Applying the flat 30% special rate to your VDA income with cess.
Claiming the 1% TDS deducted under Section 194S, including on P2P trades.
Combining salary, other capital gains and business income into one correct return.
Filing the return and completing e-verification, with refund tracking.
Our process
Send your crypto transactions and other income details.
We pick ITR-2 or ITR-3 and prepare Schedule VDA.
We apply the 30% tax and claim your TDS credit.
We file and e-verify the return before the due date.
Frequently asked questions
Yes. If you have held or transacted in Virtual Digital Assets, you are required to disclose the income in your return through Schedule VDA. Non-disclosure is risky, as the authorities receive extensive exchange and transaction data, and it can lead to penalties. We ensure your crypto is reported correctly.
Crypto income cannot be reported in the simple ITR-1. You generally file ITR-2 if you treat your gains as capital gains, or ITR-3 if your crypto activity amounts to business income. In both cases the income goes into Schedule VDA and is taxed at 30%. We select the right form for you.
Schedule VDA is the part of the return dedicated to Virtual Digital Asset income. It requires transaction-wise details — date of acquisition, date of transfer, cost of acquisition, sale consideration and the resulting income. We complete it accurately so your disclosure is correct.
Both are possible depending on the nature and frequency of your activity — occasional investors often report capital gains (ITR-2), while frequent or large-scale traders may report business income (ITR-3). The tax rate remains 30% under Section 115BBH either way. We advise the appropriate treatment.
The 1% TDS deducted under Section 194S appears in your Form 26AS and is claimed as a credit in your return against your 30% liability, with any excess refundable. This includes TDS on peer-to-peer trades where it has been correctly deposited. We reconcile and claim it.
Yes. Even where you made an overall loss you should disclose your VDA transactions in Schedule VDA, although crypto losses cannot be set off against other income or carried forward. Proper disclosure keeps your return accurate and reduces scrutiny risk.
Foreign exchange activity and certain foreign holdings may bring additional disclosure obligations, such as foreign asset reporting, on top of Schedule VDA. We assess your residential status and foreign reporting requirements and file the complete, correct return.
Book a free consultation and share your crypto and other income details. We select the correct ITR, complete Schedule VDA, apply the 30% tax, claim your TDS credit, and file and e-verify your return on time — on a transparent fee.
Related filings
Book a free consultation with a qualified Chartered Accountant in Goa. We'll report your VDA income in Schedule VDA and file on time — no obligation.