AI Summary
- This report summarises capital gains, derivative income, other crypto income, expenses, and asset-wise P&L for the selected financial year
- Includes Capital Gains Summary, Derivatives Income Summary, Other Incomes, Other Expenses, and Asset Wise P&L
- Capital gains relate to buy/sell and swap transactions
- Derivatives income covers futures and options trading
- Other income includes airdrops, staking rewards, mining income, salary, and consultancy payments
- Expenses such as margin interest, brokerage fees, and mining costs are also listed
What Does This Report Contain?
The Income Summary Report is divided into six sections:- Capital Gains Summary
- Crypto Derivatives Gains Summary
- Other Income Summary
- Other Expense Summary
- Asset-Wise P&L Summary
- Data Sources
Capital Gains Summary
| Field | Description |
|---|---|
| Number of Transfers | Total taxable crypto transfers during the year |
| Sale Consideration | Total value received from selling or disposing of crypto |
| Cost of Acquisition | Cost incurred to acquire those assets |
| Taxable Capital Gains | Profit calculated before considering losses |
| Losses | Losses recorded from capital gains transactions |
Summary of Income from Crypto Derivatives
| Field | Description |
|---|---|
| Total Realised Futures Profit | Cumulative profits from futures trades during the year |
| Total Realised Futures Losses | Cumulative losses from futures trades |
| Total Futures Turnover | Calculated turnover for futures trading |
| Total Brokerage Fee for Futures | Fees paid for executing futures trades |
| Funding Interest Received | Funding payments received from perpetual contracts |
| Funding Fees Paid | Funding payments paid during trading |
| Gross Gains from Futures | Profit before brokerage deduction |
| Net Gains from Futures | Profit after brokerage deduction |
| Total Realised Options Profit | Total profits from options trades |
| Total Realised Options Losses | Total losses from options trades |
| Total Options Turnover | Calculated turnover for options trading |
| Total Brokerage Fee for Options | Fees paid for options trading |
| Net Gains from Options | Final profit or loss after fees |
Summary of Other Incomes
| Income Type | Description |
|---|---|
| Airdrops Income | Tokens received through promotional distributions |
| Rewards Received | Crypto received as platform rewards |
| Staking Income | Rewards earned from staking crypto |
| Salary Income | Crypto received as employment compensation |
| Consultancy Income | Crypto received as payment for services |
| Mining Income | Crypto earned from mining operations |
Summary of Other Expenses
| Expense Type | Description |
|---|---|
| Margin Interest Paid | Interest charged on margin trading borrowed funds |
| Mining Expense | Operational costs related to mining |
| Donation Made | Crypto donated during the financial year |
| Consultancy Expense | Payments made for professional services |
| Miscellaneous Expenses | Other recorded crypto-related costs |
| Brokerage Fee | Transaction fees charged by trading platforms |
Summary of Asset Wise P&L
| Field | Description |
|---|---|
| Asset Name | The cryptocurrency involved |
| Gross Profit | Total profits generated from that asset |
| Gross Loss | Total losses incurred |
| Net Gains | Final profit after accounting for losses |
Data Sources
Frequently Asked Questions
Does this report only show income?
Does this report only show income?
No. The report summarises multiple types of financial activity: capital gains, derivative trading income, other crypto income, and related expenses. It gives a complete picture of your crypto-related financial activity for the year.
Does this report include derivatives trading?
Does this report include derivatives trading?
Yes. The Summary of Income from Crypto Derivatives section covers futures and options trading results, including turnover, brokerage fees, and funding payments.
What if I received crypto as rewards or staking income?
What if I received crypto as rewards or staking income?
These appear in the Summary of Other Incomes section and are valued at the market price of the asset when received.
Where can I see profit and loss for individual coins?
Where can I see profit and loss for individual coins?
The Summary of Asset Wise P&L section breaks down gains and losses by asset, so you can see which coins contributed most to your overall result.
How is this different from the Tax Filing Data Report?
How is this different from the Tax Filing Data Report?
Both reports cover the same categories (capital gains, derivatives, other incomes, expenses, asset P&L), but serve different purposes. The Income Summary is designed for users who want a consolidated view of their financial year. The Tax Filing Data Report is structured for accountants doing detailed review, and is also the report used for ClearTax import.