> ## Documentation Index
> Fetch the complete documentation index at: https://guides.koinx.com/llms.txt
> Use this file to discover all available pages before exploring further.
# Schedule VDA Report - India
> Learn how the Schedule VDA Report organises your India crypto tax disposals to match ITR portal fields so you can report every taxable virtual digital asset transaction correctly.
* Schedule VDA is the section in Indian ITR forms where crypto gains must be reported
* This report lists all capital gains transactions from crypto disposals, structured to match ITR portal fields
* Gains are taxed at 30% flat rate plus 4% cess (31.2% effective), with no deductions except cost of acquisition
* Losses cannot offset other gains and cannot be carried forward under Section 115BBH
* For futures and options trades, use the Schedule VDA Derivatives Report instead
If you are filing your Income Tax Return in India and have traded crypto, you must report those transactions under Schedule VDA (Virtual Digital Assets). The Schedule VDA Report from KoinX provides a structured summary of all your taxable crypto transfers during the selected financial year.
This report is designed to match the fields required in the Schedule VDA section of the ITR portal, making it easier for you or your CA to enter the required information while filing taxes.
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## What Is Schedule VDA?
Schedule VDA (Virtual Digital Assets) is the section in the Indian Income Tax Return where taxpayers report capital gains from crypto transactions.
Transactions that fall under Schedule VDA include selling crypto for fiat currency, crypto-to-crypto swaps, selling NFTs, and any disposal of virtual digital assets.
Under Section 115BBH, gains from VDA transfers are taxed at a 30% flat tax rate plus 4% health and education cess, for a total effective rate of 31.2%.
Important rules under Section 115BBH: no deductions are allowed except cost of acquisition, losses cannot be set off against other gains, and losses cannot be carried forward.
***
## Report Overview
The Schedule VDA Report contains two main parts:
| Section | Purpose |
| ------------------------- | ----------------------------------------- |
| Report Header | Displays report metadata and user details |
| Schedule VDA Transactions | Lists each taxable crypto disposal |
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## 1. Report Header
The header section displays basic report details.
| Field | Description |
| ------------------- | ------------------------------------------- |
| Name | User name associated with the KoinX account |
| Report Generated On | Timestamp when the report was created |
| Period | Financial year covered |
| Accounting Method | Cost accounting method used |
| Currency | Reporting currency |
| Country | Tax jurisdiction |
**Example:**
Name: Harsh Bhardwaj | Report Generated On: 10-March-2026 | Period: Financial Year 2024-25 | Accounting Method: First-in First-out (FIFO) | Currency: INR | Country: INDIA
***
## 2. Schedule VDA Transactions
This section lists all taxable crypto transfers during the financial year. Each row represents a capital gain event.
### Columns in the Report
| Column | Meaning |
| ---------------------- | --------------------------------------------- |
| Sl no | Serial number of the transaction |
| Particulars | Name of the crypto asset |
| Date of acquisition | When the crypto asset was originally acquired |
| Date of transfer | When the asset was sold or swapped |
| Head of income | Income classification (usually Capital Gains) |
| Cost of acquisition | Purchase price of the asset |
| Consideration received | Sale value received |
| Income from VDA | Profit generated from the transaction |
***
## Example Transactions
| Sl no | Particulars | Date of acquisition | Date of transfer | Head of income | Cost of acquisition | Consideration received | Income from VDA |
| ----- | ----------- | ------------------- | ---------------- | -------------- | ------------------- | ---------------------- | --------------- |
| 1 | ZK | 24-06-2024 | 24-06-2024 | Capital Gains | 7700 | 7721 | 21 |
| 2 | ZK | 24-06-2024 | 01-07-2024 | Capital Gains | 7700 | 8188 | 488 |
| 3 | USDT | 26-06-2024 | 01-07-2024 | Capital Gains | 6 | 6 | 0 |
| 4 | USDT | 27-06-2024 | 01-07-2024 | Capital Gains | 1 | 1 | 0 |
Each row represents a separate taxable transfer that must be reported in Schedule VDA.
***
## Understanding Income from VDA
The Income from VDA column represents the taxable profit from each transaction.
**Formula:** Income from VDA = Consideration Received minus Cost of Acquisition
| Cost of Acquisition | Sale Value | Income from VDA |
| ------------------- | ---------- | --------------- |
| ₹1 | ₹3 | ₹2 |
This ₹2 represents the taxable capital gain.
***
## Important Note About Brokerage
Cost of acquisition excludes brokerage and other trading fees. The purchase value in the report does not include exchange fees unless you enable the setting to offset brokerage in cost basis under Tax Settings.
***
## Capital Gains vs Business Income
Crypto income can be classified in two ways.
**Capital Gains** (default for most users): taxed at 30% flat rate, no deductions except cost of acquisition, simpler compliance, usually filed using ITR-2 or ITR-3.
**Business Income**: taxed at 30% flat rate, requires ITR-3, suitable for professional traders.
Most individual investors report crypto gains as capital gains under Schedule VDA.
***
## How to Use This Report While Filing ITR
Download the Schedule VDA Report from KoinX.
Navigate to the Schedule VDA section in your ITR form.
Enter date of acquisition, date of transfer, cost of acquisition, consideration received, and income from VDA for each transaction.
Confirm the values match the report exactly before submitting.
If you are filing through a CA, simply share the report PDF.
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## TDS Under Section 194S
Indian exchanges deduct 1% TDS on crypto sales. This TDS appears in Form 26AS and AIS, and can be claimed as a tax credit while filing ITR.
TDS is not deducted from Sale Value in Schedule VDA reporting. You must report the gross sale value. Do not subtract TDS from Consideration Received.
***
## Frequently Asked Questions
It is the total value received when selling the crypto asset, not your profit.
No. Profit = Consideration Received minus Cost of Acquisition.
Schedule VDA requires transaction-level reporting, so each crypto disposal must be recorded individually.
No. Under Section 115BBH, crypto losses cannot offset gains from crypto or other income, and losses cannot be carried forward to future years.
***