Everything to tick off before you file crypto in your income tax return. Ticks are saved in this browser. Free, no sign-up. Updated 2026-10-22.

1. Pick the form

Use ITR-2 (investor, no business income) or ITR-3 (crypto traded as business). ITR-1 and ITR-4 cannot carry VDA income.
Confirm the return is for AY 2026-27 (transfers between 1 April 2025 and 31 March 2026).

2. Collect records

Tax / P&L statement for FY 2025-26 from every exchange you used.
Wallet histories for self-custody and transfers between platforms.
Form 26AS and AIS downloaded from the e-filing portal.
INR value at the time of every crypto-to-crypto swap (a swap is a transfer).
Records of airdrops, staking or mining rewards received.

3. Fill Schedule VDA

One row per transfer: date acquired, date transferred, head of income, cost of acquisition, sale consideration.
Deduct only the cost of acquisition. Fees and other expenses are not deductible.
Enter loss rows as nil. VDA losses cannot be set off against other gains or income, or carried forward.
Apply the flat 30% rate (plus surcharge if any and 4% cess). Holding period does not matter.

4. TDS credit

Match the 1% TDS in Form 26AS/AIS against each exchange statement.
Claim the TDS in the tax-paid schedule; it is credit, not an extra tax.
Note any mismatch and ask the exchange to correct its TDS return before filing.

5. Edge cases

Foreign platform holdings (residents): check whether Schedule FA disclosure applies.
Airdrops, staking and mining income: get advice on how to classify them.
Earlier years with unreported crypto: consider an updated return (ITR-U).

6. File and verify

Belated return for AY 2026-27: generally possible until 31 December 2026, with late fee and interest.
E-verify the return after filing (the return is not complete until verified).
Save the ITR-V acknowledgement and all statements with your records.

Sources

CBDT notification 46/2026 (ITR-2, AY 2026-27, Schedule VDA) https://www.incometaxindia.gov.in/documents/d/guest/notification-no-46-2026-pdf
Section 115BBH, Income Tax Department https://www.incometaxindia.gov.in/w/section-115bbh
Section 194S, Income Tax Department https://www.incometaxindia.gov.in/w/section-194s
PIB: Income-tax Act, 2025 effective 1 April 2026 https://www.pib.gov.in/PressNoteDetails.aspx?ModuleId=3&NoteId=155137&lang=2&reg=3
Income Tax e-filing portal https://www.incometax.gov.in/iec/foportal/

From 1 April 2026 the Income-tax Act, 2025 applies to new tax years; the 30% rule and 1% TDS carry over (sections 194 and 393). General information, not tax advice. btcmedia.news/tools/crypto-itr-checklist/

Updates to this page

Last updated 22 Oct 2026. We log every material change. Spot an error? See our corrections policy.

22 Oct 2026Published: printable AY 2026-27 checklist (print or save as PDF), based on our sourced Schedule VDA guide.

Crypto ITR filing checklist (AY 2026-27)