Are you confident in accurately reporting cryptocurrency earnings on your tax returns?

How do I report my CoinDCX taxes?

You can easily report your CoinDCX taxes by connecting your account to CoinTracker. CoinTracker automatically imports your CoinDCX trades, deposits, and withdrawals, calculates your profits and income, and generates fully compliant tax reports aligned with India's 30% VDA tax regime and international standards.

How do I connect my CoinDCX account to CoinTracker?

To add your CoinDCX transactions to CoinTracker:

  1. Download the CSV export of your transactions from CoinDCX

  2. Reformat those transactions into our CoinTracker CSV format (see our support guide here)

  3. Import your CSV export to CoinTracker here

How are CoinDCX transactions taxed?

Crypto transactions made through CoinDCX are taxable under Indian law.

Flat 30% tax: Any profits from selling, swapping, or spending crypto assets are subject to a flat 30% tax rate (plus applicable surcharge and cess) under Section 115BBH of the Income Tax Act.

No deduction of losses: Losses from crypto trading cannot be offset against gains from other assets or carried forward.

1% TDS (Tax Deducted at Source): CoinDCX deducts a 1% TDS on each crypto-to-crypto and crypto-to-fiat transaction under Section 194S.

CoinTracker tracks all your transactions and automatically applies India's VDA tax logic to simplify compliance and reporting.

Do I have to pay taxes on CoinDCX?

Yes. Under India's VDA tax framework, all crypto disposals are taxable events — even if you trade crypto-to-crypto. You must report:

  • Sales of crypto for INR

  • Swaps between cryptocurrencies (e.g., BTC/ETH)

  • Gains from airdrops, staking, or referral programs

CoinTracker automatically calculates your total taxable income and creates India-ready summaries to help you file your annual Income Tax Return (ITR).

Does CoinDCX provide tax documents?

Yes. CoinDCX provides transaction summaries, trade histories, and TDS certificates (Form 26AS) to help users track their crypto activity.

You can download your reports directly from CoinDCX and upload them to CoinTracker for automated gain and income calculations.

How to get your CoinDCX tax documents

  1. Log in to your CoinDCX account.

  2. Go to Profile → Reports → Transaction History.

  3. Select your date range or financial year.

  4. Click Download CSV to export your trades and TDS report.

  5. Upload the CSV to CoinTracker, or connect via API for automatic syncing.

When does CoinDCX issue Form 1099, 1099-B, or Indian equivalents?

CoinDCX does not issue U.S. tax forms such as 1099-MISC, 1099-B, or 1099-DA.

Instead, Indian users can download:

  • Transaction History Reports for calculating gains

  • Form 26AS (available via the Income Tax portal) to verify TDS deductions

CoinTracker uses this data to generate capital gains summaries and income reports compatible with India's ITR-2 or ITR-3 forms.

Why aren't my CoinDCX documents accurate?

Your CoinDCX exports may appear incomplete if they exclude:

  • Transfers to external wallets or DeFi platforms

  • Staking or reward income not reflected in your trading history

  • Historical trades before 2021 when record formats were different

CoinTracker consolidates your CoinDCX data with records from other exchanges and wallets to ensure your final report is complete and reconciled.

Does CoinDCX automatically deduct taxes?

Yes — partially. CoinDCX deducts 1% TDS from eligible transactions as required by law, but does not withhold the 30% income tax on your total gains.

You are responsible for paying the remaining tax amount during your annual filing.

CoinTracker helps by calculating your total gains, income, and TDS credit to make filing simple.

Does CoinDCX report to tax authorities?

Yes. CoinDCX complies with Indian AML/KYC and tax disclosure laws and reports user transactions to the Income Tax Department through the Statement of Financial Transactions (SFT) framework.

CoinTracker ensures your reports match this data, minimizing audit risk and ensuring full compliance.

Does CoinDCX provide financial or end-of-year statements?

Yes. You can download year-end summaries, trade exports, and interest reports from CoinDCX.

Upload these to CoinTracker to automatically generate capital gains, income summaries, and portfolio performance reports for your ITR filing.

Frequently asked questions

Get advice and answers from the CoinTracker team.

Calculate your CoinDCX taxes automatically with CoinTracker