In India, profits from cryptocurrencies are taxed at a flat 30%, the highest rate under the Income Tax Act.
Also, unlike other assets, crypto gains don’t even get basic tax benefits like exemptions, deductions, or set-off for losses.
To make things tougher, under-reporting or non-disclosure of crypto income can attract heavy penalties and, in extreme cases, even jail time.
Still, you can’t just ignore crypto.
Over 119 million Indians trade or invest in cryptocurrencies, with total investments exceeding $4.5 billion.
Despite the strict tax laws, the demand for crypto continues to grow. Why?
Because cryptocurrencies open doors to emerging tech-driven investments beyond traditional assets and make your portfolio more diverse.
So, the real question is:
How do you track your crypto taxes and stay compliant?
Well, in this article we’ll explore 5 best tools to track your crypto taxes in India and help you file your ITR.
But first, let’s understand how crypto taxation works in India.
Cryptocurrency Taxation in India
Crypto investments have had a rough ride in India.
They were banned in 2018, revived in 2020, and then hit with heavy taxes and no rebates in 2022.
How Income from Cryptocurrency is Taxed in India?
For Individuals:
- 30% tax on all gains
- 1% TDS on the total transaction amount if annual transactions exceed ₹50,000
For Businesses:
- 30% tax on all gains
- 1% TDS on the total transaction amount if annual transactions exceed ₹10,000
Additional Points:
- Crypto gifts worth more than ₹50,000 are taxable under “Income from Other Sources.”
- Losses from crypto cannot be set off against any gains, even within the same financial year.
How to file Cryptocurrency Taxes in India?
Option 1: Online Tax Filing
You can file directly through the Income Tax Department’s e-filing portal by selecting the online filing option and adding your crypto transactions under Schedule VDA.
The challenge with this method is that you need to manually enter the following details for each trade:
- Date of acquisition
- Date of transfer or sale
- Head of income (capital gains or business income)
- Cost of acquisition (in INR)
- Consideration received (in INR)
This method works fine if you have only a few transactions, but it can get time-consuming if you trade actively.
You can check out the complete step-by-step process here.
Option 2: Offline Filing Utility
If you have a large number of trades, the Offline Utility is a much faster option.
Start by downloading the Offline Utility from the Income Tax Department’s website.
Then generate a tax report using any crypto tax tracking tool, and simply copy and paste the information into the utility.
Once done, upload the generated file to the e-filing portal.
It’s an ultimate time-saver for frequent traders or high-volume investors.
You can check out the complete step-by-step process here.
How Crypto Tax tracking tools can help you?
If you trade on multiple exchanges or use different wallets, tracking everything manually becomes a real mess.
Also, the online tax filing process can be hectic if you have a lot of transactions.
That’s where crypto tax tracking tools make life easier.
They let you view all your transactions in one place, generate key reports like capital gains and profit & loss statements, and even help you file your ITR.
Now, let’s look at the 5 best tools to track your crypto taxes in India!
1. KoinX
KoinX is an Indian crypto tax tracking platform which also serves in the USA, the UK, and Australia.
With over 800 integrations, KoinX connects seamlessly with popular exchanges, DEXs, blockchains, and wallets.
KoinX helps you analyse portfolio performance, categorise crypto transactions and track taxes as well as TDS automatically. You can generate nine types of tax reports and even chat with an AI tax assistant for quick guidance.
KoinX also lets you customise tax settings, such as, choose your preferred accounting method, transaction treatment, and more.
If you need expert help, KoinX provides access to a directory of CAs and even offers end-to-end tax filing services.
While KoinX also allows users to track transactions and generate reports for free, you’ll need a paid plan to export reports.
Key Features
- Accurate capital gains preview for every crypto transaction.
- Easy transaction sorting by category or type.
- Detailed tax reports for filing or claiming TDS.
- Verified CA directory for tax optimisation.
- Expert support for ITR filing and TDS compliance.
Pricing
KoinX offers four flexible plans, with pricing based on the number of transactions.
Plans:
- Crypto Tax Reports: ₹115/year (up to 10 transactions)
Ideal for DIY users who want to track gains and generate tax reports. - Crypto Tax Reports + Crypto ITR Filing: ₹1,840.80/year (up to 10 transactions)
Includes ITR filing for crypto, rental income, and income from other sources. - Crypto Tax Reports + Salary ITR Filing: ₹2,890.40/year (up to 10 transactions)
Adds salary and derivatives filing on top of the previous plan. - Crypto Tax Reports + Comprehensive ITR Filing: ₹4,090.40/year (up to 10 transactions)
Covers complete ITR filing.
2. Koinly
Koinly helps users in more than 20 countries generate over 10 types of detailed crypto tax reports.
It’s known for being simple, affordable, and reliable, which makes it perfect for anyone who wants to manage crypto taxes without complexity.
Koinly integrates with more than 900 crypto platforms, including exchanges, blockchains, and wallets.
You can track your portfolio and taxes for free, but downloading reports requires a paid plan.
It also lets you adjust tax settings, such as accounting methods and transaction treatments, to match your local tax rules.
A useful feature is its daily sync add-on, available across all plans. It automatically checks and adds new transactions from up to 100 wallets for a year, making it easier to keep your tax data accurate and up to date.
However, Koinly is focused purely on reporting and tax optimisation. It doesn’t assist with tax filing or TDS compliance.
Key Features
- 10+ detailed tax reports to simplify filing and record-keeping.
- Advanced filters to sort and review transactions in multiple ways.
- Auto-sync add-on for live portfolio and transaction updates.
- Multi-country report downloads for users managing taxes across regions.
- Expert support to help you import and reconcile all your crypto transactions.
Pricing
All plans include unlimited revisions, unlimited wallets, comprehensive tax reports, and basic portfolio tracking. The only difference is the number of transactions supported.
Plans:
- Newbie (up to 100 transactions): ₹490/year
- Hodler (up to 1,000 transactions): ₹1,990/year
- Trader (up to 3,000 transactions): ₹2,990/year
- Pro (up to 10,000 transactions): ₹3,990/year (₹100 extra for every additional 1,000 transactions beyond 10,000)
Add-ons:
- Daily Sync: ₹490/year
- Dual Nationality Support: ₹490/year
- Expert Review: ₹29,999/year
Note: The Expert Review helps you export data and check for reporting errors. It’s not a tax consultancy service.
3. CryptoTaxCalculator
CryptoTaxCalculator is an Australia based crypto tax tracking tool which now supports users in over 190 countries, including India.
With over 3,500 platform integrations, it’s one of the most versatile crypto tax tools for traders dealing with global exchanges, wallets and tax systems.
You can track taxes, optimise for savings, and even use its audit features to ensure your filings are error-free.
CTC focuses on accuracy and simplicity, making it equally useful for beginners and experienced traders.
While the interface is clean and beginner-friendly, CTC also supports keyboard shortcuts for faster bulk edits, ideal for expert users handling large volumes of transactions.
The best part is:
You can track your entire portfolio, profit and loss, and tax liabilities in one dashboard!
You can also get a free tax preview, but full access and continued use requires a paid plan.
Note: CryptoTaxCalculator is rebranding to Summ.
Key Features
- Audit-ready reports to double-check accuracy before filing.
- Advanced tax reports for detailed breakdowns of profits and liabilities.
- Automatic on-chain tracking for seamless transaction updates.
- Full DeFi and NFT support across major platforms.
Pricing
Auto-syncing of transactions starts with the Hobbyist plan, while tax optimisation tools and advanced tax reports are available only in the Investor and Trader plans.
The Trader plan also includes priority support.
Plans:
- Rookie (up to 100 transactions): ₹199
- Hobbyist (up to 1,000 transactions): ₹999
- Investor (up to 10,000 transactions): ₹1,999
- Trader (up to 1,00,000 transactions): ₹4,999
4. Kryptos
Kryptos is a powerful tool to track your crypto portfolio and taxes, error free.
It was founded by Naimish Sanghvi, a prominent figure in India’s crypto community and the founder of CoinCrunch, a popular crypto media platform that has also expanded into a B2B intelligence platform for blockchain-based businesses.
Kryptos currently operates over 28 countries and offers integrations with more than 5,000 crypto platforms, the highest in the industry.
With Kryptos, you can track all your crypto transactions, generate tax reports for current and previous years, and minimise taxes using smart algorithms.
Kryptos stands out for its error detection and handling features, helping users identify and fix transaction mismatches quickly.
You can use Kryptos for free to track up to 100 transactions and generate the current year’s tax report, though exporting reports and other features require a paid upgrade.
Key Features
- Automatic gain and loss tracking for portfolio and tax liability in India.
- Error detection and reconciliation to fix transaction mismatches instantly.
- Accurate tax report generation compliant with Indian tax regulations.
- Automatic monitoring for staking, DeFi, and multi-chain activities.
Pricing
You get access to most features even on the Hobbyist plan, but Auto Sync, and NFT tracking start with the Starter plan.
Historical tax reports are included with Pro and Pro+ plans.
Plans:
- Hobbyist (up to 300 transactions): $39 (~₹3,500)
- Starter (up to 1,000 transactions): $69 (~₹6,200)
- Pro (up to 2,500 transactions): $129 (~₹11,500)
- Pro+ (up to 10,000 transactions): $249 (~₹23,000)
5. Cryptact
Cryptact is Japan’s leading crypto tax platform.
They started serving Indian users in July 2025.
Cryptact supports API connections with 156+ crypto exchanges, including WazirX, CoinDCX, Binance, and ZebPay.
For platforms not directly supported, you can upload CSV files manually, making its coverage effectively unlimited.
What makes Cryptact especially appealing for Indian users is its one-year free plan. You can access all features and manage up to 10,000 transactions completely free for 12 months.
However, keep in mind that Cryptact focuses solely on tax report generation, it doesn’t provide tax optimisation or filing assistance.
Key Features
- Support for unlimited exchanges & wallets so you can pull in data from everywhere.
- Live-portfolio overview to view balances, current prices and unrealised gains at a glance.
- INR-based tax reporting and settings tuned to Indian tax rules.
- Automated classification of DeFi, NFT and on-chain transactions.
- Custom transactions to manually add, edit, or import data from unsupported platforms for complete tax accuracy.
Pricing
You can access all features free for 12 months, with support for up to 10,000 transactions.
Final Thoughts
All these tools are amazing when it comes to tracking your crypto taxes and transactions.
Let me help you pick one really quick!
If you want end-to-end assistance with filing your ITR, use KoinX.
If you want dedicated tracking with tax optimisation and prefer DIY filing, go with Koinly.
If you trade on multiple platforms, including less popular ones, and want to go a step further with reconciling and validating all your transactions, choose between CryptoTaxCalculator and Kryptos.
If you want to save money while filing crypto taxes, Cryptact is free for one year.
Hope this helps you make the right choice!
