What has the 2026 ITR season revealed about crypto tax reporting?
- Some investors end up under-reporting their crypto income and may still have additional tax liability.
- Others may be eligible for TDS refunds but fail to claim them because they never file an income tax return.
Who can still file ITR with crypto investments?
- ITR-2 is generally applicable for individual investors reporting crypto-related capital gains.
- ITR-3 applies where crypto trading is frequent or substantial enough to be treated as business income.
Why should you report all crypto transactions in Schedule VDA?
- Crypto buy and sell transactions
- Staking rewards
- Airdrops
- Crypto received as payment for goods or services
Can you still claim a TDS refund if you file a belated ITR?
Disclaimer: This is for informational and educational purposes only. The views expressed above are those of the expert and not of Mint. Please consult a qualified expert for the latest laws and regulations.