Will the 1% TDS be applied to the amount after I transfer the money from CoinDCX to my bank account or will it be applied to every trade that I do?
Updated
When you sell any crypto asset, TDS will be applied to that transaction. To check the TDS deductions before selling, simply click on the (i) button available on the SELL ORDER screen.
Furthermore, you can easily view the TDS deductions for each transaction by visiting the "Order Details" page.
You won't need to pay TDS again when withdrawing INR from your CoinDCX wallet to your bank account. That's because you've already paid the TDS when you sold your crypto assets and received INR in your wallet.
For visual assistance, please refer to the provided images for a clearer understanding.
