Can't find what you're looking for?

Ask a question

Search Results (1.2K)

Relevance
Selected Relevance
C
Is TDS applicable on Crypto Deposits and Withdrawals?

No. TDS is not charged on Crypto Deposits & Crypto Withdrawals

Knowledge Base Article

 • 

Tax Deducted at Source (TDS)

C
Who deducts the 1% TDS?

CoinDCX deducts the applicable TDS from eligible transactions and deposits it with the Government of India on your behalf.

Knowledge Base Article

 • 

Tax Deducted at Source (TDS)

C
Where can I view my TDS deductions?

You can view TDS deductions in your order details. On the Order Form, you can click on Info or Fee Breakdown. Review the charges applied to the transaction, including TDS (if applicable). If you'd like to view a consolidated summary of your TDS deductions, you can download the TDS Summary Report fro

Knowledge Base Article

 • 

Tax Deducted at Source (TDS)

C
Is TDS applicable on SIP purchases?

No. TDS is not applicable when purchasing crypto through SIP installments. However, when you later sell the crypto purchased through SIP, applicable TDS will be deducted on the sale transaction.

Knowledge Base Article

 • 

Tax Deducted at Source (TDS)

C
How is TDS calculated?

For INR Trading Pairs. TDS is calculated at 1% of the sell order value. Example: Sell Value = ₹2,000 TDS = 1% of ₹2,000 TDS Deducted = ₹20 The remaining amount is credited after deducting applicable trading fees, GST, and TDS. ​ For Crypto-to-Crypto (C2C) Trading Pairs. TDS is calculated on the net

Knowledge Base Article

 • 

Tax Deducted at Source (TDS)

C
Since when has TDS been applicable to crypto trading?

TDS has been applicable to eligible crypto transactions from 1st July 2022.

Knowledge Base Article

 • 

Tax Deducted at Source (TDS)

C
My token was delisted and converted to USDT. Will TDS be deducted?

If a delisted token is converted to USDT as part of the delisting process, applicable TDS may be deducted as per prevailing tax regulations before the proceeds are credited to your account.

Knowledge Base Article

 • 

Tax Deducted at Source (TDS)

C
What if the amount matches in my TDS Certificate but not on the Income Tax Portal?

If the TDS amount matches in your Trade Report and TDS Certificate but differs from what you see on the Income Tax Portal, there is generally no impact on your ability to claim the TDS. This is because the Income Tax Portal may display the cumulative TDS credited against your PAN for the financial y

Knowledge Base Article

 • 

Tax Deducted at Source (TDS)

C
What is the TDS rate applicable to crypto trading?

A TDS of 1% is applicable on eligible crypto transactions from 1st July 2022 onwards, as per government regulations.

Knowledge Base Article

 • 

Tax Deducted at Source (TDS)

C
Is TDS applicable on every crypto transaction?

TDS applicability depends on the type of transaction: INR Trading Pairs, TDS is applicable on all sell orders in Spot and Insta markets. Crypto-to-Crypto (C2C) Trading Pairs, TDS is applicable on both sides of the trade because one crypto asset is being exchanged for another

Knowledge Base Article

 • 

Tax Deducted at Source (TDS)

C
Can previously deducted 20% TDS be reversed?

TDS deducted and deposited with the tax authorities cannot be reversed by CoinDCX. Users may claim eligible tax credits while filing their Income Tax Return (ITR), subject to applicable tax regulations.

Knowledge Base Article

 • 

Tax Deducted at Source (TDS)

C
Is TDS applicable on Futures, Options, or Global Futures?

No. TDS is currently not applicable on Futures Trading, Options Trading & Global Futures Trading. This is because these products do not involve direct ownership or transfer of crypto assets.

Knowledge Base Article

 • 

Tax Deducted at Source (TDS)

C
What if I accidentally shared my OTP or approved a suspicious request?

If you've accidentally shared your OTP or approved a suspicious request, take the following steps immediately: ​ Change your CoinDCX account password. Reset your Two-Factor Authentication (2FA) if you believe it may have been compromised. Review your account activity and update your security setting

Knowledge Base Article

 • 

Account Safety

C
Why should I enable Two-Factor Authentication (2FA)?

Two-Factor Authentication (2FA) adds an extra layer of security to your CoinDCX account by requiring a second verification step when you log in or perform certain account activities. ​ We strongly recommend enabling 2FA and keeping it active at all times to help protect your account from unauthorize

Knowledge Base Article

 • 

Account Safety

C
What happens if my deposit doesn’t reflect in my CoinDCX account?

If your deposit hasn’t shown up yet, follow these steps: Confirm that you used the correct wallet address for the deposit. Check the transaction status on the blockchain explorer using your Transaction Hash . Ensure the network selected (e.g., ERC20, BEP20, TRC20) matches the network you used for th

Knowledge Base Article

 • 

Transaction Issues & Support

C
Can I edit my income and occupation later?

Yes, you can update your details anytime from: Profile → KYC Verification → Occupation Details

Knowledge Base Article

 • 

Income & Occupation Details

C
What if I accidentally entered incorrect details?

You can easily edit your details anytime from the profile section.

Knowledge Base Article

 • 

Income & Occupation Details

C
Is my data safe?

Yes. Your information is secure and used only for regulatory compliance purposes, in line with data protection standards.

Knowledge Base Article

 • 

Income & Occupation Details

C
Why am I being asked to add my income and occupation details?

As per updated regulatory guidelines, providing your income and occupation details is now mandatory to complete your KYC and continue trading. This helps ensure your account remains compliant.

Knowledge Base Article

 • 

Income & Occupation Details

C
What happens if the details I submit for Travel Rule checks are incorrect or conflicting?

If the information you provide does not match: Your transaction may be delayed or rejected. Your Crypto Deposit & Withdrawal (CDW) access may be temporarily restricted until accurate details are submitted. Repeated incorrect submissions may lead to permanent restrictions for security and compliance

Knowledge Base Article

 • 

Travel Rule & Compliance

Build your crypto portfolio on CoinDCX - a safe, simple and a compliant crypto investment app.

© All rights reserved by Primestack Pte. Ltd.

users-badge assets-badge volume-badge funding-badge aml-badge

DISCLAIMER

The information and material contained herein are subject to change without prior notice including prices which may fluctuate based on market demand and supply. The material available on the site is proprietary to CoinDCX, its parent, Licensor and/or its affiliates and is for informational purposes and informed investors only. This material is not: (i) an offer, or solicitation of an offer, to invest in, or to buy or sell, any interests or shares, or to participate in any investment or trading strategy, or (ii) intended to provide accounting, legal, or tax advice, or investment recommendations. Note Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions.

*Data sourced from Looker app as on 01st May,2023
*Data as on 01st May,2023
*Quarterly trading volume for Q4 FY'22. Currency conversion rate applied as in data capturing period
*FIU Registered entity, NEBLIO TECHNOLOGIES PVT LTD
*Certified in India for May 2023-24