> ## Documentation Index > Fetch the complete documentation index at: https://developer.sandbox.co.in/llms.txt > Use this file to discover all available pages before exploring further. # Tradewise Tax P&L | Crypto ## Tax P\&L Summary Sheet ### Tax P\&L Summary Table | Param | Type | Description | | :----------------- | :------- | :-------------------------------------------------------------------------------------------------------------------------- | | income\_head | `string` | The income head of ITR under which the income is to be reported | | income\_sub\_head | `string` | The income subhead of ITR under which the income is to be reported | | holding\_period | `string` | The holding period of the crypto. | | realized\_pnl | `number` | Total realized profit or loss on the trades without considering expenses | | transfer\_expenses | `number` | Total expenses that occurred during the transfer of crypto, could be network fees, brokerage, or any other transaction fee. | | net\_realized\_pnl | `number` | Total realized profit or loss on the trades after considering expenses | | taxable\_pnl | `string` | The total taxable amount of all trades | | tax\_rate | `string` | The applicable tax rate for all trades. | ### Transaction Summary table | Param | Type | Description | | :------------------------ | :------- | :----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | | nature\_of\_transaction | `string` | Nature of crypto transaction. \nPossible values: `mining\_reward`,`trading`,`staking\_reward`,`airdrop`,`interest` \n`payment\_send`,`payment\_receive`,`gift\_send`,`gift\_receive`,`fork`,`donation` \n`buy\_back`,`other\_income` | | total\_transaction\_value | `number` | The total value of crypto transactions that happened for a given nature of transaction. | | realized\_pnl | `number` | Total realized profit or loss on the trades without considering expenses | | transfer\_expenses | `number` | Total expenses that occurred during the transfer of crypto, could be network fees, brokerage, or any other transaction fee. | | net\_realized\_pnl | `number` | Total realized profit or loss on the trades after considering expenses | *** ## Cryptocurrency Spot Tradewise Tax PnL Sheet ### Cryptocurrency Spot Tradewise Tax PnL table | Param | Type | Description | | :---------------------- | :------- | :------------------------------------------------------------------------------------------------------------------------ | | symbol | `string` | Symbol or description of crypto | | quantity | `number` | Trading quantity | | buy\_trade\_id | `string` | Transaction ID of the buy transaction | | buy\_date | `number` | The date on which the crypto was bought | | buy\_price | `number` | The price at which a unit was bought | | sell\_trade\_id | `string` | Transaction ID of the sell transaction | | sell\_date | `number` | The date on which the crypto was sold | | sell\_price | `number` | The price at which a unit was sold | | holding\_period | `string` | The holding period of the crypto could be either `long\_term` or `short\_term` | | realized\_pnl | `number` | The realized profit or loss on the trade without considering transfer expenses | | transfer\_expenses | `number` | The expenses that occurred during the transfer of crypto, could be network fees, brokerage, or any other transaction fee. | | net\_realized\_pnl | `number` | The realized profit or loss on the trade after considering transfer expenses | | nature\_of\_transaction | `string` | The nature of the crypto transaction could be either `trade` or `payment\_send` | | taxable\_pnl | `string` | The taxable amount of the trade | | income\_head | `string` | The income head of ITR under which the income of a specific trade is to be reported | | income\_sub\_head | `string` | The income subhead of ITR under which the income of a specific trade is to be reported | | tax\_rate | `string` | The applicable tax rate for the trade. | ### Cryptocurrency Spot Tradewise Other Tax PnL Table | Param | Type | Description | | :---------------------- | :------- | :------------------------------------------------------------------------------------------------------------------------ | | symbol | `string` | Symbol or description of crypto | | quantity | `number` | Trading quantity | | buy\_trade\_id | `string` | Transaction ID of the buy transaction | | date\_of\_aquisation | `number` | The date on which the crypto was bought | | cost\_of\_aquisation | `number` | Total cost of acquisition of the crypto | | sell\_trade\_id | `string` | Transaction ID of the sell transaction | | date\_of\_transfer | `number` | The date on which the crypto was transferred out of the wallet | | consideration\_received | `number` | The fiat value of the consideration received on the transfer of the crypto. | | realized\_pnl | `number` | The realized profit or loss on the trade without considering expenses | | expenses | `number` | The expenses that occurred during the transfer of crypto, could be network fees, brokerage, or any other transaction fee. | | net\_realized\_pnl | `number` | The realized profit or loss on the trade after considering expenses | | nature\_of\_transaction | `string` | The nature of the crypto transaction. | | taxable\_pnl | `string` | The taxable amount of the trade | | turnover | `string` | Turnover of the transaction. | | income\_head | `string` | The income head of ITR under which the income of a specific trade is to be reported | | income\_sub\_head | `string` | The income subhead of ITR under which the income of a specific trade is to be reported | | tax\_rate | `string` | The applicable tax rate for the trade. | ### Cryptocurrency Spot Tradewise Holding Table | Param | Type | Description | | :------------------ | :------- | :-------------------------------------- | | symbol | `number` | Symbol or description of crypto | | quantity | `number` | Trading quantity | | buy\_date | `string` | The date on which the crypto was bought | | buy\_price | `number` | The price at which a unit was bought | | last\_traded\_price | `number` | The last traded price of the unit | *** ## Cryptocurrency Future Tradewise Tax PnL Sheet ### Cryptocurrency Future Tradewise Tax Pnl Table | Param | Type | Description | | :----------------- | :------- | :------------------------------------------------------------------------------------------------------------------------ | | contract\_name | `string` | Symbol or description of crypto | | quantity | `number` | Trading quantity | | buy\_trade\_id | `string` | Transaction ID of the buy transaction | | buy\_date | `number` | The date on which the crypto was bought | | buy\_price | `number` | The price at which a unit was bought | | sell\_trade\_id | `string` | Transaction ID of the sell transaction | | sell\_date | `number` | The date on which the crypto was sold | | sell\_price | `number` | The price at which a unit was sold | | realized\_pnl | `number` | The realized profit or loss on the trade without considering transfer expenses | | transfer\_expenses | `number` | The expenses that occurred during the transfer of crypto, could be network fees, brokerage, or any other transaction fee. | | net\_realized\_pnl | `number` | The realized profit or loss on the trade after considering transfer expenses | | taxable\_pnl | `string` | The taxable amount of the trade | | income\_head | `string` | The income head of ITR under which the income of a specific trade is to be reported | | income\_sub\_head | `string` | The income subhead of ITR under which the income of a specific trade is to be reported | | tax\_rate | `string` | The applicable tax rate for the trade. | ### Cryptocurrency Future Tradewise Open Position Table | Param | Type | Description | | :------------------ | :------- | :-------------------------------------------- | | contract\_name | `number` | Symbol or description of the Futures contract | | quantity | `number` | Trading quantity | | buy\_date | `string` | The date on which the crypto was bought | | buy\_price | `number` | The price at which a unit was bought | | last\_traded\_price | `number` | The last traded price of the unit | *** ## Schedule VDA Sheet ### Income from Transfer of VDA Table | Param | Type | Description | | :---------------------- | :------- | :---------------------------------------------------- | | sr\_no | `number` | Seriral number of the entries | | date\_of\_acquisition | `number` | Original date on which the asset was acquired | | date\_of\_transfer | `number` | The date on which the asset was transferred | | income\_head | `string` | Taxable income head under which that asset is taxable | | cost\_of\_acquisition | `number` | The price at which the asset was originally bought. | | consideration\_received | `number` | The price received on transferring the asset. | ### Income from VDA Summary List | Param | Type | Description | | :----------------------------------------- | :------- | :---------------------------------------------------------- | | taxable\_capital\_gains\_income | `number` | Total income taxable under the head Capital gains | | taxable\_business\_and\_profession\_income | `number` | Total income taxable under the head Business and Profession | *** # Annexures ## Annexure 1: Definition of Transaction Type | Transaction Type | Definition | | :--------------- | :------------------------------------------- | | `buy` | OTC buy transaction on an exchange | | `sell` | OTC sell transaction on an exchange | | `trade` | Crypto to Crypto transaction on the Exchange | | `send` | Crypto sent out of the wallet | | `receive` | Crypto received in the wallet | ## Annexure 2: Label | Label | Definition | | :---------------- | :---------------------------------------------------------------------------------------- | | `margin` | Amount blocked from the wallet for trading crypto futures | | `margin\_gain` | Any gains realized while trading in Crypto Futures | | `margin\_loss` | Any losses realized while trading in Crypto Futures | | `airdrop` | An unsolicited distribution of a cryptocurrency token or coin, usually for free | | `interest` | Cryptocurrency received in the form of Interest on the coins kept as a deposit | | `staking` | Lock crypto assets for a set period of time to help support the operation of a blockchain | | `staking\_reward` | The reward received for locked crypto assets for a set period of time | | `fork` | Crypto received due to hard fork | | `gift` | Crypto received as a gift in the wallet | | `lost` | Irrecoverable cryptocurrency from wallets | | `mining\_reward` | The crypto reward received on mining the coin | | `donation` | Defines a transaction that was donated to a charity | | `payment` | A transaction that was received as a payment for a good or service | | `other income` | Defines any other type of reward received | | `transfer` | Transaction between wallets owned by same user. | ## Annexure 3: Nature of Transaction wise Tax Treatment | Nature of Transaction | Income Head | Tax Rate | Notes | | :-------------------- | :-------------------------- | :----------- | :-------------------------------------------------------------------------------------------------------------------------------------------- | | `mining\_reward` | `business\_and\_profession` | `slab\_rate` | Tax is applicable on the fair market value of such asset. (as per the price in the open market on the valuation date). | | `interest` | `other` | `slab\_rate` | The complete value of interest is taxable and all kinds of expenses are disallowed. | | `trading` | `capital\_gains` | `30%` | Tax is applicable on the "Full value of consideration", less "Cost of acquisition". | | `staking\_reward` | `other` | `slab\_rate` | The total amount received as reward is taxable and all expenses are disallowed. | | `fork` | `other` | `slab\_rate` | The total amount received as reward is taxable and all expenses are disallowed. | | `gift\_recieved` | `other` | `slab\_rate` | The total amount received as gift is taxable at a slab rate | | `gift\_send` | NA | NA | Any cryptocurrency that was sent as a gift, would not be considered for taxation | | `lost` | NA | NA | Any irrecoverable cryptocurrency from wallets, would not be considered for taxation. | | `airdrop` | `other` | `slab\_rate` | The complete value of airdrop is taxable and all kinds of expenses are disallowed. | | `donation` | NA | NA | Any cryptocurrency that was donated to charity, would not be considered for taxation | | `payment\_received` | `other` | `slab\_rate` | Any crypto received as a payment is completely taxable and all expenses are disallowed. | | `payment\_send` | `capital\_gains` | `30%` | Tax is applicable on the "Full value of consideration" (as per the price in the open market on the payment date), less "Cost of acquisition". | | `other\_income` | `business\_and\_profession` | `30%` | Any other income generated from crypto is completely taxable and all expenses are disallowed. | | `transfer\_in` | NA | NA | Transfers between wallets owned by the same taxpayer are not taxable. | | `transfer\_out` | NA | NA | Transfers between wallets owned by the same taxpayer are not taxable. |