Tradebook P&L

About

  • Calculate Tax P&L for cryptos , NFTs& Future & Options from Tradebook.

Use case

  • For Crypto Exchanges to visualize Tax P&L and provide reports to download for investors and traders

Endpoint

HTTP MethodEndpointDescription
POST/it-calculator/crypto/tax-pnl/tradebookA Request Body (JSON) of Tradebook P&L is uploaded for calculating the Tax P&L.

API EndpointAPI Endpoint

Request Body

VDA Transaction

ParamTypeRequiredDescription
dateNumberYesEPOCH
transaction_typeStringYesIndicates whether the order is BUY, SELL, TRADE, AIRDROP, INTEREST, STAKING, FORK, GIFT, LOST, MINING, TRANSFER
received_currencyStringYesSymbol of the crypto/fiat currency
received_quantityNumberYesQuantity received by executing the transaction
priceNumberYesPrice at which unit is traded
price_currencyNumberYesCurrency in which price is considered
cost_of_acquisitionNumberYesCost basis of the received quantity in INR
sent_currencyStringYesSymbol/Name of the crypto currency
sent_quantityNumberYesQuantity sent by executing the transaction
fee_currencyStringNoCurrency transferred as fees while executing transactions
fee_amountNumberNoAmount/quantity transferred as fees while executing transactions

Definition of Transaction Type

Transaction TypeDefinition
BUYOTC buy transaction on exchange
SELLOTC sell transaction on exchange
AIRDROPAn unsolicited distribution of a cryptocurrency token or coin, usually for free
INTERESTCrypto currency received in form of Interest on the currency kept as deposit
STAKINGLock crypto assets for a set period of time to help support the operation of a blockchain
FORKCrypto received due to hard fork
GIFTCrypto received as a gift in the wallet
LOSSIrrecoverable crypto currency from wallets
MININGCrypto reward received on mining the coin
TRANSFERThe crypto are transferred to one wallet to another.
TRADECrypto to Crypto transaction on the Exchange

Sample Tradebook

DateTransaction TypeReceived CurrencyReceived QuantityPrice/unitPrice CurrencyCost of acquisition (INR)Sent currencySent QuantityFees currencyFees Amount
01/04/2021BUYBUSD49.469875INR3710.235
02/04/2021BUYETH0.251000INR250
10/05/2021SELL90INRBUSD24.7349
11/06/2021TRADELUNA0.3179.79BUSD|LUNA2034.4455BUSD24.7349
20/06/2021TRADEBUSD15.009100.06LUNA|BUSD1050LUNA0.15
20/06/2021TRADEBUSD15.5856100.06LUNA|BUSD1120LUNA0.16
01/07/2021AIRDROPBUSD100
10/07/2021INTERESTLUNA0.3100
05/08/2021STAKINGMATIC10
10/08/2021LOSTETH0.15
11/11/2021MININGETH0.2500
20/11/2021SELL1200INRETH0.30

Market Value of Crypto Currency in INR

DateCurrencyPrice in INR
11/06/2021BUSD82.25
20/06/2021LUNA7000

Sample Tax P/L

SymbolQuantityDate of PurchaseDate of SellBuy Price/UnitSell Price/unitHoldingRealized Gains
BUSD24.734901/04/202110/05/20217590Short term371.0235
BUSD24.734901/04/202111/06/20217582.25Short term179.32
LUNA0.1511/06/202120/06/20216562.727000Short term65.6592
LUNA0.1611/06/202120/06/20216562.727000Short term69.96
ETH0.1502/04/202110/08/202110001000Short term0
ETH0.1002/04/202120/11/202110001200Short term20
ETH0.2011/11/202120/11/202101200Short term240