Two taxes apply may apply to your WazirX transactions:
No, WazirX does not provide tax documents. You can however find details of any TDS paid on the order details page, or in your Trading Report. As for the rest of your crypto taxes, you'll need to get your WazirX transaction history and either calculate your profits yourself, or use a crypto tax calculator to do it for you.
WazirX and Koinly pair perfectly to help you get your crypto taxes calculated and filed with the Income Tax Department (ITD) in no time at all. Just connect WazirX to Koinly via API to automatically fetch your transaction history, or download a CSV file of your WazirX transaction history and upload it to Koinly.
Once connected, Koinly becomes the ultimate WazirX tax tool. How? Koinly will calculate your WazirX taxes based on your location and generate your crypto tax report, all within 20 minutes. All you’ll need to do at tax time is download the crypto tax report you need from Koinly and use it to file your tax return with the ITD.
Good to know
The maximum time period for CSV file data from WazirX 12 months. But Koinly needs your complete transaction history from WazirX in order to calculate your transaction history correctly, for however long you've had the account, so you may need to download multiple CSV files.
Yes. WazirX, like all other Indian crypto exchanges, is legally required to report TDS to the ITD. The ITD may also request crypto exchanges operating in India to share customer data to ensure tax compliance.
If you're having trouble connecting WazirX and Koinly, these resources may help: