How to Check Crypto TDS in Form 26AS and AIS
Check your 1% crypto TDS in 5 steps: log in to the e-filing portal, open Form 26AS or AIS, find section 194S entries and match them to your exchange report.
To check crypto TDS, log in to the Income Tax Department's e-filing portal and go to e-File > Income Tax Returns > View Form 26AS, which takes you to the TRACES site, or open Services > Annual Information Statement (AIS). Look for entries under section code 194S with your exchange's name as the deductor. Each entry should match the 1% TDS shown in your exchange's tax report.
Key takeaways
- Crypto TDS appears in both Form 26AS and AIS, listed against the exchange (the deductor) with section code 194S.
- It only shows after the exchange files its quarterly TDS return, so recent trades may take weeks to appear.
- You can claim credit only for TDS that appears in Form 26AS. If it is missing, ask the exchange to correct its return.
- Offshore exchanges usually do not deduct Indian TDS, so their trades will not show up here.
- Match the totals before you file Schedule VDA to avoid a mismatch notice.
Form 26AS vs AIS: what each shows
| Form 26AS | AIS | |
|---|---|---|
| What it is | Annual tax credit statement | Wider record of reported financial transactions |
| Where to open it | e-File > Income Tax Returns > View Form 26AS (TRACES) | Services > Annual Information Statement (AIS) |
| Crypto TDS | Yes, by deductor and section 194S | Yes, under TDS/TCS Information |
| Can you give feedback? | No, only the deductor can correct it | Yes, on each entry |
| Download formats | HTML, text, PDF | PDF, JSON, CSV |
For claiming TDS credit, Form 26AS is the one that counts. AIS is useful for spotting everything the department knows about you, including transactions reported by exchanges. Our article on how exchanges report trades to the Income Tax Department explains that side.
How to check crypto TDS in Form 26AS: step by step
- Log in to the Income Tax e-filing portal with your PAN (or Aadhaar) and password.
- Go to e-File > Income Tax Returns > View Form 26AS. Read the disclaimer and click Confirm. You are redirected to the TDS-CPC (TRACES) site.
- Accept the usage terms and click View Tax Credit (Form 26AS).
- Choose the Assessment Year. For trades between 1 April 2025 and 31 March 2026, that is AY 2026-27. Choose HTML to view on screen, or download a PDF.
- In the TDS section, find your exchange's name and TAN. Expand it to see each deduction, with the section code (194S), date and amount. The PDF is usually protected with your date of birth in DDMMYYYY format.
How to check crypto TDS in AIS
- On the e-filing portal, go to Services > Annual Information Statement (AIS) and click Proceed.
- Pick the financial year and open the AIS tile.
- In Part B, open TDS/TCS Information. Crypto TDS appears with the 194S description and the exchange as the reporting source.
- Check the other sections too. Exchanges and banks may also report crypto sales or purchases in SFT Information.
- If an entry is wrong, for example a trade that is not yours or is counted twice, use the Feedback option on that line. The AIS PDF password is your PAN in lower case followed by your date of birth in DDMMYYYY format.
When will my crypto TDS show up?
Exchanges deduct TDS when you sell, but they report it quarterly. The usual due dates for quarterly TDS statements are:
| Trades made in | TDS return due by |
|---|---|
| April to June | 31 July |
| July to September | 31 October |
| October to December | 31 January |
| January to March | 31 May |
After the exchange files, processing takes a little longer. So a sale made in September 2026 may not show until November. Do not file your return with figures that are missing from Form 26AS; wait, or chase the exchange.
Match your exchange report with Form 26AS
Every Indian exchange offers a tax or TDS report in its app. Download it for the full financial year and compare the total TDS figure with the 194S total in Form 26AS.
- Totals match: good. Claim that TDS in your return and report each sale in Schedule VDA. Our guide on how to show crypto in Schedule VDA walks through it.
- Form 26AS shows less: the exchange may not have filed yet, or filed with an error. Raise a support ticket, quote your PAN and ask it to file a correction statement. You cannot claim credit for TDS that is not reflected.
- Form 26AS shows more: a deduction may be under your PAN by mistake. Tell the exchange and use AIS feedback.
- Nothing at all: check that your PAN is correct in the exchange's KYC and that your PAN and Aadhaar are linked.
Why some crypto trades have no TDS
- Offshore exchanges generally do not deduct Indian TDS. Your gains there are still taxable, and you pay the tax yourself. See trading on Binance from India.
- Below the threshold: no TDS is required if your sales stay below ₹50,000 a year (for most individuals) or ₹10,000 (for others).
- Buying does not attract TDS for you. It applies to the seller's proceeds. In a crypto-to-crypto swap, both sides count as a sale, so TDS can appear on both legs.
- P2P trades: the buyer is supposed to deduct TDS, which rarely happens in practice. More on those risks in P2P crypto trading in India.
What to do with the TDS once you find it
TDS is an advance payment of your tax, not an extra tax. If your tax on crypto gains is higher than the TDS, you pay the difference. If you made a loss or small gains, the TDS is refunded after you file. For a worked example, a ₹3,00,000 sale gives ₹3,000 of TDS against a tax of ₹31,200 on a ₹1 lakh gain; see tax on ₹1 lakh crypto profit. For refunds, see how to claim a crypto TDS refund, and the basics are in what is 1% TDS on crypto. If you have already received a mismatch letter, read what to do about an income tax notice for crypto.
FAQ
Where is crypto TDS shown in Form 26AS?
In the TDS section, listed under your exchange's name and TAN, with section code 194S against each deduction.
Why is my crypto TDS not showing in 26AS?
Usually the exchange has not filed that quarter's TDS return yet, or has filed it with an error. Wait until after the quarterly due date, then ask the exchange to file a correction.
Is crypto TDS shown in AIS?
Yes. Open AIS, go to Part B and check TDS/TCS Information. Other crypto transactions may also appear under SFT Information.
What is the password for the Form 26AS PDF?
It is usually your date of birth in DDMMYYYY format. The AIS PDF uses your PAN in lower case followed by your date of birth.
Can I claim TDS that is not in Form 26AS?
In practice no. The processing centre gives credit only for TDS reflected in Form 26AS, so get the exchange to correct its return first.
This article is AI-assisted, educational and general in nature. It is not financial advice and never a guarantee of profit. Every trade is at your own risk on your own exchange. See our risk disclosure and editorial policy.
