KoinX, a trusted tax reporting platform, has announced its strategic collaboration with CoinDCX, a prominent Indian cryptocurrency exchange, to provide users with a seamless and efficient solution for crypto tax reporting. The partnership aims to simplify the complex process of tax compliance and enhance the overall user experience for crypto traders and investors.
As governments and tax authorities around the world increase their focus on cryptocurrency taxation, the need for accurate and streamlined tax reporting solutions has become essential. Through this collaboration, KoinX and CoinDCX aim to address these challenges and simplify tax compliance for their users.
The partnership will enable CoinDCX users to leverage KoinX’s advanced tax reporting platform, which offers comprehensive tools for calculating and reporting cryptocurrency gains and losses. By integrating KoinX’s platform, CoinDCX aims to simplify the tax reporting process and save users valuable time and effort.
Tax season can be daunting, but with the right tools, getting your crypto tax reports doesn’t have to be a time-consuming task. By following these simple steps, you can obtain your crypto tax reports in just 2 minutes and streamline your tax filing process.
Step 1: Login to Your Account
Visit the CoinDCX website at https://coindcx.com/ and log in to your account using your credentials.
Step 2: Navigate to Order History
Once logged in, navigate to the dashboard and locate the ‘Orders’ section. Click on ‘Order History’ to proceed.
Step 3: Select Financial Year
Within the ‘Order History’ section, you will find the option to filter transactions by financial year. Select the desired financial year for which you require the transaction report.
Step 4: Download the Report
After selecting the financial year, click on the ‘Download CSV’ button. This will initiate the download of the transaction report in CSV format. Ensure you repeat the same process for ‘Margin History’ and ‘Insta History’ to download all relevant transaction data. Cross-verify the downloaded reports to ensure that all transactions are included.
By following these straightforward steps, users can effortlessly retrieve their transaction data and generate a comprehensive report to facilitate accurate tax filing. ClearTax provides a user-friendly interface that simplifies the crypto tax reporting process, making it easier for individuals to meet their tax obligations.
