Last Update vor einem Jahr
The cost of acquisition is just the price at which you purchase your cryptocurrency. Let's imagine you want to buy a cryptocurrency worth Rs 10,000 and you pay a transaction charge of Rs. 20, bringing your total cost to Rs. 10,020. This means, your cost of acquisition becomes the final price paid for that cryptocurrency.
When calculating your crypto taxes, keep in mind that the cost of acquisition is the only deduction allowed.