Are crypto-to-crypto trades taxable?

Yes. Every transfer — including swaps and conversions — is a taxable event under Section 115BBH. Both legs are reported separately in Schedule VDA.

Can I set off crypto loss against salary?

No. Crypto losses cannot be set off against any other income head and cannot be carried forward.

You as the buyer are liable to deduct and deposit it. We help with self-deposit via Form 26QE and adjustment in the seller's 26AS.

Yes. If you held crypto on a foreign exchange (Binance, Coinbase, KuCoin) at any time during the year, Schedule FA is mandatory in ITR-2 / ITR-3.

30% flat tax under Section 115BBH on gains from transfer of Virtual Digital Assets (VDAs) — crypto, NFTs, in-game tokens.
No deduction allowed for any expense (other than cost of acquisition) and no set-off / carry forward of losses against any other income.
1% TDS under Section 194S on every crypto transfer above ₹10,000 (₹50,000 for specified persons).
Schedule VDA in ITR-2 / ITR-3 — transaction-wise reporting of date, cost and consideration.

Import your trade history from WazirX, CoinDCX, ZebPay, Binance, Coinbase, KuCoin, Kraken, MEXC and on-chain wallets.
FIFO matching of buys against sells to compute gain / loss per asset.
Reconcile 1% TDS deducted by Indian exchanges with Form 26AS / AIS.
Schedule VDA preparation — one row per transfer.
Disclosure of foreign exchange / wallet balances under Schedule FA where applicable.
Reply to AIS-mismatch notices for high-frequency traders.

Treating crypto-to-crypto swaps as "no event" — every swap is a taxable transfer.
Setting off crypto loss against salary or capital gain — not allowed.
Forgetting Schedule FA for foreign exchange balances — can attract Black Money Act penalty.