TDS for Crypto Futures(Derivatives)

Leo Samson (Self) (44 Points)

22 February 2023  

Dear CA Experts,

Kindly confirm whether 1% TDS on VDA(effective 1st July 2022) is not applicable for Crypto Futures trading. It is mentioned so in the below link of CoinDcx Indian exchange. If not applicable is it because in futures there is trading of contracts not the actual crypto. 

https://support.coindcx.com/articles/tds-for-coindcx-pro-users/can-you-explain-with-examples-how-tds-will-be-calculated-for-various-order-types-spotmarginfuture/6381a00b6a0f965f943ccd5f

Thanks