How to claim Crypto TDS refund?

TDS (Tax Deducted at Source) is a type of income tax reduced from money to be paid after specified transactions. 

For crypto incomes, TDS is required to be deducted on every transfer of asset. Exchange platforms deduct TDS by default on behalf of crypto traders. In case of decentralized wallet or foreign exchange wallets, it is customer's responsibility to deduct and deposit TDS with government.

TDS deducted is tax deposited and it will be shown under TDS in income tax return. Crypto traders can claim refund of TDS if there is no income tax payable by client, else it is adjusted to tax payable and balance tax is required to be paid by client.

To claim TDS, it is mandatory to file ITR.