No, never. It's a garbage box that deducts 1% TDS + 30% tax on profits. https://blog.unocoin.com/new-tds-rules-around-crypto-what-does-it-mean-for-you

In India, profits from selling, swapping, or spending crypto assets are taxed at a flat rate of 30%. On top of this, you may also have to pay a surcharge and an extra 4% cess.