Important keyword: Axis Direct, Axis Direct Ledger, Axis Direct Login, Axis Direct Registration, Axis Direct Tax P&L.
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Axis Direct: Register, Login, Download Holding Statement, Tax P&L Report and Ledger
To comprehensively understand your trading activities and ensure compliance with income tax regulations, several crucial documents are essential. These documents include Tax P&L (Profit and Loss), Contract Notes, and Ledger/Account Statements. However, accessing these documents requires first creating an Axis Direct account and logging in.
This article will guide you through the following:
How to Register and Login to Axis Direct?
Trading Account can be opened easily online by following these steps:
- Visit the Axis Direct website
You can access it here. - Click on Open a new Account
Fill in your personal details such as:
-Mobile number
-Email id
-Name
-City - Click on Get OTP on mobile
As seen below: - Fill your basic details
Click on Proceed to personal details. - Fill in your personal details
Enter your PAN and Date Of Birth - Click on Proceed
Add your address and ‘Confirm‘ - Next, fill Your Details in Personal Details
- You need to add a few more additional details
Add the details and click on ‘Proceed to Bank Details‘ - Fill in your Bank Details
-Bank name
-Bank account number
-IFSC Code
-Confirm bank account number
Click on ‘Proceed‘ - Choose an Axis Direct plan
As per your requirement, select the necessary segments that you want to trade-in - . Click on Make Payment
- Choose the payment method
And make the payment - Upload all the required documents.
E-sign using Aadhaar. Enter your Aadhaar number and click on send OTP. - Enter your OTP
Click on verify OTP - A Power of Attorney (POA) Document will be sent to your email address
Click on Finish - Sign your POA documents
Courier it to the respective address - Your Demat account will be activated after you send your POA documents
The process is complete
How to download Tax Profit and Loss Report?
A Tax Profit & Loss Report is essential to calculate taxes on trading income. This report has details such as Date, Time, Script Name, Purchase price, Sale price, Segment and Quantity that help determine the Income Tax on Trading.
- Log into your Axis Direct Account
- Next, select ‘Portfolio‘ from your dashboard, under Equity and Derivatives
- Select ‘Portfolio‘ again once the Portfolio Summary site opens
- Now, select ‘Reports‘ and choose ‘P&L statement‘
- Select necessary filters and click on ‘Go‘
- Then, scroll down and click on the PDF or Excel button to download the P&L statement
- Finally, the statement will be downloaded to your device
How to download Ledger for traders?
It sends a contract note for all transactions executed on the stock exchange to the respective trader. However, you can download it from their portal as well.
- Visit the Axis Direct portal and login to your account
- Next, click on ‘My Reports‘ from the top ribbon
- Then, click on ‘Ledger’ from the drop-down list
- Enter the from and to dates in respective boxes and click on the ‘View Report‘ option
- Finally, click on the ‘Contract Note Number‘ to view the report
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Official Income Tax Return filing website: https://incometaxindia.gov.in/