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Download Tax Profit and Loss report from Upstox

Download Tax Profit and Loss report from Upstox

Important Keyword: F&O Trading, ITR-3, P&L Statement, Trading Income.

Download Tax Profit and Loss report from Upstox

Upstox provides an option to download your Profit and Loss (P&L) Report online, which is crucial for calculating income tax on trading profits. This report, similar to a Tax P&L statement, is essential for tax purposes. Traders also receive a “Trading Statement,” listing all transactions made across various segments over a specific period. This statement includes details such as:

  • Date
  • Time
  • Script Name
  • Purchase Price
  • Sale Price
  • Segment
  • Quantity

These details help determine the tax liability.

Steps to download Tax Profit and Loss report from Upstox

Follow these steps to download your Upstox Tax P&L

  1. Visit Upstox
  2. Login with your Upstox credentials
    Enter the registered mobile number, OTP and 6-digit PIN

  3. Navigate to your Profile icon
    Click on Reports & Corporate Actions

  4. Navigate to Reports
    Click on Profit and Loss

  5. Navigate to Tax
    Select the Financial Year and click on Download report

  6. An Excel sheet will be downloaded into your system
    You can access this file from “downloads” on your PC

Read More: Download Contract Note for Traders from Zerodha

Web Stories: Download Contract Note for Traders from Zerodha

Official Income Tax Return filing website: https://incometaxindia.gov.in/

Open a trading account on Zerodha

Open a trading account on Zerodha

Important Keyword: F&O Trading, Intraday, ITR-3.

Open a trading account on Zerodha

Opening a Zerodha account is now entirely online. In recent years, stock markets have shifted from open outcry systems to electronic platforms, revolutionizing trading. A trading account functions as an investment account where your cash and securities are held electronically. It allows you to buy and sell various instruments such as shares, securities, commodities, and currency through online trading platforms.

For Income Tax purposes, trading income from different sources like Equity, Intraday trading, Equity Futures & Options (F&O), Commodity Trading, and Currency Trading is treated as Business Income.

Steps to open a trading account on Zerodha

  1. Visit Zerodha platform
    You can do it from here.

    Zerodha sign up
  2. Enter your mobile number
    You will get an OTP on it. Enter the OTP.

    Zerodha sign up now
  3. Enter your PAN number and Birthdate as per PAN
    Check the tick box. Click on Continue

    Zerodha PAN Details
  4. Click on all the markets i.e commodity, equity, currency, F&O etc. that you want to deal in.
    After that you will be led to payment.
  5. You will be asked to pay the account opening fees. Click on Pay & Continue.
    You can only continue ahead after the payment.

    Zerodha account fees
  6. Lastly, you will be asked to upload your documents i.e. Aadhar and e-sign Aadhar online.
    You can also print the documents and courier them.
  7. Finally, if your documents are valid your account opening request will be successful.
    After that you will receive the account opening notification

Read More: Download Contract Note for ICICI Direct Traders

Web Stories: Download Contract Note for ICICI Direct Traders

Official Income Tax Return filing website: https://incometaxindia.gov.in/

Download Tax Profit and Loss report Sharekhan

Download Tax Profit and Loss report Sharekhan

Important Keyword: F&O Trading, ITR-3, P&L Statement, Trading Income.

Download Tax Profit and Loss report Sharekhan

Sharekhan offers an online option to download your Profit and Loss (P&L) Report, which is crucial for calculating taxes on your trading income. This report is equivalent to a Tax P&L statement and provides a comprehensive overview of your trading activities. Traders also receive a “Trading Statement” that lists all the transactions made within a specific period across various segments. The Trading Statement includes details such as:

  • Date
  • Time
  • Script Name
  • Purchase Price
  • Sale Price
  • Segment
  • Quantity

These details are essential for determining your tax liability.

Steps to download Profit and Loss Report from Sharekhan

  1. Log in to Sharekhan portal
    Access the Sharekhan portal and login to your account.sharekhan login
  2. Search for Scrip summary
    Do this from the search bar. You can view scrip summary separately for all the segments i.e Equity or F&O.sharekhan scrip summary
  3. Now you can now view your Scrip summary
    From the dashboard
  4. Click on the Excel sheet
    Click on download your scrip summaryequity scrip summary

Read More: Download Ledger from Sharekhan

Web Stories: Download Ledger from Sharekhan

Official Income Tax Return filing website: https://incometaxindia.gov.in/

Download tradebook from Zerodha

Download tradebook from Zerodha

Important Keyword: F&O Trading, ITR-3, Trading Income.

Download tradebook from Zerodha

It allows you to download your Tradebook or Ledger from their trading portal. A Tradebook or Ledger contains all the transactions made in the stock market from a trading account, covering all segments such as Equity, Futures, Options, and more. Essentially, a trading ledger is the same as a Tradebook. These ledgers are also used to prepare a Profit & Loss statement for a particular financial year, which is necessary for filing income tax from trading activities.

Steps to download the Ledger/Tradebook from Zerodha

  1. Visit Console
    You can do it from here
  2. Log in with your Kite credentials.
    Enter the user name and passwordZerodha console login
  3. Go to Reports
    Select Tradebookzerodha reports
  4. Select the necessary filters
    Click on View
  5. Your transaction details will be shown
    On the screen
  6. Click on Download XLSX | CSV
    To download your trade book

    Zerodha tradebook
  7. An excel sheet will be downloaded in your PC
    This is how your trade book will look

    Zerodha Tradebook excel

Read More: Download Ledger from Sharekhan

Web Stories: Download Ledger from Sharekhan

Official Income Tax Return filing website: https://incometaxindia.gov.in/

Download Ledger from Sharekhan

Download Ledger from Sharekhan

Important Keyword: F&O Trading, ITR-3, P&L Statement, Trading Income.

Download Ledger from Sharekhan

It allows you to download your Tradebook or Ledger from their trading portal. A Tradebook or Ledger contains all the transactions made in the stock market from a trading account, covering all segments such as Equity, Futures, Options, and more. Essentially, a trading ledger is the same as a Tradebook. These ledgers are also used to prepare a Profit & Loss statement for a particular financial year, which is necessary for filing income tax from trading activities.

Steps to download Ledger from Sharekhan

  1. Login to portal
    You can do it from here.

    sharekhan login
  2. Click on Reports.
    From the Dashboard
  3. Select the ledger of any segment that you want to view
    Eg: Equity Ledger Summary
  4. Click on Equity Ledger Summary
    From the options

    sharekhan ledger
  5. Select the necessary filters. Click on Show.
    You can now view your Ledger summary.
  6. Click on the excel sheet to download the ledger.
    You can view it from your PC

    sharekhan equity ledger

Read More: Download Ledger from Motilal Oswal

Web Stories: Download Ledger from Motilal Oswal

Official Income Tax Return filing website: https://incometaxindia.gov.in/

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