Important keyword: F&O Trading, Intraday, ITR-3, P&L Statement.

Download Tax Profit and Loss report from Motilal Oswal

Motilal Oswal allows you to download your Profit and Loss (P&L) Report online, which is crucial for calculating taxes on trading income. This report, similar to a Tax P&L statement, is essential for tax purposes. Traders also receive a “Trading Statement” that lists 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 Profit and Loss Report from Motilal Oswal

1. Go to the Motilal Oswal WebsiteYou can access it here.
2. Click on “Login to Trade“From the Website
   
   
3. Fill your Client code and password
   And then click on “Login to MO Investor.” 
   
   
4. Click on the bot named “Talk to MO genie.”
   On the bottom right
   
   
5. Choose the option “Profit and Loss Statement.”
   Once the bot chat box opens up
   
   
6. The bot will ask you to select an option
   You can select whichever Financial Year you wish to view
   
   
7. Moving ahead, the bot will give you the start date and end date of that Financial Year you selected
   Apart from that, the bot will give you an option of “Email” which means that your P&L report will be emailed to your registered Email address.
   
   
8. Select the preferred “Ledger Statement” option
   Choose this from the drop-down list.
   
   
9. Select the Ledger Statement for the preferred timeline
   Pick the time period from the options
   
   
   
10. Lastly, after putting in all the details, your P&L Report will be emailed to your registered email address
    Finally, you can go to your email and access it
    
    

Read More: How can taxpayers Track their High-Value Transactions?

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