Benefits of FYERS Tax P&L Report for Income Tax Filing

How does the Tax P&L Report help with income tax filing?

The Tax P&L Report simplifies your income tax filing by providing a structured summary of your trading activity for the selected financial year. It consolidates profits, losses, and applicable charges in one place to support accurate and organised reporting.

Scope: The Tax P&L Report provides a financial-year summary of realised trades and applicable charges. It is designed to assist with tax reporting but does not replace professional tax advice.

How the Tax P&L Report helps with tax filing

  1. Accurate reporting: Provides a detailed breakdown of profits and losses across segments, helping ensure all relevant figures are considered while filing your tax return.
  2. Regulatory compliance: Classifies transactions into categories such as long-term and short-term capital gains, speculative and non-speculative income (where applicable), helping align with tax reporting requirements.
  3. Simplified consolidation: Brings together financial-year trading data into a single report, reducing the risk of omissions or manual calculation errors.
  4. Expense visibility: Summarises trading-related charges such as brokerage, STT, exchange charges, GST, and other applicable levies, which may be relevant for tax computation.

Tips & warnings

  • Select the correct financial year before downloading the report.
  • The report generally reflects realised transactions for the selected period.
  • For accurate tax treatment (business income vs capital gains, set-off rules, etc.), consult a qualified tax advisor.

Troubleshooting

  • The figures don’t match my manual calculation.
    Ensure you are comparing the same financial year and only realised trades. Also verify segment-wise filters.
  • I cannot find certain charges in the report.
    Review the expense/charges section of the report. Some levies may be consolidated under specific heads.
  • I need more granular trade-level details.
    Refer to the Tradebook or Contract Notes for transaction-level information.

What If...

ScenarioSolution
I need this report for tax filingDownload the Tax P&L Report for the relevant financial year and share it with your tax advisor for accurate filing.
I traded across multiple segmentsThe report consolidates segment-wise profits and losses. Review the segment breakdown for detailed analysis.
I want only my total yearly profit or lossRefer to the consolidated summary section of the Tax P&L Report for the selected financial year.
Note: The Tax P&L Report is intended for reference and reporting support. For final tax treatment and filing decisions, please consult a qualified tax advisor.

Last updated: 26 Feb 2026