The Tax P&L Report provides a structured classification of your realised profits, losses, and turnover for the selected financial year. It organises trading results by tax treatment and segment type to help you review performance and support accurate tax reporting.
Types of profits and losses included in the Tax P&L Report
- Net Long-Term Capital Gains (LTCG) P&L: Profit or loss from eligible equity investments held beyond the applicable long-term holding period.
- Net Short-Term Capital Gains (STCG) P&L: Profit or loss from eligible equity investments sold within the applicable short-term holding period.
- Taxable Intraday P&L (Speculative): Profit or loss from intraday equity trades that are squared off on the same trading day.
- Taxable Futures P&L (Non-Speculative): Profit or loss from Futures contracts, generally classified as non-speculative business income under prevailing tax guidelines.
- Taxable Options P&L (Non-Speculative): Profit or loss from Options contracts, typically treated as non-speculative business income as per applicable tax norms.
- Turnover for Equity and F&O: Displays turnover calculations relevant for income classification, tax reporting, and potential audit applicability.
- Total Realised Trading P&L: Consolidated realised profit or loss across all segments for the selected financial year.
Important: The classification shown in the Tax P&L Report is intended to assist with reporting and reconciliation. Final tax treatment may vary based on your individual tax profile. Please consult a qualified tax advisor before filing your income tax return.
What If...
| Scenario | Solution |
|---|
| My LTCG/STCG values don’t match my expectations | Ensure you are reviewing the correct financial year and only realised trades. Also check if you had multiple buy lots affecting capital gain calculations. |
| Intraday/F&O profits look classified differently than expected | Classification is based on segment type and prevailing tax guidelines. If unsure about tax treatment, consult a tax advisor. |
| Turnover seems higher than actual profit/loss | Turnover is calculated differently from net profit/loss and may include absolute trade values as per tax norms. Refer to turnover methodology or consult your tax advisor. |
| I need clarification before filing my ITR | Download the Tax P&L Report and review it with a qualified tax professional to ensure accurate filing. |
Last updated: 26 Feb 2026