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Tradewise Tax PNL Report
Tradewise Tax PNL Report
P&L Summary
Turnover 0 LTCG 0
Shares/ ESOP / RSU MF / ETF MF / ETF Foreign Shares Foreign MF / ETF ADR
Particulars
Equity Equity Debt Equity Equity/Debt/Other Equity
LTCG 0 0 0 0 0 0
Gross LTCG 0 0 0 0 0 0
Transfer Expenses 0 0 0 0 0 0
STCG 586.62 0 0 0 0 0
Turnover 0 0
Net Profit/Loss 0 0
Gross Profit/Loss 0 0
Transfer Expenses 0 0
Other Income
Dividend 0
Foreign Dividend 0
Interest 0
Foreign Interest 0
A Sum
GST
Clearing charge Fees which is charged by the broker from the customers for each trade executed through them. The br
Other credits & debits Includes charges & credits which are not directly a result of trading activities. The following are some
Call & Trade Charges Charge levied on - 1) Orders placed through phone call 2) Intraday trading position being auto squarre
Payment gateway charges Charge levied for using the payment gateway for adding funds in trading account
DP Charges Depository Participant (DP) charges are levied on all sell transactions of the Demat Account. DP char
Account opening charges Charged by the broker for opening DEMAT account
Buyback order placement Charge levied for placing orders for Buybacks/Takeover/Delisting/OFS of shares
Pledge Charges Charge levied when you pledge or unpledge shares in your account
Margin Penalty It is a penalty levied on over night positions held in trading account without sufficient margin as presc
AMC charged The Account Maintenance Charge (AMC) is the cost of maintaining the demat account
Delayed payment charges If the funds utilized are more than the amount available in the account , the account will result in a deb
As intraday trading is done with the objective to earn income or profit from fluctuation in prices of sto
Tax Treatment
intention of taking delivery of the contract.
Turnover Turnover of Equity Intraday Trading = Absolute Profit. Absolute profit means the sum of positive and
Taxability It is added to the other incomes and taxed as per the prescribed tax slab rates
Treatment of loss The loss from intraday trades can be carried forward for 4 years. It can only be set-off against Specula
-If equity shares are sold within 12 months of purchase, the seller may make short term capital gain or
Tax treatment
-Taxpayers have been offered a choice of how they want to treat such income. Tax payers can treat ga
-When the sale of shares is treated as business income, one is allowed to reduce expenses incurred in e
Taxability
-When the sale of shares is treated as capital gains , the gains are taxable at a flat rate of 15%, irrespec
Deductions No deductions under section 80C to 80U are allowed from short term gains
-Any short term capital loss from sale of equity shares can be set off against short term or long term ca
Treatment of loss
-If the loss is not set off entirely, it can be carried forward for a period of 8 years and adjusted against
Tax treatment If equity shares listed on a stock exchange are sold after 12 months of purchase, the seller may make l
Taxability Long term capital gain is taxed at the concessional rate of 10% for the gains exceeding Rs. 1 Lakh.
Deductions No deduction under sections 80C to 80U is allowed from long-term capital gains
-Any long term capital loss from sale of equity shares can be set off against long term capital gains on
Treatment of loss
-If the loss is not set off entirely, It can be carried forward for a period of 8 year.
-Equity funds are those funds whose portfolio’s equity exposure exceeds 65%. short-term capital gain
Tax Treatment -For Systematic investment plans (SIP) each instalment is considered as a fresh investment.According
period, LTCG is realised. Units with a short-term holding period are taxed at short term rates
-Long term capital gain is taxed at the concessional rate of 10% for the gains exceeding Rs. 1 Lakh.
Taxability
-short term capital gains are taxed at a flat rate of 15% , irrespective of the applicable income tax slab
Deductions Investments in Equity Linked Savings Schemes or ELSS mutual funds qualify for deduction from taxa
-Short term capital loss can be set off against both short term and long term capital gains
Treatment of loss -Long term capital loss can only be set off against Long term capital gains
-If the loss is not set off entirely, It can be carried forward for a period of 8 year.
Tax Treatment Debt funds are those funds whose portfolio’s debt exposure is in excess of 65%. short-term capital gai
-Short term gains are added to the overall income and taxed at the income tax slab rate.
Taxability
-Long term gains are taxed at a flat rate of 20% with indexation
-Short term capital loss can be set off against both short term and long term capital gains
Treatment of loss -Long term capital loss can only be set off against Long term capital gains
-If the loss is not set off entirely, It can be carried forward for a period of 8 year.
Transactions that take place in Futures and Options trading are considered as non speculative business
Tax treatment
expenses such as electricity, telephone, internet etc. from earnings of the business .
Turnover of Futures = Absolute Profit
Turnover
Turnover of Options = Absolute Profit
Taxability Income from futures and options is added to the total income for the financial year, and consequently
Loss from futures and options trading can be adjusted from income from remaining heads such as rent
Treatment of loss
speculative income.
Tax Treatment If shares are held for trading purposes then the dividend income shall be taxable under the head incom
-10 % TDS is deducted on dividend income paid in excess of Rs 5,000 from a company or mutual fun
Taxability
-The dividend recieved is taxable as per the prescribed tax slabs
-Where dividend is assessable to tax as business income, deductions of all those expenditures which h
Deductions
-Whereas if dividend is taxable under the head other sources, deduction of only interest expenditure w
A Summary of All Charges
NSE:0.0009% NSE:0.035%
NSE: 0.002% NSE: 0.053% (on premium)
BSE:0.00022% BSE:0.001%
0.002% or ₹200 / crore on buy side 0.003% or ₹300 / crore on buy side 0.0001% or ₹10 / crore on buy side 0.0001% or ₹10 / crore on buy side
0.01% on sell side 0.05% on sell side (on premium) NO STT NO STT
₹5 / crore
sactions or provide specialized services (changes with different brokers).
each trade executed through them. The broker further pays this fees to a clearing house which is an agency which helps in the easy settlement of trades between the broker and stock
trading activities. The following are some charges & credits which are included -
traday trading position being auto squarred off on not being closed in the given timeframe
ds in trading account
nsactions of the Demat Account. DP charges are levied by depositories as well as the depository participant. If the stock is part of Nifty, the tax is imposed by National Securities D
listing/OFS of shares
ccount
account without sufficient margin as prescribed by exchange. The margin penalty is levied on Equity Derivatives, Currency Derivatives, and Commodity derivatives segments.
he account , the account will result in a debit balance. Interest is charged on this debit balance
Intraday Trading
e or profit from fluctuation in prices of stocks ,income from intraday trading is treated as either speculation gain or loss, which comes under the head of business income.It is consid
olute profit means the sum of positive and negative differences from trades
seller may make short term capital gain or incur short-term capital loss.
reat such income. Tax payers can treat gains or losses from the sale of shares as ‘income from business’,or ‘Capital gains’. However, once choosen, they must continue the same me
s allowed to reduce expenses incurred in earning such business income. In such cases, the profits would be added to the total income for the financial year, and consequently will be
s are taxable at a flat rate of 15%, irrespective of the applicable tax slab. Expenses incurred on transfer are deductible.
e set off against short term or long term capital gain from any capital asset.
or a period of 8 years and adjusted against any short term or long term capital gains made during these 8 years.
sure exceeds 65%. short-term capital gains are realised on redeeming equity fund units within a holding period of one year. Long-term capital gains arise on selling equity fund unit
onsidered as a fresh investment.Accordingly, the holding period for each instalment is calculated.The redemption of the units Systematic investment plans (SIP)is processed on a firs
riod are taxed at short term rates
utual funds qualify for deduction from taxable income under Section 80C. ELSS comes with a locking period of 3 years.So, they are treated as long term capital gains.
m and long term capital gains
m capital gains
or a period of 8 year.
is in excess of 65%. short-term capital gains are realised on redeeming debt fund units within a holding period of three years. Long-term capital gains are realised on selling units of
are considered as non speculative businesss transactions. That is,profits obtained from F&O trading are taxed in the same way as profits obtained from any other business transaction
rnings of the business .
e for the financial year, and consequently is charged at the prescribed tax slab rates.
ncome from remaining heads such as rental income or interest income (cannot be adjusted from salary income). Any unadjusted loss can be carried forward for eight years.Howeve
Equity Dividends
ome shall be taxable under the head income from business or profession. Whereas, if shares are held as an investment then income arising in nature of dividend shall be taxable unde
ductions of all those expenditures which have been incurred to earn that dividend income such as collection charges, interest on loan etc can be claimed.
, deduction of only interest expenditure which has been incurred to earn that dividend income to the extent of 20% of total dividend income can be claimed.
Commodity futures Commodity options
Group A:
Exchange txn charge: 0.0026%
* Far-month contracts: 0.0013%
Group B: 0
CASTORSEED - 0.0005%
KAPAS - 0.0005%
PEPPER - 0.00005%
RBDPMOLEIN - 0.001%
0.002% or ₹200 / crore on buy side 0.003% or ₹300 / crore on buy side
Agri:₹1 / crore
₹5 / crore
Non-agri:₹5 / crore
trades between the broker and stock exchanges.
ncial year, and consequently will be charged at the tax slab rates.
ins arise on selling equity fund units after a holding period of one year.
ent plans (SIP)is processed on a first-in-first-out basis. For units held for a long-term
from any other business transaction. This also implies that taxpayers can claim
ied forward for eight years.However, in the future, they can only be adjusted from non-
laimed.
be claimed.
Zerodha Client ID
P&L Summary
From 01/04/2022
Turnover 0
Profit/Loss 0
Particulars
LTCG
Gross LTCG
Transfer Expense
STCG
Gross STCG
Tranfer Expense
ISIN Description
INE04I401011 KPITTECH
INE04I401011 KPITTECH
INE422C01014 TINPLATE
ISIN Type
Particulars
Turnover
Net Profit/Loss
Gross Profit/Loss
Transfer Expenses
ISIN Description
Symbol Qty
P&L Summary
To 09/03/2023
LTCG 0
STCG 586.62
0 0 0
0 0 0
0 0 0
586.62 0 0
647.55 0 0
60.93 0 0
Equity
3 19/08/2022 12/09/2022
10 29/08/2022 12/09/2022
9 01/09/2022 18/01/2023
Mutual Funds
0 0
0 0
0 0
Intraday
Mutual Funds
Date of Sale Buy Price (per unit) Sell Price (per unit)
Turnover Realised gains
0 -33.3
0 342
0 338.85