Which Tax Regime to choose?

Calculate your Tax Liability and compare Old & New Tax Regime
Slider

Axis Direct: Register, Login, Download Holding Statement, Tax P&L Report and Ledger

author portrait

Mariya

Axis Direct
Axis Direct Ledger
Axis Direct Login
Axis Direct Registration
Axis Direct Tax P&L

To understand your trading activity and for its income tax compliance, you need documents like Tax P&L, Contract Note, Ledger / Account Statement. However, before you get any of these documents you need to create your Axis Direct Account and log in.

This article will guide you through the following:

How to Register and Login to Axis Direct?

Axis Direct Trading Account can be opened easily online by following these steps:

  1. Visit the Axis Direct website

    You can access it here.

  2. Click on Open a new Account

    Fill in your personal details such as:
    -Mobile number
    -Email id
    -Name
    -City

  3. Click on Get OTP on mobile

    As seen below:axis login

  4. Fill your basic details

    Click on Proceed to personal details.axis pan details

  5. Fill in your personal details

    Enter your PAN and Date Of Birth
    axis pan details

  6. Click on Proceed

    Add your address and ‘Confirm
    axis details

  7. Next, fill Your Details in Personal Details

    axis personal details B

  8. You need to add a few more additional details

    Add the details and click on ‘Proceed to Bank Details
    axis personal details BB

  9. Fill in your Bank Details

    -Bank name
    -Bank account number
    -IFSC Code
    -Confirm bank account number
    Click on ‘ProceedAxis bank details

  10. Choose an Axis Direct plan

    As per your requirement, select the necessary segments that you want to trade-inAxis direct plans

  11. . Click on Make Payment

    axis payment

  12. Choose the payment method

    And make the payment

  13. Upload all the required documents.

    E-sign using Aadhaar. Enter your Aadhaar number and click on send OTP.aadhaar esign otp

  14. Enter your OTP

    Click on verify OTPverify otp angel broking

  15. A Power of Attorney (POA) Document will be sent to your email address

    Click on Finishaxis direct power of attorney

  16. Sign your POA documents

    Courier it to the respective address

  17. Your Demat account will be activated after you send your POA documents

    The process is complete

ITR for Intraday and F&O Traders
CA Assisted Income Tax Return filing for Individuals and HUFs having income form Intraday Trading and F&O Trading.
[Rated 4.8 stars by customers like you]
ITR for Intraday and F&O Traders
CA Assisted Income Tax Return filing for Individuals and HUFs having income form Intraday Trading and F&O Trading.
[Rated 4.8 stars by customers like you]

How to download Tax Profit and Loss Report?

A Tax Profit & Loss Report is essential to calculate taxes on trading income. This report has details such as Date, Time, Script Name, Purchase price, Sale price, Segment and Quantity that help determine the Income Tax on Trading.

  1. Log into your Axis Direct Account
  2. Next, select ‘Portfolio‘ from your dashboard, under Equity and Derivativesaxis direct equity and derivatives
  3. Select ‘Portfolio‘ again once the Portfolio Summary site opensaxis direct portfolio
  4. Now, select ‘Reports‘ and choose ‘P&L statementaxis direct p&l
  5. Select necessary filters and click on ‘Goaxis direct p&l statement
  6. Then, scroll down and click on the PDF or Excel button to download the P&L statementaxis direct download p&l
  7. Finally, the statement will be downloaded to your device
Import Your Trades
File ITR Online

India’s fastest growing Tax Filing Platform

[Rated 4.8 stars by customers like you]

Import Your Trades

File ITR Online

India’s fastest growing Tax Filing Platform

[Rated 4.8 stars by customers like you]

File Your Tax Return

On Time , Online on Quicko.com

Open Your Account Today

File Your Tax Return

On Time , Online on Quicko.com

Open Your Account Today

How to download Ledger for Axis Direct traders?

Axis Direct sends a contract note for all transactions executed on the stock exchange to the respective trader. However, you can download it from their portal as well.

  1. Visit the Axis Direct portal and login to your account 
  2. Next, click on ‘My Reports‘ from the top ribbon
  3. Then, click onLedger’ from the drop-down list
  4. Enter the from and to dates in respective boxes and click on the ‘View Report‘ option
  5. Finally, click on the ‘Contract Note Number‘ to view the report
Income Tax Calculator
Calculate income tax liability for FY 2020-21. Compare tax liability as per New vs Old Tax Regime.
Explore
Income Tax Calculator
Calculate income tax liability for FY 2020-21. Compare tax liability as per New vs Old Tax Regime.
Explore
Promo Code
AXIS
Tax Compliance for Axis Direct
Trader
Are you an Equity, Intraday, F&O or Commodities Trader? Upload your Tax P&L and file Tax Return online
[Rated 4.8 stars by customers like you]
Tax Compliance for Axis Direct Trader
Are you an Equity, Intraday, F&O or Commodities Trader? Upload your Tax P&L and file Tax Return online.
[Rated 4.8 stars by customers like you]
Promo Code
AXIS
Explore Now

FAQs

Is Trading Turnover same as Contract Turnover?

No. The Contract Turnover is the sum of the purchase value and sales value. It is not considered for income tax purposes. However, the Trading Turnover or Business Turnover is the absolute profit i.e. sum of positive and negative differences. Hence, this turnover is considered to determine the applicability of the tax audit and the applicable ITR form. Therefore, Trading Turnover is different from Contract Turnover.

How does the Tax profit and Loss Statement help me?

This statement is used to calculate your Tax liability. Therefore, it is needed to file ITR 3.

What is the difference between Trading and Demat account?

A Demat account holds securities and certificates of stocks, shares, etc electronically while a Trading account lets you buy or sell those securities in the stock market.

Got Questions? Ask Away!

  1. Hey @TeamQuicko

    Thanks for the blog! Just one quick question - Why do we have to report a quarterly breakdown of Dividend Income under IFOS?

    Thank you!

  2. I had received dividend recently but I had noticed that TDS had been deducted. any idea as to why has it happened and is there a way I can claim this TDS?

  3. Hey @HarshitShah

    After the introduction of Budget 2020, dividend income is now taxable in the hands of the shareholder; and is also subject to TDS at 10% in excess of INR 5000 u/s 194 & 194K. Foreign Dividend is taxable at slab rates. TDS is not applicable to such dividends. The taxpayer should report such income under the head IFOS in the ITR filed on the Income Tax Website.

    Hope this helps!

Continue the conversation on TaxQ&A

2 more replies

Participants

Close Bitnami banner
Bitnami