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Sharekhan: Create an account and Log in, Download ledger, Tax P&L Report and Contract note
Aakash (Quicko Customer Success Representative)
Last updated on April 15th, 2021
To understand your trading activity and the income tax compliances, you need certain documents like Tax P&L, Contract notes, Holding Statement, etc. But, before you get any of these documents you first need to have a Sharekhan Demat account and log in.
This article will guide you through the following:
Step 3: Select the ledger of any segment that you want to view. Eg: Equity Ledger Summary
Step 4: From the options, click on Equity Ledger Summary
Step 5: Select the necessary filters. Click on Show. You can now view your Ledger summary.
Step 6: Click on the excel sheet to download the ledger. You can view it from your PC
How to download Tax Profit and Loss Report?
Step 1: Log in to the Sharekhan portal and login to your account.
Step 2: Search for Scrip summary. You can do this from the search bar. You can view the scrip summary separately for all the segments i.e Equity or F&O.
Step 3: Now you can now view your Scrip summary from the dashboard
Step 4: Click on the Excel sheet. Click on download your scrip summary
How to download Contract notes for Sharekhan traders?
Step 1: Visit the Sharekhan portal and click on the “Login/Trade” option
Step 2: Next, you will be redirected to the login page. Enter the login ID/e-Mail ID and click on the “Next” option. Then fill in the “Membership Password” in the respective field.
Step 3: After you log in, click on the “Reports” option and select this from the dashboard
Step 4: Next, click on the “Contract Tracker” option from under the particular column. Select which Contract Note you wish to view/download.
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.
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.