Download Tax Profit and Loss report from HDFC Securities

HDFC Securities allows you to download your Profit and Loss Report online. It is the same as a Tax P&L report, and it is an essential document to calculate taxes on trading income. Traders have a “Trading Statement” that consists of a list of transactions undertaken by the person in various segments during a specific period. It consists of details such as:

  1. Date
  2. Time
  3. Script Name
  4. Purchase price
  5. Sale price
  6. Segment
  7. Quantity, etc.

These details then help determine the Income Tax on Trading.

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Steps to download Profit and Loss Report from HDFC Securities

  1. Log in to your HDFC Securities platform

    You can do it from here

  2. Click on Portfolio

    Next, choose Profit and Loss statement

  3. Select the Financial year, asset type and other necessary filters

    Click on Submit

  4. Click on the PDF button on the top right

    Now, your statement downloads

  5. The PDF will be downloaded on your PC

    Finally, this is what it will look like:

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FAQs

Is tax audit compulsory for F&O loss?

Tax Audit is required when the turnover of a taxpayer exceeds Rs. 1 cr in a particular Financial year. Additionally, it is also applicable if the net profit from such transactions is less than 6% / 8% of the turnover. Additionally, a tax Audit report can only be filed by a CA.

Is Trading Turnover same as Contract Turnover?

No. Contract Turnover is the sum of the purchase value and sales value. It is not considered for income tax purposes. 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 to download Ledger from HDFC Securities?

To download Ledger from HDFC Securities, Go to My reports > Ledger. You can view and download your ledger from there.

Download Tax Profit and Loss report from Axis Direct

Axis Direct allows you to download your Profit and Loss Report online. It is the same as a Tax P&L report, and it is an essential document to calculate taxes on trading income. Traders have a “Trading Statement” that consists of a list of transactions undertaken by the person in various segments during a specific period. It consists of details such as:

  1. Date
  2. Time
  3. Script Name
  4. Purchase price
  5. Sale price
  6. Segment
  7. Quantity, etc.

These details then help determine the Income Tax on Trading.

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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
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Tax Compliance for Axis Direct Trader
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[Rated 4.8 stars by customers like you]
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AXIS
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Steps to download Profit and Loss Report from Axis Direct

  1. Log into your Axis Direct account

    You can do it here.

  2. Select Portfolio

    From your dashboard, under equity and derivatives

  3. Select Portfolio again

    Once the Portfolio site opens

  4. Select Reports

    Choose P&L statement

  5. Select necessary filters

    Click on Go

  6. Scroll down and click on the PDF or Excel button

    This is to to download the P&L statement

  7. The statement will be downloaded on your PC

    You can view it from there.

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FAQs

Is tax audit compulsory for F&O loss?

Tax Audit is required when the turnover of a taxpayer exceeds Rs. 1 cr in a particular Financial year. It is also applicable if the net profit from such transactions is less than 6% / 8% of the turnover. Additionally, a tax Audit report can only be filed by a CA.

Is Trading Turnover same as Contract Turnover?

No. Contract Turnover is the sum of the purchase value and sales value. It is not considered for income tax purposes. Trading Turnover or Business Turnover is the absolute profit i.e. sum of positive and negative differences. 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 to download Ledger from Axis Direct?

To download Ledger from Axis Direct, Go to My reports > Ledger. You can view and download your ledger from there.

Download ledger from 5Paisa

5Paisa allows you to download your Tradebook or Ledger. When a trader makes a transaction in the stock market, all the transaction details are actively recorded in the Tradebook or Ledger. This applies to all the segments i.e Equity, Futures, Options, etc. Trading ledger is also known as a trade book. Ledgers are used to prepare your Profit & Loss statement for income tax on trading of a particular Financial Year.

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Steps to download the Ledger/Tradebook from 5Paisa

  1. Log in to your 5 Paisa account

    Add your user name and password here.

  2. Click on your Profile logo

    From the dasboard

  3. Go to My reports

    From the List

  4. Select Ledger

    From the options

  5. Select the necessary filters

    Then click on Go

  6. Once you have been redirected

    You can now view your Ledger entries in detail

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FAQs

Is tax audit compulsory for F&O loss?

Tax Audit is required when the turnover of a taxpayer exceeds Rs. 1 cr in a particular Financial year or if the net profit from such transactions is less than 6% / 8% of the turnover. A tax Audit report can only be filed by a CA.

What is the difference between the order book and trade book?

When an order is placed in the stock market, the details of the order, quantity of the order, price of the order and its unique order number is recorded in the order book. While when an order is executed in the stock market, its execution status and trade number get recorded in the trade book.
Most of the time, orders get executed immediately, therefore, order book and trade book reflects the same.

How to download Tax P&L from 5Paisa?

In order to download Tax P&L from 5Paisa, Log in to the portal. Go to My reports > Portfolio > My portfolio reports > Profit and loss. Once the report is visible download it by clicking on the Excel button.

Download Tax Profit and Loss report from 5Paisa

5Paisa allows you to download your Profit and Loss Report online. It is the same as a Tax P&L report, and it is an essential document to calculate taxes on trading income. Traders have a “Trading Statement” that consists of a list of transactions undertaken by the person in various segments during a specific period. It consists of details such as:

  1. Date
  2. Time
  3. Script Name
  4. Purchase price
  5. Sale price
  6. Segment
  7. Quantity, etc.

These details then help calculate income tax on trading activity.

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

Steps to download Profit and Loss Report from 5Paisa

  1. Log in to your 5Paisa account

    Enter your username and password

  2. Click on your Profile logo

    On the Dashboard

  3. Go to My reports

    From the options Tab

  4. Choose Portfolio

    From the Reports’ options’

  5. Select the necessary filters

    Finally, Click on Go

  6. Click on the PDF or Excel button

    Now you can download your Profit and Loss report from 5Paisa

Import Your Trades
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India’s fastest growing Tax Filing Platform

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Import Your Trades

File ITR Online

India’s fastest growing Tax Filing Platform

[Rated 4.8 stars by customers like you]

FAQs

Is tax audit compulsory for F&O loss?

Tax Audit is required when the turnover of a taxpayer exceeds Rs. 1 cr in a particular Financial year. It is also applicable if the net profit from such transactions is less than 6% / 8% of the turnover. Additionally, a tax Audit report can only be filed by a CA.

Is Trading Turnover same as Contract Turnover?

No. Contract Turnover is the sum of the purchase value and sales value. It is not considered for income tax purposes. Trading Turnover or Business Turnover is the absolute profit i.e. sum of positive and negative differences. 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 to download Ledger from 5Paisa?

To download Ledger from 5Paisa, Go to My reports > Ledger. You can view and download your ledger from there.

Open a trading account online on 5Paisa

You can open a trading account online on 5Paisa. Stocks markets are transformed from an open outcry system to an Electronic system. Trading accounts acts as an investment account that holds your cash or securities electronically and also lets you buy or sell those securities in the stock market. Stock Traders trade in shares, securities, commodities, and currency through online trading platforms. For Income tax on trading, Equity Intraday, Equity F&O, Commodity Trading, and Currency Trading are considered as a Business Income.

Want to invest in Equity?
Need help filing your ITR? Don't worry, we can help you!
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Want to invest in Equity?
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Steps to open a trading account 5Paisa account

  1. Visit the 5Paisa website

    You can do it from here.

  2. Fill in Basic details

    -PAN Card
    -Date of Birth
    -Contact details: Mobile Number and Email Id
    -Bank details
    Click on Proceed.

  3. Fill in your personal details

    -Gender
    -Martial status
    -Name
    -Mother’s name
    -Father’s name
    -Educational qualification
    -Occupation

  4. Fill in your FATCA details

    -Nationality
    -Country of Birth
    -Source of Income
    Select the two tick boxes and click on Proceed

  5. Fill in your Address

    Click on Proceed

  6. Upload documents

    -PAN Card
    -Signature
    -Photo
    -Address Proof
    -Financial Proof
    Click on Proceed.

  7. Select a Plan as per your requirement

    Check the tick box and click on Proceed

  8. An In Person Verification is required for account opening.

    Click on Send me the link. Record a 6-second video and Click on Submit

  9. Lastly, your name and E-sign gateway will be auto-filled for you

    Click on Submit

  10. E-sign using Aadhaar

    Enter your Aadhaar number and click on send OTP

  11. Enter your OTP

    Click on verify OTP

  12. Your account opening process is now complete

    You will be able to trade shortly

Import Your Trades
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Import Your Trades

File ITR Online

India’s fastest growing Tax Filing Platform

[Rated 4.8 stars by customers like you]

FAQs

What is the difference between Trading and Demat account?

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

Can I have 2 trading accounts?

Yes. An Individual can have as many trading accounts as they want. You can link the same bank account with different trading accounts. However, you can’t have multiple accounts linked with the same broker.

What is 3 in 1 account?

3 in 1 account refers to as an Individual opening a Bank account, Demat account and Trading account simultaneously with the same bank.

What Expenses Can a Trader claim in Income Tax Return?

Expenses a Trader can Claim

A trader can claim all the expenses directly connected to the trading income as a deductible. The expenses incurred should be wholly and exclusively in relation to business and professional income. Therefore, these expenses include business expenses such as:

  • Rent Expense – If the trader has an office in rented premises, you can claim the rent paid as a valid expense. Hence, you must save the rent receipts and rent agreement for future references.
  • Insurance Expense – You can claim insurance expenses on assets used for business purposes.
  • Repairs & Maintenance – Expense paid for repairs of the laptop, furniture, or any other equipment for business purposes are deductible.
  • Office Supplies – Expense like stationery expense, printing expense, tea coffee expenses, etc. is a valid deductible.
  • Electricity Expense – Electricity Expense for office claimed as an expense is deductible. If you are working from home, you can claim electricity expenses proportionally.
  • Membership Fees– If you pay any membership fee for a trading platform or for a platform related to trading, it is deductible. For example, a trader can claim the membership fee paid for becoming a member of the trader’s club. However, if he pays membership fees of a golf club for his recreational purpose, it cannot be claimed
  • Legal & Professional Fees– Any fee paid to a professional for their services is deductible as a valid expense. This includes tax return filing, tax audit, legal advice, consultancy services, etc.
  • Books & Subscriptions – If a trader pays for subscriptions of magazines or purchased books related to trading, it is deductible.
  • Depreciation – It means claiming the cost of the asset as expense over the life of the asset. As per the IT Act, we cannot claim the cost of the asset as an expense; however, you can claim the depreciation on the asset as an expense. For example, You have purchased a high-end computer for Rs 10 lakhs. The depreciation rate is 60%. Hence, you can claim 6 lakhs as depreciation in the 1st year (10,00,000*60%). And can carry forward the remaining amount to next year.
  • Mobile & Internet Expense – Expense incurred to pay mobile bills, telephone bills and internet charges can be claimed. It is deductible if the expense if it is for business purpose.
  • Finance Costs – If you take a loan for your trading business, you can claim interest paid on such a loan as a deductible expense.
  • Trading Expenses – All charges and expenses paid for the purpose of trading are deductible. This includes Brokerage, Turnover Fees, Clearing Charges, Exchange Transaction Charges, STT, Stamp Duty, GST, etc.
  • Other Business Expenses – Any other expense that is directly related to your trading business can be claimed as a valid expense
ITR for F&O Traders
CA Assisted Income Tax Return filing for Individuals and HUFs having income from F&O/ Derivatives Trading.
[Rated 4.8 stars by customers like you]
ITR for F&O Traders
CA Assisted Income Tax Return filing for Individuals and HUFs having income from F&O/ Derivatives Trading.
[Rated 4.8 stars by customers like you]

Can I claim Tax paid as Business Expense?

  • STTSecurities Transaction Tax is paid on trading in securities i.e. equity shares, equity mutual funds, ETFs, equity futures, equity options, etc. The trader can claim STT paid as a valid business expense if he/she reports such income as a business income
  • Stamp Duty – Stamp Duty is an expense on the transfer of securities. Therefore, the trader can claim Stamp Duty paid as a valid business expense if he/she reports such income as a business income
  • CTT – Commodities Transaction Tax is on trading in commodities. The trader can claim CTT paid as a valid business expense
  • Input GST – CGST, SGST, IGST is on trading expenses is deductible as a valid business expense. Only if is the trader has no GST registration. If the trader has registration under GST, they can claim the credit of Input GST against Output GST. Hence, they are not allowed double deductions.
  • Tax on Income – Tax paid on income such as Income Tax or tax paid on sales such as GST cannot be claimed as a business expense

Expenses which a Trader cannot claim in Income Tax Return

  • Personal Expenses – An expense incurred for personal purposes is not deductible.
  • Fines & Penalties – The non-compliance or delay in compliance attracts interest and penal consequences. Hence, interest, fine, late fee, penalty, etc. are not a valid deductible.
  • Tax – Any form of Tax paid on the income earned is not deductible as an expense. For example Income Tax, Advance Tax, GST etc
  • Cash Payment – If an expense has been paid in cash for an amount exceeding Rs. 20,000, it cannot be claimed as an expense. Additionally, there are exceptions to this mentioned under rule 6DD of the Indian Income Tax Act
  • TDS not deposited – If tax is not deducted at source or not deposited, then such expense is not deductible. These expenses include interest, commission, rent, royalty, professional or technical fees paid or payable to any person in India.

Points to remember for Trader who claims Business Expenses

  • The invoice should be in the name of the trader and the invoice date should fall in the relevant financial year
  • If a trader incurs an expense for both personal and business purpose, he/she should claim a reasonable portion towards business
  • The trader should preserve the bills, invoices, or any other proofs of the payments made. You need to submit proofs during the process of Tax Audit by a Chartered Accountant. If the Income Tax Department issues a notice, these proofs justify expenses claimed.
  • If a trader uses some specified services, he/she should deduct TDS as per the applicable TDS section. For example, Mr. X, a trader obtained the services of a professional CA for auditing his books of accounts and filing ITR. Mr. X should deduct TDS u/s 194J on making payment to the Chartered Accountant. He should deposit the TDS and file TDS Return Form 26Q
  • The trader should not pay expenses in cash. The cash payment made to a single person in a day should not exceed Rs. 10,000. Thus, pay expenses using modes other than cash
  • While calculating Income Tax on trading, the trader can claim deductions under chapter VI-A. This includes LIC premium (80C), medical insurance premium (80D), interest on an educational loan (80E), etc.
  • If the income from business or profession is more than Rs.1,50,000 or the total sales or gross receipts is more than Rs.25 lacs in any of the preceding 3 years, then you must maintain books of accounts which can help the Assessing Officer to calculate the taxable income as per the Income Tax Act
  • If a trader opts for Presumptive Scheme u/s 44AD, they cannot claim expenses. This is because they are not required to maintain books of accounts.

A trader having Business Income should claim valid business expenses in the P&L Statement. They also need to prepare financial statements and file ITR-3. The trader also needs to calculate the trading T/O and determine the applicability of Tax Audit to file ITR.

Check Tax Audit Applicability u/s 44AB
Check Income Tax Audit applicability u/s 44AB to file Tax Audit Report Form 3CB - 3CD with your Income Tax Return.
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Check Tax Audit Applicability u/s 44AB
Check Income Tax Audit applicability u/s 44AB to file Tax Audit Report Form 3CB - 3CD with your Income Tax Return.
Explore
Import Your Trades
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Import Your Trades

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India’s fastest growing Tax Filing Platform

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Expenses that can be claimed in case of Sale of shares

Income from Sale of shares is taxable under the head Income from Capital Gains. Expenses which are wholly and exclusively incurred in relation to the transfer of shares, are allowed to be deducted from sales consideration. Expenses such as brokerage, stamp duty, sales commission, etc. can be claimed as an expense in your Income Tax Return. All these expenses are allowed as deduction only for the purpose of calculating the Capital Gains. However, Securities Transaction Tax (STT) is not allowed as a deduction.

ITR for Capital Gains from Investment in Stocks
CA Assisted Income Tax Return filing for Individuals and HUFs having income from sale of securities.
[Rated 4.8 stars by customers like you]
ITR for Capital Gains from Investment in Stocks
CA Assisted Income Tax Return filing for Individuals and HUFs having income from sale of securities.
[Rated 4.8 stars by customers like you]

FAQs

Can I claim GST paid as a business expense?

CGST, SGST, IGST paid on expenses is deductible as a valid business expense only if is the business has no GST Registration. If the business is registered under GST, they can claim the credit of Input GST against Output GST. Hence, they are not allowed double deductions. Thus, they cannot claim GST paid as a business expense.

Open a trading account online on HDFC Securities

You can open a trading account on HDFC Securities completely online. Recently, stock markets are transformed from an open outcry system to an Electronic system. Trading accounts acts as an investment account that holds your cash or securities electronically and also lets you buy or sell those securities in the stock market. Stock Traders trade many instruments, for example, shares, securities, commodities, and currency through online trading platforms. For Income Tax on trading, Equity Intraday, Equity F&O, Commodity Trading, and Currency Trading are considered as a Business Income.

Promo Code
Tax Compliance for HDFC Securities 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 HDFC Securities 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
Explore Now

Steps to open a trading account on HDFC Securities

  1. Visit the HDFC Securities website.

    On the website, fill in details like:
    Name
    Email
    Mobile number
    City

  2. You will receive an OTP on that number

    Enter the OTP. Click on Open my Account.

  3. A sales representative will shortly contact you for further process.

    As seen below:

  4. The sales representative will require documents during the in person visit.

    These documents are:
    -Self-attested PAN card copy
    -Self-attested Aadhaar copy
    -Canceled cheque of the bank account you wish to link
    -Passport size photo
    -Residential address proof
    -Account holder’s signatures are also necessary

  5. Your account will become active once the documents get verified.

    This may take 5-7 working days

Want to invest in Equity?
Need help filing your ITR? Don't worry, we can help you!
[Rated 4.8 stars by customers like you]
Want to invest in Equity?
Need help filing your ITR? Don't worry, we can help you!
[Rated 4.8 stars by customers like you]

FAQs

What is the difference between Trading and Demat account?

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

Can I have 2 trading accounts?

Yes. An Individual can have as many trading accounts as they want. You can also link the same bank account with different trading accounts. However, you can’t have multiple accounts linked with the same broker.

What is 3 in 1 account?

3 in 1 account refers to as an Individual opening a Bank account, Demat account and Trading account simultaneously with the same bank.

Open a trading account online on Motilal Oswal

You can open a trading account online on Motilal Oswal. Recently, stock markets are transformed from an open outcry system to an Electronic system. Trading accounts acts as an investment account that holds your cash or securities electronically and also lets you buy or sell those securities in the stock market. Stock Traders trade many instruments, for example, shares, securities, commodities, and currency through online trading platforms. For Income Tax on trading, Equity Intraday, Equity F&O, Commodity Trading, and Currency Trading are considered as a Business Income.

Want to invest in Equity?
Need help filing your ITR? Don't worry, we can help you!
[Rated 4.8 stars by customers like you]
Want to invest in Equity?
Need help filing your ITR? Don't worry, we can help you!
[Rated 4.8 stars by customers like you]

Steps to open a trading account online on Motilal Oswal

  1. Visit the Motilal Oswal website

    You can also do it from here.

  2. Fill in your details

    The details are:
    -Name
    -Mobile number
    -City
    Click on Let’s begin.

  3. A pop up will come asking you for your email address

    Submit your Email address for further communication. Click on Submit.

  4. Choose a Plan for as per your requirement

    Check the tick box. Click on Next.

  5. Pay the account plan charges

    Through your preferred payment mode

  6. After that, you will be required to upload your documents

    This includes:
    -One recent passport size photo
    -Cancelled cheque/ bank statement/ passbook
    -Driver’s licence/ electricity bill (not older than 2 months)
    -PAN Card

  7. Hence, the process is now complete.

    A sales representative will contact you for account activation after verifying your documents.

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]

FAQs

What is the difference between Trading and Demat account?

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

Can I have 2 trading accounts?

Yes. An Individual can have as many trading accounts as they want. You can also link the same bank account with different trading accounts. However, you can’t have multiple accounts linked with the same broker.

What is 3 in 1 account?

3 in 1 account refers to as an Individual opening a Bank account, Demat account and Trading account simultaneously with the same bank.

Open a trading account online on Sharekhan

You can open a Sharekhan account completely online. Recently, stock markets are transformed from an open outcry system to an Electronic system. Trading accounts acts as an investment account that holds your cash or securities electronically and also lets you buy or sell those securities in the stock market. Stock Traders trade many instruments, for example, shares, securities, commodities, and currency through online trading platforms. For Income Tax on trading, Equity Intraday, Equity F&O, Commodity Trading, and Currency Trading is considered as a Business Income.

Want to invest in Equity?
Need help filing your ITR? Don't worry, we can help you!
[Rated 4.8 stars by customers like you]
Want to invest in Equity?
Need help filing your ITR? Don't worry, we can help you!
[Rated 4.8 stars by customers like you]

Steps to open a trading account online on Sharekhan

  1. Visit the Sharekhan website

    Click on Open an account. You can access it here.

  2. Click on Open trading account

    As seen below:

  3. After that, fill in your details

    Including:
    -Name
    -Email id
    -Mobile number
    -Location
    -Pincode

  4. Next, click on Open trading account

    As seen below:

  5. Online process of account opening is completed

    Finally, the process is offline from here.

  6. A sales representative will shortly contact you

    After that, will require documents such as:
    -Self-attested PAN
    -Self-attested Aadhaar
    -Passport size photo
    -Canceled cheque or bank passbook to link with your account

  7. Finally, once your documents get processed, your account will get activated.

    You will receive a notification for the same.

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]

FAQs

What is the difference between Trading and Demat account?

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

Can I have 2 trading accounts?

Yes. An Individual can have as many trading accounts as they want. Additionally, you can link the same bank account with different trading accounts. However, you can’t have multiple accounts linked with the same broker.

What is 3 in 1 account?

3 in 1 account refers to as an Individual opening a Bank account, Demat account, and Trading account simultaneously with the same bank.

Download Ledger from Kotak Securities

Kotak Securities allows you to download your Tradebook/Ledger from their trading portal. A Ledger/Tradebook contains all the transactions made in the stock market from a trading account. Therefore, this applies to all the segments i.e Equity, Futures, Options, etc. Trading ledger is the same as a Tradebook. One also uses Ledgers to prepare a Profit & Loss statement for Income tax on trading of a particular Financial Year.

Promo Code
Tax Compliance for Kotak Securities 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 Kotak Securities 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
Kotak

Steps to download the Ledger from Kotak Securities

  1. Log in to your Kotak Securities portal

    You can do it from here.

  2. Go to Services

    Next, click on Account services

  3. Click on View my ledger

    From the Options

  4. Select the necessary filters and Click on Go

    Click on NSE for details

  5. You can now view your Ledger Entries

    From here.

Invested in Intraday?
Need to file your ITR? Let us help you out!
[Rated 4.8 stars by customers like you]
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FAQs

Is tax audit compulsory for F&O loss?

Tax Audit is applicable if the turnover of a taxpayer exceeds Rs. 1 cr in a particular Financial year. It is also applicable if the net profit is less than 6%/8% of the turnover. Filing Tax Audit report is compulsory in order to file ITR. The tax Audit report can only be filed by a CA.

What is the difference between the order book and trade book?

When an order is placed in the stock market, the details of the order, quantity of the order, price of the order and its unique order number is recorded in the order book. While when an order is executed in the stock market, its execution status and trade number get recorded in the trade book.
Most of the time, orders get executed immediately, therefore, order book and trade book reflects the same.

How to download Tax P&L from Kotak securities?

In order to download Tax P&L from Kotak securities, Log in to the portal. Go to Bill > Profit & Loss. Click on go and then download.