Tax reports on Console to simplify filing your taxes

As a trader, filing your taxes is important whether you’ve made a profit or a loss. Many assume that if they’ve made losses, they don’t need to file—but that’s not true. Skipping it could still attract a notice from the Income Tax Department.

We also know tax filing can feel complicated, which is why we’ve built detailed reports on Console to make the process simpler. Here’s a quick overview of the reports available and how they can help you file your taxes with ease.

Tax profit and loss statement

The Tax P&L statement is your go-to report. It gives you a breakdown of:

• Intraday equity trades
• F&O trades for all segments
• Capital gains from delivery trades
• Profits and losses for the financial year, and all the charges

This report also includes:

• Trade-wise P&L for all segments
• Instrument-wise and trade-wise turnover as per Section 44AB, to help check if a tax audit is needed
• All dividends earned during the year, which must be reported under “Income from other sources”
• All other credits and debits not in the contract note—like DP charges, account maintenance fees, and payment gateway charges

We have made new additions to the Tax P&L report:

• Trade-wise charges: You can now see exactly how much brokerage, taxes, and fees you have paid per trade across all segments, such as equity, F&O, currency, and commodity.

• Separate equity and non-equity details: The report now shows details for equity and non-equity instruments separately. For example, if you traded in Infosys and Liquid or Gold ETFs, you will see equity trades and trades for non-equity instruments like Liquid and Gold ETFs shown separately, as they are taxed differently.

Updated tax rate calculations

We have updated the Tax P&L report to show pre- and post-23rd July 2024 tax changes. Before 23rd July 2024, LTCG on equity and equity mutual funds above ₹1 lakh was taxed at 10%, and STCG was taxed at 15%.

From 23rd July 2024 onwards, LTCG is now taxed at 12.5%, and STCG at 20%. Therefore, the report clearly separates your gains based on these timelines to make filing accurate.

Buyback taxation changes

There has been a change in taxation for buybacks, too. For buybacks before 1st October 2024, the company paid the buyback tax. For buybacks after 1st October 2024, the tax liability falls on you, the shareholder. The amount you receive is treated as a deemed dividend and taxed according to your income tax slab.

The Tax P&L report shows separate entries for all the buybacks, allowing you to easily separate pre- and post-October 2024 buyback trades.

Download Tax P&L report.

Other helpful reports

Along with the Tax P&L, there are several other reports on Console that can make tax filing easier.

Contract notes

A contract note is a legal record of all trades executed on a given day. It shows order details—like price, quantity, time, and charges. These are especially useful if your CA or auditor asks for trade confirmations or proof of costs. On Console, you can download contract notes for up to one year at a time.

Download contract notes.

Tradebook

The tradebook lists every trade you’ve executed within a chosen segment (equity, F&O, commodities, etc.) for a given period. It helps reconcile transactions with your P&L and is often used to verify turnover calculations or when cross-checking entries with your broker statement.

Download tradebook.

Funds statement

This report tracks the movement of money in your Zerodha account—fund transfers, margin blocked and released, refunds, charges, and settlements. It’s handy for reconciling your bank transactions with trading activity and for showing proof of payments if needed during an audit.

Download funds statement.

Holdings statement

This report shows your holdings for a specific date. For tax purposes, the statement as of 31st March is especially important since it provides a snapshot of the securities you continue to hold into the next financial year.

To download: Go to Console holdings > Select the date as 31st March > Download.

Annual Global Statement (AGS)

The AGS is a one-stop summary of your entire trading account for the financial year. It consolidates all trades, corporate actions, brokerage, taxes, and charges across segments. This can be very useful for CAs who want an overview of your activity instead of reconciling multiple reports.

Download Annual Global Statement.

Filing taxes may seem like a daunting task, especially if you are doing it for the first time. We have written an entire module explaining taxation when trading and investing on Varsity. Check it out here.

We recently recorded a webinar with Quicko on how to file your taxes. The webinar has a detailed walkthrough on how to file taxes, latest updates of 2025, common queries about taxation, mistakes to avoid, and more.

If you have any questions regarding anything related to taxation, post them on TradingQnA.