Comment on Taxation for Traders - Introduction
Hi Zerodha,
thanks for this wonderful article, helped me a lot in understanding the proper filing of taxes.
One question though, it is clear the Speculative Losses in Equities Intraday can be netted off against only speculative profits, so in our backoffice reports, can we have two distinctive sections for seeing Speculative trades and Delivery Based trades separately.
Right now, when I see the PnL Report of my Equity section, I see Delivery based PnL, Speculative PnL, but the brokerage and charges for both are combined. Isnt it essential to see the charges for both sections separately to file them under income tax properly ?
Thanks,
Shrikant