Comment on Taxation for Traders - Introduction
HI Nithin,
I want to file my tax and my tax consultant wants me to give him a report with all the trades with buy price and sell price(inclusive of brokerage and tax)i.e. if I buy 100 TCS @ 2000 and total brokerge+tax comes to Rs100(or Rs.1 per share),then I should list buy price as Buy 100 TCS @ 2001.Similarly Sell Price(i.e.Sell Price-Brokerage and taxes). The reports in Zerodha backoffice mention total brokerage and taxes for a day or a given period.They dont mention brokerage and taxes for Individual trades. I dont know how to file taxes for stock market returns. Since my consultant is asking for individual break up of trades(with brokerage and tax),I would like to know whether it is possible to get the details that I want.
Thanks in advance.