Tax reports to simplify filing your taxes (FY2025/26)

Filing an income tax return is important for traders and investors, whether they made a profit or a loss during the year.

A common misconception is that losses do not need to be reported. However, your trading and investment activity may still need to be disclosed, and not reporting it could lead to queries from the Income Tax Department.

For the financial year 2025–26, the income tax return filing deadline depends on the type of income you have and whether your accounts require an audit:

• 31 July 2026: For taxpayers filing ITR-1 or ITR-2
• 31 August 2026: For taxpayers filing ITR-3 or ITR-4 without a tax audit
• 31 October 2026: For taxpayers whose accounts require a tax audit

Tax filing can seem complicated, especially when you have trades across different segments. Console provides detailed reports that bring all of the information you may need into one place.

Tax P&L report

The Tax P&L report is a consolidated summary of your trading and investment activity for a selected financial year, designed to help you understand your profits, losses, and turnover for tax purposes.

It includes a trade-wise profit and loss overview across all segments, along with turnover calculated as per Section 44AB of the Income Tax Act, which can be relevant when assessing tax audit applicability.

We’ve updated the Tax P&L report to make it easier to identify the applicable tax treatment; here’s what’s new:

• The Trade-wise Entry/Exit Sheet and Equity Sheet now classify investments under equity, non-equity, and debt-ETFs, replacing the earlier equity and non-equity grouping.
• Equity Sheet now shows short-term and long-term gains separately for non-equity trades.
• The dividend report now provides a quarter-wise breakup, making it easier to report dividend income while filing your return.
• For investments in debt securities, the report now includes a dedicated Debt Interest Statement showing the interest received.
• Console now lets you download quarterly Tax P&L reports based on advance tax due dates using the new Advance tax option on the Tax P&L page.
• We’ve also added a summary of P&L for non-equity trades on the Tax P&L page.

The report also provides separate profit and loss summaries for different asset classes, including:

• Equity
• Mutual funds
• Futures and options
• Currency derivatives
• Commodities
• Debt securities and other instruments

These summaries help you review your activity without going through every trade individually. A detailed trade-wise breakdown, including the charges associated with each trade, is available in the Trade-wise Entry/Exit Sheet.

Other information included in the report

The Tax P&L report also includes account-level credits and charges that may not appear in your contract notes, such as:

• Depository participant, or DP, charges
• MTF interest charges
• Account maintenance charges
• Payment gateway charges
• Other account-level charges

Open positions in the F&O, currency, or commodity segments at the end of the selected period are listed separately.

You can also view the opening and closing ledger balances for the selected period.

When calculating advance tax during the year, you can generate the report for individual advance-tax quarters instead of waiting until the end of the financial year.

Download the Tax P&L report

Other Console reports that may be useful

For many users, the Tax P&L report brings together much of the information needed while preparing an income tax return. Depending on your requirements, the following reports may also be useful.

Contract notes

A contract note contains details of all trades executed on a particular day, along with a breakdown of the applicable brokerage, taxes, and other charges.

Use this report when you need day-wise, transaction-level information.

Download Contract notes

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

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.

Download Holdings 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. You can also check out this post to learn the basics.

Check out this video on common mistakes to avoid when filing taxes.

We have partnered with Quicko to make tax filing easy for Zerodha users. Visit Quicko to learn more.

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