TAX P&L

How do I access the Capital Gain Computation Statement ?

The tax statement includes details of transactions made over financial years. When the tax statement for a financial year is generated, sale transactions during that year are matched with corresponding purchases (across financial years), and profits and/or losses are calculated based on the FIFO principle. For example, you sell shares (that were purchased in FY 2010-11) in FY 2021-22. Based on the FIFO principle, taxes for FY 2021-22 are calculated based on your purchase cost in FY 2010-11. For tax purposes, your statements can be accessed by following the below steps :

• In the 'Reports' page, find 'Tax P&L'

• Choose either of the two: equity or Mutual Fund

• If you need the tax statement of equity, set the financial year and format, accept the terms and conditions, and click on submit request.

• Your request for the Capital Gain Computation Statement will be processed soon, and the statement will be received in your registered email ID. You will also be provided with a reference ID.

• If you need the tax statement of mutual funds, enter the client ID, financial year, and file format and download the report. Your PAN in upper case will be the password to open this statement.