Knowledge Base

The Profit & Loss – Equity report on Samco Star can be used as a reference when filing your Income Tax Return (ITR).

The report gives you a segment-wise summary of your realised gains and losses from equity trading for the financial year. This information is typically required when reporting capital gains or business income from trading in your ITR.

What to keep in mind:

• Short-term and long-term capital gains are taxed at different rates make sure you classify your trades correctly based on the holding period
• The P&L report shows your trading P&L; for a complete ITR filing, you may also need your dividend statements and other investment details
• If you have a high volume of trades or carry forward losses, consider consulting a tax professional or CA

To access the report for a specific financial year, log in to Samco Star → Reports → Profit & Loss – Equity → select the relevant financial year → Download.