How to download a PPFAS capital-gains statement for ITR

From WebNotes, a public knowledge base. Last updated 17 May 2026. Reading time ~7 min. Level: Intermediate.

Key facts

Document name	PPFAS Capital Gains Statement (FY-end version) issued by CAMS as PPFAS's RTA
Coverage	All PPFAS scheme redemptions, switches, STP/SWP installments, and IDCW distributions for the selected FY
Sections included	Section 112A LTCG (equity-oriented), Section 111A STCG (equity-oriented), slab-rate STCG (debt-oriented post Finance Act 2023), and grandfathered-cost details for pre-31-Jan-2018 holdings
Typical use	ITR-2 or ITR-3 Schedule CG preparation, AIS reconciliation, tax-adviser handoff

This guide covers downloading the PPFAS Capital Gains Statement for a specific financial year through the PPFAS SelfInvest portal at selfinvest.ppfas.com. The capital-gains statement is the authoritative document issued by CAMS (as PPFAS Mutual Fund’s RTA) that summarises taxable events for the FY, broken down by tax section. It is the primary input for ITR-2 or ITR-3 Schedule CG preparation, and it underpins reconciliation against the AIS issued by the Income Tax department.

Prerequisites

An active PPFAS SelfInvest account.
The FY for which the statement is needed (e.g., FY 2025-26 for ITR filing in July 2026).
An understanding of the relevant tax framework:
- Section 112A LTCG at 12.5 per cent above Rs 1.25 lakh annual exemption, for equity-oriented schemes held over 12 months (post Finance Act 2024).
- Section 111A STCG at 20 per cent for equity-oriented schemes held under 12 months (post Finance Act 2024, up from the prior 15 per cent).
- Slab-rate STCG for debt-oriented schemes (Liquid Fund, Conservative Hybrid) for investments made on or after 1 April 2023 (post Finance Act 2023).
- Grandfathering for equity-oriented holdings acquired before 31 January 2018: the cost basis is stepped up to the higher of (i) the actual cost or (ii) the fair-market-value as of 31 January 2018, subject to the actual sale price.
The investor’s overall PAN-linked LTCG events across all funds and equity holdings for the FY, to determine total LTCG exposure against the Rs 1.25 lakh exemption.
The AIS download from the Income Tax e-filing portal for reconciliation.

Step-by-step procedure

Step 1: Log in to selfinvest.ppfas.com

Open selfinvest.ppfas.com or the SelfInvest mobile app. Log in with PAN, password, and OTP, or biometric authentication.

Step 2: Navigate to Statements then Capital Gains Statement

From the dashboard, tap Statements then Capital Gains Statement (also called CG Statement or Tax Statement depending on the UI version). SelfInvest displays the generation form.

Step 3: Select the financial year

Pick the FY from the dropdown. The default is typically the most recent completed FY. Options include:

The current FY (in progress; statement is provisional and updates as transactions occur).
The most recent completed FY (the standard choice for ITR preparation).
Prior FYs going back several years (useful for revised returns or for grandfathered-cost references).

For ITR-2 filing in July 2026, the relevant FY is FY 2025-26 (1 April 2025 to 31 March 2026).

Step 4: Choose scope: consolidated or scheme-specific

Two options:

Consolidated: All PPFAS folios under the SelfInvest account. The standard choice for ITR.
Scheme-specific: A single PPFAS scheme. Useful for cross-checking a specific scheme’s events.

For Section 112A LTCG reporting in ITR, the consolidated PPFAS statement is the typical starting point. The investor then aggregates with other AMC statements and any direct-equity LTCG events for the full Schedule 112A entries.

Step 5: Choose format: PDF or Excel

Two formats:

PDF (digitally signed): The CAMS digital signature is embedded. Authoritative for ITR submission, tax-adviser handoff, and assessment scrutiny.
Excel (.xlsx): Tabular data. Suitable for import into tax-preparation tools (ClearTax, Quicko, TaxBuddy) and for personal-reconciliation worksheets.

For ITR submission and record-keeping, choose PDF. For tax-tool import, choose Excel.

Step 6: Generate and download

Tap Generate. The statement is produced within seconds. Download immediately or have it emailed to the registered email address.

The capital-gains statement typically contains the following sections:

Section A: Section 112A LTCG (Equity-Oriented Schemes): Each redemption (or switch-out) is listed with:
- Folio number.
- Scheme name and ISIN.
- Allotment date (purchase date).
- Redemption date.
- Number of units.
- Sale value.
- Cost of acquisition (with grandfathered-cost adjustment for pre-31-Jan-2018 holdings).
- Long-term capital gain.
Section B: Section 111A STCG (Equity-Oriented Schemes): Same structure for redemptions of equity-oriented units held under 12 months.
Section C: Slab-Rate STCG (Debt-Oriented Schemes, Post 1 April 2023): For Liquid Fund, Conservative Hybrid, and other less-than-35-per-cent-equity schemes acquired post 1 April 2023.
Section D: Pre-1-April-2023 Debt-MF Holdings (if any): Indexed long-term capital gains for grandfathered debt-oriented holdings still being redeemed.
Section E: Grandfathered Cost Annex: For pre-31-Jan-2018 equity-oriented holdings, the FMV on 31 Jan 2018 used as cost basis.
Section F: IDCW Distributions: A separate listing of IDCW receipts for Schedule OS reporting.

Step 7: Verify Section 112A and Section 111A entries

Cross-check the statement against the AIS (Annual Information Statement) from the Income Tax e-filing portal:

Login at the Income Tax e-filing portal.
Navigate to Services then Annual Information Statement (AIS).
Download the AIS for the relevant FY.
Search the AIS for PPFAS / CAMS entries. The AIS typically lists mutual fund redemptions and IDCW distributions reported by the AMC under the Statement of Financial Transactions (SFT) framework.
Compare each AIS entry against the PPFAS capital-gains statement.

For any mismatch (different amount, different date, missing entry), submit feedback in the AIS portal. The Income Tax department reviews AMC submissions and updates the AIS accordingly.

Step 8: Hand off to ITR preparation or tax adviser

For self-preparation:

Open ITR-2 or ITR-3 (whichever applies) on the Income Tax e-filing portal.
Navigate to Schedule CG then the relevant subsection (112A for LTCG, STCG for short-term).
For Schedule 112A: enter scrip-wise (ISIN-wise) details from the PPFAS statement plus other equity-MF holdings. The Income Tax department’s pre-fill from AIS may populate this automatically; cross-verify.
For STCG: enter the aggregate STCG by scheme.
For IDCW: report in Schedule OS (Other Sources).

For tax-adviser handoff: forward the digitally signed PDF (and optionally the Excel for the adviser’s working).

What can go wrong

Statement generation lag at FY-end: The capital-gains statement for FY 2025-26 is typically available from mid-April 2026 onwards. Statements requested before this date may be incomplete. The CAMS computation cycle finalises by 31 March year-end + 7 to 10 business days.
Grandfathering not auto-applied: PPFAS’s capital-gains statement applies the grandfathering provisions automatically for pre-31-Jan-2018 equity holdings. Verify the FMV on 31 Jan 2018 used in the computation against the AMFI-published grandfathered NAV table.
AIS-statement mismatch: Common causes: AMC reported a switch as both a redemption and a purchase (correct) versus AIS expecting only one entry; AIS has stale data from a prior CAMS submission; the investor switched schemes mid-FY and one leg got missed.
Multiple PAN holdings: If the investor holds PPFAS units under multiple PAN registrations (rare but possible due to historical registration errors), each PAN has its own SelfInvest account and its own capital-gains statement. Aggregate carefully for ITR.
NRI capital-gains reporting: NRI investors have different TDS provisions (Section 196A for IDCW; Section 195 for redemptions). The statement format may differ; consult a tax adviser familiar with NRI ITR.
Section 111A STCG rate confusion: Post Finance Act 2024, the rate is 20 per cent (up from 15 per cent that applied through 22 July 2024). Redemptions before and after 23 July 2024 within FY 2024-25 may have different rates applied. The statement should reflect this; verify.
Section 112A Rs 1.25 lakh exemption: Up from Rs 1 lakh under Finance Act 2024. Effective 23 July 2024 for FY 2024-25. The Rs 1.25 lakh applies for the whole FY 2025-26.
Switch as redemption confusion: Switches are treated as redemptions for tax. The statement correctly captures this, but some investors mentally exclude switches from “real” redemption events. The tax liability is real.
STT and exit-load not in the gain computation: The capital-gains statement uses net sale value (net of STT, but exit load is typically separately deducted from gross redemption value before tax computation). Verify the working.
Multiple FY range: If multi-FY selection is needed (for revised returns or for grandfathering tracing), download each FY separately for clarity.

Reading the capital-gains statement: a worked example

A PPFCF Direct Growth folio with two FIFO lots:

Lot 1: 100 units at NAV Rs 25 (acquired 10 January 2018, pre-grandfathering date), FMV on 31 Jan 2018 = Rs 27.
Lot 2: 200 units at NAV Rs 50 (acquired 5 July 2024).

Redemption: 250 units on 5 February 2026 at NAV Rs 80.

FIFO sequence:

First 100 units sold from Lot 1: Sale value 100 x 80 = 8,000. Cost basis = max(actual cost Rs 2,500, FMV on 31 Jan 2018 Rs 2,700) = Rs 2,700. LTCG = 8,000 - 2,700 = Rs 5,300. (Holding period over 12 months; Section 112A.)
Next 150 units sold from Lot 2: Sale value 150 x 80 = 12,000. Cost basis = 150 x 50 = 7,500. STCG = 12,000 - 7,500 = Rs 4,500. (Holding period under 12 months from 5 July 2024 to 5 February 2026 is actually 19 months, so this is LTCG of 4,500, not STCG.)

Wait, 5 July 2024 to 5 February 2026 is 19 months. So both lots qualify as LTCG.

Total LTCG = Rs 5,300 + Rs 4,500 = Rs 9,800.
Tax: Rs 9,800 is below Rs 1.25 lakh exemption; tax payable Rs 0 (subject to other LTCG in the FY).

The capital-gains statement presents this row by row with the grandfathered cost annex separately.

How to download a PPFAS account statement covers the general account statement
How to compute LTCG on PPFCF with grandfathering covers the manual calculation
How to compute STCG on PPFAS equity schemes covers the manual STCG computation
How to file Schedule 112A in ITR for PPFAS LTCG covers the ITR-2 Schedule 112A entries
How to download AIS and TIS for PPFAS reconciliation covers the Income Tax portal’s AIS download
How to reconcile AIS with the PPFAS capital-gains statement for ITR covers the reconciliation workflow
The reference article on the PPFAS SelfInvest portal covers the full portal functionality

External references

References

PPFAS Mutual Fund, SelfInvest portal at selfinvest.ppfas.com, capital-gains statement (accessed May 2026).
Income Tax Act, 1961, Section 112A (long-term capital gains on listed equity and equity-oriented schemes).
Income Tax Act, 1961, Section 111A (short-term capital gains on listed equity and equity-oriented schemes).
Finance Act, 2024 (Section 112A LTCG at 12.5%, Section 111A STCG at 20%, Rs 1.25 lakh LTCG exemption, effective 23 July 2024).
Finance Act, 2023 (debt-MF taxation amendment for funds with less than 35 per cent equity).
Finance Act, 2018 (grandfathered-cost provision under Section 112A; FMV on 31 January 2018 reference).
AMFI 31 January 2018 grandfathered NAV table.
CBDT circulars on Section 112A reporting and Schedule 112A in ITR.
CAMS Investor Services operational documentation on capital-gains statement.
PPFAS investor desk FAQ at amc.ppfas.com/faqs/.

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Last reviewed: 17 May 2026
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