Tax P&L on WebNotes

How to download the Tax P&L statement from Zerodha Console

Tue, 12 May 2026 00:00:00 +0000

The Tax P&L statement on Zerodha Console is Zerodha’s primary tax-reporting output. It aggregates all trades executed through the Zerodha platform in a given financial year and classifies them by asset class, holding period, and applicable section of the Income Tax Act, 1961. The report is designed as a starting point for populating Schedule CG (capital gains) and the business-income schedule in your ITR-2 or ITR-3.

Console Tax P&L statement

Mon, 11 May 2026 00:00:00 +0000

Overview

The Console Tax P&L statement is a structured profit and loss report generated by Zerodha Console for a specified financial year. Unlike the raw Tradebook, which lists individual executions chronologically, the Tax P&L statement applies the First In, First Out (FIFO) cost-allocation method mandated by the Income Tax Act, 1961 to compute realised gains and losses at the scrip level. The output is segmented by holding period (short-term versus long-term for equity) and by income head (capital gains versus business income for F&O and intraday), making it directly usable in the appropriate schedule of the ITR.

Zerodha Console

Mon, 11 May 2026 00:00:00 +0000

Zerodha Console is the back-office and portfolio-reporting portal operated by Zerodha, India’s largest stockbroker by active client count, and is accessible at console.zerodha.com. Console provides Zerodha clients with a consolidated view of their trading history, ledger statements, tax profit-and-loss reports, demat account statements, and account management functions. It serves as the administrative complement to Kite, which is Zerodha’s order-execution interface.

Console aggregates data across all segments in which a client trades, including NSE and BSE equities, equity futures and options, currency derivatives, commodity derivatives (MCX and NCDEX), and direct mutual fund units held through Zerodha Coin. The portal generates documents required for Indian income tax filing: the tradewise profit-and-loss report, the capital gains report covering both short-term and long-term gains, the F&O turnover statement for tax audit determination, and the full contract note archive going back to account opening.