How to Download Axis Direct P& L Statement?

What is Axis Direct P&L Statement?

The Axis Direct P&L Statement, also known as the Capital Gains/Loss Statement, is a user-friendly report that simplifies your investment activity and performance for a specific period. It helps you understand the profits or losses you've incurred from buying and selling stocks and other capital assets on the Axis Direct platform, making the process more manageable for you.

Axis Direct capital gains statement details the realized gains or losses from selling your investments. It generally categorizes them into short-term capital gains/losses, which result from selling investments held for less than one year (in India), and long-term capital gains/losses, which result from selling investments held for more than one year (in India) and generally benefit from lower tax rates compared to short-term gains. Additionally, there might be a separate category for speculative gains/losses from derivatives trading, depending on how Axis Direct presents the information. The total gain/loss represents the overall net gain or loss for the specified period, considering all your capital gains and losses.

How to Download Axis Direct P&L Statement?

Here is how you can download the Axis Direct capital gain P&L statement:

Step 1: Log in to your Axis Direct account and select 'My Portfolio' from the 'Take Me To' dropdown menu.

Step 2: Click ‘Reports’ under the ‘Portfolio’ section.

Step 3: Choose 'Capital Gain & Loss Statement' for the capital gain statement.

Step 4: You can view and download the statement based on the financial year or a custom date range.

Step 5: Scroll down the page to find the blue Download link, where you can download the statements in Excel formats.

How to Upload Axis Direct P&L Statement on Tax2win?

After downloading the capital gains statement from the Axis Direct website, follow these steps to upload it on the Tax2win’s website.

• Step 1. Visit the Tax2win page, and select File your return.
• Step 2. Now select ‘capital gains’ as your source of income and click on continue.
  
  
• Step 3. Now, navigate to the ‘Capital Gains’ section. Click on ‘Axis Direct’.
  
  
• Step 4. From the pop-up window, click on browse files and upload the P&L statement.
  
  

Alternatively, you can also upload Axis Direct P&L using the Tax2win template.

• Step 1. Click on the Tax2win Template.
  
  
• Step 2.
  Click the 'Download Tax2win Template' button in the first step to download the template. Fill in your capital gain investment details as instructed in the template. Then, upload the completed template by clicking the 'Browse Files' button. Tax2win will read your transactions and calculate your capital gains details within minutes.
  
  

Once you have downloaded the capital gains statement for Axis Direct and uploaded it on Tax2win, you can go ahead and file your ITR. Remember, it is mandatory to furnish your Axis Direct P&L statement while filing your ITR to ensure accurate information about your trading and investments during the relevant financial year.

Filing your Income Tax Return with Tax2win is incredibly easy! Simply upload your Axis Direct P&L statement, and breeze through your capital gain tax filing in just minutes. Get started now.