How to Download the Geojit Capital Gains Statement?

What is the Geojit Capital Gains Statement?

As per the IT Act, income earned from selling assets such as stocks, bonds, commodities, and mutual fund units falls under the head 'Income from capital gains'. Depending on the holding period, it is categorized into short-term and long-term capital gains, which are taxed accordingly.

Therefore, when filing your income tax returns, uploading your capital gains statements is crucial. Geojit enables its users to download and review their profit and loss statements for each financial year.

If you are a Geojit trader, you need to download a capital gains statement for Geojit. It is a detailed record of your investments made through the Geojit platform and your overall profit or loss during the year.

It is a comprehensive report that tracks an individual’s investments, capital gains and returns over a specific period. Capital gains refer to the profit earned from selling assets held by you, which can be short-term or long-term based on the duration of asset ownership.

For investors engaging with Geojit, it is mandatory to furnish your P&L statement when filing your income tax return (ITR).

How to Download Geojit Capital Gains Statement?

Given below are some simple steps that you need to follow to check and download the profit and loss statements of Geojit -

• Step 1: Visit the official website of Geojit website and log in using your login credentials.
  
  
• Step 2: From the top left corner of the screen, find the triple bar option. Click on it. On the top-left corner of the screen, click on the triple bar icon. After this, click on ‘statements’ under ‘My Account’ dropdown.
  
  
• Step 3: Select ‘capital gain statements’ from the top menu. Under this, select ‘Tax-based Vas’. Now, enter the relevant details asked of you and select the relevant financial year for which you want to download the capital gains statement. After this, click on ‘submit.’
• Step 4: After this, you will receive your Geojit capital gains statement on your registered email ID as a ZIP file. You need to download it in excel format and extract it to get your capital gains statement.
  
  

How to Upload Geojit P&L Statement on Tax2win?

After downloading the capital gains statement from the Geojit 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 ‘Geojit’.
  
  
• Step 4. From the pop-up window, click on browse files and upload the P&L statement.
  
  

Alternatively, you can also upload Geojit 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.
  
  

You can follow the above mentioned easy steps to download and upload your Geojit capital gains statement. Keeping your Geojit capital gains statement handy at the time of ITR filing can ensure accuracy and also save time.

If you are planning to file your ITR for FY 23-24 and have already downloaded your Geojit capital gains statement, head over to Tax2win. With Tax2win, ITR filing is as easy as a breeze and takes less than 4 minutes. The ITR filing deadline is 31st July. Don’t wait; file your ITR yourself. File now!