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  7. How to File ITR for Sharekhan? - Download the Sharekhan Capital Gains Statement

How to Download the Sharekhan P&L statement?

Updated on: 19 May, 2025 01:46 PM

As more people delve into investments like Stocks, Mutual Funds, and Futures & Options (F&O), the need for accurate tax P&L statements when filing income tax returns becomes crucial.

In any financial year, traders or investors engage in transactions that can lead to capital gains or losses. Capital gains refer to profits or losses incurred from the sale or transfer of capital assets. Similar to other forms of income, these gains are taxable in India under the Income Tax Act, 1961.

Sharekhan stands out as one of India’s pioneering brokerage platforms, founded in 2000 and now a subsidiary of BNP Paribas, with over 130 branches across 670 locations in India. Offering a wide range of investment and savings solutions, Sharekhan caters to both individual investors and businesses alike.

Downloading Sharekhan's capital gain statement, though essential, can sometimes feel daunting and complex. This article provides a detailed guide on how to download the profit and loss statement via Sharekhan.

Sharekhan Profit and Loss (P&L) Statement

The Sharekhan P&L statement, also known as the capital gains statement, offers a comprehensive summary of all stock market transactions, including shares, bonds, mutual fund units, and profits earned, including dividends paid, over a specified period. This statement is crucial for stakeholders to assess Sharekhan's financial performance and is essential for calculating capital gains tax under the Income Tax Act. It also allows individuals to track their total earnings or losses throughout the fiscal year effectively.

Contents

How to Download Profit and Loss Statement in Sharekhan?

If you're unsure about where to find your capital gain statement in Sharekhan, follow these steps:

Step 1: Login: Visit Sharekhan's website and log in using your credentials.

Sharekhan's website

Step 2: Navigate to Portfolio: Select the 'Portfolio' option from the fifth tab and choose 'Detailed View'. Click on 'Reports'.

Navigate to Portfolio

Step 3: Access Capital Gain Report: Under the 'Portfolio Report' section, click on the 'Capital Gain' link.

Step 4: Select Financial Year: On the 'Capital Gain Report' page, select the relevant financial year (e.g., FY 2023-24).

Step 5: Download Statement: Click on the green Excel icon under the 'Download Reports' heading to download your profit and loss statement.

Capital Gain

How to Upload Sharekhan P&L Statement on Tax2win?

After downloading the capital gains statement from the Sharekhan 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.
    capital gains
  • Step 3. Now, navigate to the ‘Capital Gains’ section. Click on ‘Sharekhan’.
    capital gains
  • Step 4. From the pop-up window, click on browse files and upload the P&L statement.
    click on browse files

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

  • Step 1. Click on the Tax2win Template.
    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.
    Download Tax2win Template

Downloaded Sharekhan capital gain statement? Now, simply upload your Sharekhan P&L statement on Tax2win and breeze through your capital gain tax filing in just minutes. Get started now.

Key Changes introduced in ITR forms for (AY) 2025–26

  • Inclusion of Long-Term Capital Gains (LTCG) in ITR-1 and ITR-4
    Previously, taxpayers with any LTCG were required to file more complex forms like ITR-2 or ITR-3. Now, individuals with LTCG up to ₹1.25 lakh from listed equity shares or equity mutual funds under Section 112A can file using the simpler ITR-1 (Sahaj) or ITR-4 (Sugam) forms, provided there are no carried forward losses.
  • Segregation of Capital Gains Based on Transaction Date
    The updated ITR forms now require taxpayers to report capital gains separately for transactions executed before and after July 23, 2024. This change aligns with the revised capital gains tax rules introduced in the Union Budget 2024, which, among other things, reduced the LTCG tax on real estate to 12.5% without indexation from the previous 20% with indexation.
  • Reporting of Buyback Proceeds as Deemed Dividends
    From October 1, 2024, proceeds received from the buyback of shares by domestic listed companies are to be treated as deemed dividends. The updated ITR forms require these proceeds to be reported under 'Income from Other Sources.' Additionally, the capital gains schedule should reflect zero sale proceeds, allowing the cost of acquisition to be claimed as a capital loss, which can be carried forward for up to eight assessment years.
  • Enhanced Capital Gains Reporting in ITR-7
    For trusts, NGOs, and other institutions filing ITR-7, there is now a requirement to disclose capital gains separately for transactions before and after July 23, 2024. This change ensures accurate tax calculations in light of the revised capital gains tax rules.
  • Increased Threshold for Asset and Liability Reporting
    In the ITR-2 form, the threshold for mandatory reporting of assets and liabilities has been raised to ₹1 crore. This adjustment aims to reduce the compliance burden for taxpayers with assets below this threshold.

Key Changes introduced in ITR forms for (AY) 2025–26

  • Inclusion of Long-Term Capital Gains (LTCG) in ITR-1 and ITR-4
    Previously, taxpayers with any LTCG were required to file more complex forms like ITR-2 or ITR-3. Now, individuals with LTCG up to ₹1.25 lakh from listed equity shares or equity mutual funds under Section 112A can file using the simpler ITR-1 (Sahaj) or ITR-4 (Sugam) forms, provided there are no carried forward losses.
  • Segregation of Capital Gains Based on Transaction Date
    The updated ITR forms now require taxpayers to report capital gains separately for transactions executed before and after July 23, 2024. This change aligns with the revised capital gains tax rules introduced in the Union Budget 2024, which, among other things, reduced the LTCG tax on real estate to 12.5% without indexation from the previous 20% with indexation.
  • Reporting of Buyback Proceeds as Deemed Dividends
    From October 1, 2024, proceeds received from the buyback of shares by domestic listed companies are to be treated as deemed dividends. The updated ITR forms require these proceeds to be reported under 'Income from Other Sources.' Additionally, the capital gains schedule should reflect zero sale proceeds, allowing the cost of acquisition to be claimed as a capital loss, which can be carried forward for up to eight assessment years.
  • Enhanced Capital Gains Reporting in ITR-7
    For trusts, NGOs, and other institutions filing ITR-7, there is now a requirement to disclose capital gains separately for transactions before and after July 23, 2024. This change ensures accurate tax calculations in light of the revised capital gains tax rules.
  • Increased Threshold for Asset and Liability Reporting
    In the ITR-2 form, the threshold for mandatory reporting of assets and liabilities has been raised to ₹1 crore. This adjustment aims to reduce the compliance burden for taxpayers with assets below this threshold.

Frequently Asked Questions

Q- How often can I download my Capital Gains statement from Sharekhan?

You can typically download your Capital Gains statement from Sharekhan as often as needed. It's recommended to download it at the end of each financial year for tax purposes.

Q- Is there a fee for downloading the Capital Gains statement from Sharekhan?

No, downloading your Capital Gains statement from Sharekhan is usually free of charge for account holders.

Q- Can I download Capital Gains statements for previous financial years?

Yes, you can download Capital Gains statements for previous financial years from Sharekhan. There should be an option to select the relevant financial year when generating the statement.

Q- What format is the Capital Gains statement available in?

The Capital Gains statement is typically available for download in PDF/ Excel format, which is convenient for viewing and printing.

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