How to Download the Sharekhan P&L statement?

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.