Yes, Angel One provides tax-saving reports like the Tax Profit & Loss (P&L) statements which help you file your Income Tax Return easily. These reports include details of your trading in equity, intraday, futures & options, and commodities, showing your profits, losses, brokerage, and taxes paid. Having these reports makes tax filing simpler and ensures you don't miss any important details.

Are Tax-Saving Reports Available on Angel One?

Yes, Angel One offers tax-saving reports, especially the Tax P&L statement that shows your trading profits, losses, and taxes paid. This report helps you understand your taxable income from trading and makes filing Income Tax Returns much easier.

How to Download Tax-Saving Reports on Angel One?

You can download the tax-saving report by logging into your Angel One account, going to the ‘Accounts’ section, and selecting the ‘Tax P&L’ option. Choose the financial year and download the report in Excel format. This report covers equity shares, intraday, futures & options, and commodity trading details.

What Information Is Included in Angel One Tax Reports?

The tax reports include details of your capital gains, losses, brokerage charges, Securities Transaction Tax (STT), and other transaction expenses. It clearly separates short-term and long-term gains, helping you calculate your tax liabilities easily.

Why Are Tax Reports Important for Traders?

Tax reports help traders track their income and expenses related to trading. They make it easy to file taxes on time and avoid penalties. By using Angel One’s reports, you get a clear picture of your financial transactions for the year and can plan your tax payments better.

Are Tax Reports Free on Angel One?

Yes, tax reports are available free of cost to Angel One customers. You can access and download them anytime from your account without any extra charges. This adds great value for traders and investors who want to keep their tax filings easy and accurate.