ITR helper — from broker P&L to ITR filing.
Paste the five numbers from your broker's FY26 tax P&L summary (Zerodha Console, Upstox Tax Report, Groww Reports). Get the correct ITR form, full Schedule-CG breakdown, old-vs-new regime compare, and a carry-forward list — everything you need to hand off to a CA or file yourself on the income-tax portal.
Your broker P&L summary
Pull these numbers from Zerodha Console / Upstox Tax P&L / Groww Reports for FY26 (Apr 2025 – Mar 2026). Paste absolute ₹ values.
Equity held < 12 months. Taxed at 20% flat.
Equity held ≥ 12 months. Taxed at 12.5% after ₹1.25L exemption.
Speculative business income — Sec 43(5). Use -ve for losses.
Non-speculative business income. Use -ve for losses.
Taxed at slab. 10% TDS above ₹10k/company/year (sec 194).
Total of salary + bank interest + rental etc. Enter gross (before any deductions).
Salary portion — used to apply ₹75k (new) / ₹50k (old) standard deduction.
Total across deductions — ₹1.5L 80C + ₹25k 80D + HRA + home loan interest + NPS 50k. Only affects old-regime compare.
Affects old-regime basic exemption (₹2.5L / ₹3L / ₹5L).
Schedule CG — capital gains
- STCG gross (sec 111A)
- ₹0
- STCG tax (20%)
- ₹0
- LTCG gross (sec 112A)
- ₹0
- Less: ₹1.25L exemption
- − ₹0
- LTCG taxable
- ₹0
- LTCG tax (12.5%)
- ₹0
Notes
- • FY26 (AY 2026-27). Rates: STCG 20% (sec 111A), LTCG 12.5% after ₹1,25,000 exemption (sec 112A), plus 4% health + education cess.
- • New regime is cheaper by ₹0.
- • Dividend income above ₹10k/company/year attracts 10% TDS under sec 194. Adjust against this tax liability when filing.
Where to find these numbers in each broker
Console → Reports → Tax P&L → Select FY26 → "Tax P&L" section at the top gives STCG / LTCG / Speculative (intraday) / Non-speculative (F&O).
Dashboard → Reports → Tax P&L → FY26 → Download the PDF. Page 1 summarises gains by category.
Profile → Reports → P&L Report → FY26 → Select "Tax" view. Equity delivery / intraday / F&O tabs each have totals.
ITR-2 vs ITR-3 — what applies
- ITR-2— only if you have salary + capital gains (STCG/LTCG) + interest + one house. No intraday, no F&O.
- ITR-3— mandatory the moment you have any intraday equity turnover OR any F&O activity (even single trade, even ₹0 P&L). Income-tax department treats these as business income under sec 43(5).
- ITR-4 — only for presumptive business (sec 44AD). Not typical for retail traders.
Due dates (AY 2026-27): Non-audit ITR — 31 Jul 2026. If F&O turnover > ₹10 Cr (cash receipts ≤ 5%) tax audit is required under sec 44AB and due date is 31 Oct 2026 with audit report by 30 Sep 2026.
Loss carry-forward playbook
- Intraday loss (speculative) — can only be set off against future speculative income. 4-year carry-forward.
- F&O loss (non-speculative) — can be set off against any head except salary. 8-year carry-forward.
- STCL — against STCG or LTCG same year. 8-year carry-forward (only against capital gains).
- LTCL — only against LTCG (same or future year). 8-year carry-forward.
Critical: file the ITR on or before the due date to preserve carry-forward. A belated return forfeits all loss carry-forward except house property loss.
Beyond the calculator — agent-reviewed filing
Sign in free and upload your Zerodha / Upstox tax P&L CSV. The agent cross-checks against AIS + Form 26AS, flags dividend TDS mismatches, computes 44AB turnover, and pre-fills the Schedule-CG structure in a copy-ready block.
Start free — no cardResearch tool · not investment advice.
Axel Markets is an information + analytics product. We are not a SEBI-registered Research Analyst (RA) or Investment Adviser (IA). Nothing on this page is a buy, sell, or hold recommendation. Past performance is not indicative of future returns. Verify all data against the authoritative source (NSE, BSE, AMFI, SEBI, company RHP / factsheet) before acting. ITR guidance only — not a substitute for a Chartered Accountant. Edge cases (inherited shares, ESOP RSU vest, options on bonds, multiple residency) need professional review. File on the official Income Tax e-filing portal (incometax.gov.in) only.