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How to Download Zerodha Tax P&L Report for FY 2025-26

Step-by-step instructions to download the Zerodha Tax P&L Excel report from Console for FY 2025-26 — covering all segments: equity, F&O, and mutual funds.

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Reviewed by ICAI-registered Chartered Accountants · Accurate for FY 2025-26 · Updated 1 March 2026

To download the Zerodha Tax P&L for FY 2025-26: log in to console.zerodha.com → click the Q icon (top right) → P&L → set the date range 01-Apr-2025 to 31-Mar-2026 → Download. The Zerodha Tax P&L is the primary input for Schedule CG (capital gains) and Schedule BP (F&O income) in your client's ITR.

5-step workflow: Log in → Open Reports → Select FY 2025-26 → Download Report → Upload to FirstReports

Before You Begin

  • Your Zerodha login credentials (client ID + password / TOTP)
  • Financial Year: April 2025 – March 2026 (FY 2025-26)

Step-by-Step Download Instructions

Report downloaded? Let a CA file your ITR with it.

Upload once. Your assigned CA handles computation, filing, and acknowledgement.

  1. Go to console.zerodha.com and log in to your account.
  2. Click on the Reports section in the top navigation, then select Tax P&L.
  3. Under the Financial Year dropdown, select 2025–26.
  4. In the From field choose Q1 (April–June 2025) and in the To field choose Q4 (January–March 2026).
  5. Click the blue arrow (→) to generate the report.
  6. Once the report loads, click "Download Tax P&L report for all segments".

What's in the Report

The downloaded Excel file contains three sheets:

  • Tradewise Exits: Every FIFO-matched buy–sell lot with entry date, exit date, holding period, FMV (for grandfathering), and taxable profit.
  • Equity: Aggregate charges (brokerage, STT, SEBI fees, stamp duty, GST) and section-level summaries for Intraday, Short Term, and Long Term.
  • Mutual Funds: Redemptions split by equity MF STCG / LTCG and debt MF.

This file is specifically designed for ITR filing — it applies FIFO and grandfathering automatically.

Upload to FirstReports

Once you have the file, upload it to FirstReports. The platform auto-detects the Zerodha export format, parses every row, and merges the data with reports from your client's other brokers — producing one consolidated STCG / LTCG / F&O statement ready for ITR filing.

Tax Rates for FY 2025-26 — What CAs Apply to This Report

The Finance Act 2024 (effective 23 July 2024) revised the capital gains tax rates. Since FY 2025-26 falls entirely after that date, the revised rates apply to all transactions in this report:

  • STCG — Section 111A (equity, held ≤ 12 months): 20% + 4% cess
  • LTCG — Section 112A (equity, held > 12 months): 12.5% on gains above ₹1.25 lakh + 4% cess
  • F&O income: Non-speculative business income — taxed at slab rate in ITR-3 (Schedule BP)
  • Intraday equity: Speculative business income — taxed at slab rate in ITR-3

What CAs Must Do with This Report Before Filing ITR

  • AIS reconciliation: Match the securities transactions in this report against the Annual Information Statement (AIS) on incometax.gov.in. Common differences are settlement date vs trade date and gross vs net figures — file AIS feedback for genuine discrepancies before submitting the ITR.
  • Separate segments: F&O P&L belongs in Schedule BP of ITR-3, not Schedule CG. Even one F&O contract mandates ITR-3 — filing ITR-2 for a client with any F&O trades is a defective return.
  • Schedule 112A: LTCG requires scrip-wise entry in Schedule 112A — ISIN, acquisition date, cost (post-grandfathering), sale date, and consideration. This data is in the broker report; use FirstReports to auto-generate the schedule from this file.

Frequently Asked Questions

Where exactly is the capital gains or P&L report in Zerodha?

After logging in to console.zerodha.com, navigate to: console.zerodha.com → Q (top right) → P&L → set dates 01-Apr-2025 to 31-Mar-2026 → Download. The section is usually labelled "Reports", "MyAccount", or "Finance" depending on the platform version.

What date range should I select for FY 2025-26?

Set the date range to 01 April 2025 – 31 March 2026. If the platform shows a financial year dropdown, select FY 2025-26 directly. Avoid the calendar year (Jan–Dec) selection by mistake.

Does the Zerodha report include F&O and intraday income?

Yes. The Zerodha report covers equity delivery (STCG/LTCG), intraday equity, F&O, and commodity. F&O income is non-speculative business income (ITR-3, Schedule BP) — not a capital gain. Intraday equity is speculative business income. Both must be separated from delivery-based STCG/LTCG before entering figures in Schedule CG.

What file format does the Zerodha report download in?

The report downloads as Excel or CSV. Zerodha applies the grandfathering provision (FMV on 31 Jan 2018) for shares acquired before that date. You can upload this file directly to FirstReports without any manual reformatting.

Can I upload the Zerodha report directly to FirstReports?

Yes. Upload the downloaded file on your client's page in FirstReports. The platform auto-detects the Zerodha column layout, classifies every trade as STCG, LTCG, intraday, or F&O, and merges it with reports from the client's other brokers — producing one consolidated tax-ready statement.

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