Right now, the P&L > Equity segment combines both intraday and CNC profit/loss, which isn’t logical. These are distinct categories, and merging them creates confusion. Please separate intraday and CNC into different sections for better clarity.
Our P&L is calculated using the exchange trade files, which don’t indicate whether a trade is MIS or CNC; hence, the regular P&L shows only Equity as a segment.
If you want to know Intraday vs delivery P&L, you can check the Tax report. We’ll consider if we can/should replicate the same for the regular P&L report as well.
@TheGouda
But you don’t show the charges separately, right? This is required while filing the ITR. Since the charges aren’t segregated, it becomes impossible to identify intraday-specific expenses and claim them as deductions (except STT) during ITR filing.
You can check how other brokers do it and implement the same.
Tradwise charges are shown in the Tax report, along with intraday, short-term, and long-term segregation.
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@TheGouda
Thanks! Does it also show the total for each category (Brokerage, Exchange transaction, etc.) separately for intraday and CNC? if not, can it please be added in the report?
It does show each charge like STT, Brokerage, GST, etc., for intraday, short-term and long-term separately.
Which report are you referring to? I checked the Tax P&L statement, and under the Equity and Non-Equity tab, there is a ‘Charges’ section. However, it does not provide a separate breakdown for intraday and CNC trades.
Abhijit, please refer to Tradewise exits sheet in tax P&L.
Tradewise does not display a consolidated total for each category. As I mentioned, I need a combined total, but currently we have to calculate it ourselves for each category (such as Brokerage, etc.).
It becomes tedious and error-prone when there are many trades. In my case, it shows ~5,000 records, and calculating totals for each row isn’t the right approach. Brokers should provide a consolidated total as well.
We’ll review adding totals for each column subsection.