The Realised P&L report and TAX P&L report in console are showing different values. For calculating advance tax, I used to look at the Tax P&L and choose the quarter for determining the STCG and LTCG. I notice that this report and the P&L report (Realised P&L) are showing totally different values. The Tax P&L screen is not taking the non equity items (Debt ETF and Gold and silver) for calculating the profit and loss. This is leading to inconsistent data in this screen.
Can you please add another tab (NON EQUITY) in the Tax P&L screen so that we can take this also into consideration to determine the taxation for these items? Thanks.
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Hi @abrahama
The summary section on the UI of tax P&L does not have a non-equity section yet; this will be brought in soon. There is a section under the Equity and Non Equity tab of the tax P&L downloaded report for the Non-equity P&L numbers, as shown in the image below. You can refer to the same in the meantime:
Hi @Ruchi_Porwal Thanks for your reply. This makes sense. Good to note that this will be in the UI page in console soon.
I am sure there are many people who go to the Tax P&L page and take that numbers as absolute. Would be really helpful if a circular or notification is sent to all customers . I am sure this information will benefit quite a lot of users.
Thanks
