Zerodha shows the Equity and Debt Funt Profit or loss in single category however tax treamtment is different where Equity is @10% whereas Debt is @20% for older purchase and @30 for newer purcahse.
I believe they should show these profit differently in reports to avoid error.
It is the case for me as well. I guess that is the case for all. Their inability to handle such a simple calculation tells you all you need to know about them.
@Bhuvan @VenuMadhav I have downloaded the Tax P&L report for my account from console. In the excel sheet that is downloaded, I find that whatever I purchased in DEBT or GOLD as ETF is showing under the Equity tab of the excel sheet. GILT5YBEES (5 year Gilt ETF), GOLDBEES (Gold ETF), EBBETF0425 (BharatBond ETF) are all listed in the EQuity section and the cumulative short term and long term profits are adding all the direct stock shares and these debt and gold ETF’s as well.
The taxation for these different asset classes are different isnt it? Why is it that all these are clubbed in the same tab and a cumulative number is given for tax filing purposes? From what I understand, the auditors are taking the cumulative short term trade value and long term trade value and are calculating the tax liabilities, without knowing that the debt and gold ETF are also clubbed under Equity. Can you please give me some clarity?
Currently, we don’t have a separate sheet for Debt or Income from other sources in the Console Tax P&L report. We’re working on showing these separately and changes related to announcements made in the union budget 2024-25. Some of these should be live in the coming weeks.
Here’s the comparison of the previous and new capital gains structure by @Quicko
Thank you for your reply. Honestly, I was not aware that debt ETF and gold were pooled under equity. I was giving the cumulative values as my Long Term and short term profits. I wish I knew that we have to manually sift thru the list and pick out the debt ETF’s separately.
Hope we will get an announcement from you when this is implemented. Sincerely hope this happens before the next filing dates.
Are these done? I have sold the Debt fund this week and you have not added the condition for Debt fund purcahsed before 1st April 2023 which are considered as LTCG if hold more than 24months whereas your P&L is calculating 36months for this.
Please incorporate these changes asap. I have raised a ticket for the same. [#20250413931818]
Separate P&L for debt or “Income from other sources” is still not live. We’ll keep you updated once it is up.
It is not about the seperate P& L, It is a simple development changes to calculate long or short term clearly.
Suprise that Zerodha is not ready for these kind of simple changes. They used to be ahead of curve but looks like they have achieved what they want to achieve and downturn started.
I am suprise Zerodha Customer support is closing the ticket without providing any soluion.
Apologies for the inconvenience caused, Sir. Getting this checked with the team. Our team will get in touch with you regarding the issue and fix it.
so if the issue isn’t fixed in 4 months, the solution is just to close it?
I really don’t get how a basic reporting problem takes 4 months. Even Vibe coders could’ve built this in a few days.
#20250413931818
Hi @Rameshwar_Prasad Sir
We’re really sorry for the delay.
As Team was working on other priority projects, there is a delay. I’ve checked once again and team is working on incorporating the required changes for Debt fund and it should be done much before the ITR filing deadline of Sept 15th.
Regarding ticket, you can always reopen the same thread and it gets reopened.
We’ll be tracking this and keep you posted on the update.
Its pending since April and now even in October , it is not resolved.
Just for small reporting issue it is taking 6 months 
and going and now they have added another reporting mess in Tata Motors which will take another 6 months to resolve.
