5Paisa has carved a niche among India's discount brokers with its flat-fee pricing model. Part of the IIFL group, this platform attracts cost-conscious traders for equity, F&O, commodities, and mutual fund investments. When tax filing season arrives, many 5Paisa users struggle with reporting requirements. Understanding 5Paisa ITR filing becomes easy once you know how to access and use the platform's tax reports.
This comprehensive guide explains how to obtain your 5Paisa capital gains report and navigate your 5Paisa tax statement effectively. You'll learn to report 5Paisa trading income correctly across different trading segments. From downloading reports to final submission, this article walks you through every step.
Understanding 5Paisa Tax Reports
5Paisa provides detailed tax documentation through its trading portal and mobile app. These reports simplify 5Paisa ITR filing by organizing your trading data into formats that align with income tax schedules.
Available Tax Reports
| Report Type | What It Contains |
| Tax Profit & Loss Report | Consolidated profit/loss across equity delivery, intraday, F&O, and commodity segments |
| Capital Gains Statement | Script-wise STCG and LTCG with buy/sell dates, holding periods, and grandfathering calculation |
| Trade Book | Individual trade records with timestamps, execution prices, quantities, and order types |
| Contract Notes | Daily transaction records with brokerage, STT, exchange charges, stamp duty, and GST breakdown |
| Ledger Statement | Account fund movements showing deposits, withdrawals, charges, and running balance |
How to Download 5Paisa Tax Statement
Your 5Paisa tax statement contains essential data for ITR filing. Here's how to access it through the 5Paisa portal.
Step 1: Login to 5Paisa at 5paisa.com or open the mobile app
Step 2: Navigate to Reports section from the main menu
Step 3: Select "Tax Reports" or "Capital Gains" option
Step 4: Choose the financial year (e.g., FY 2024-25)
Step 5: Select segment: Equity, F&O, Commodity, or All
Step 6: Click "Generate" and download in PDF or Excel format
Pro Tip: 5Paisa also allows report requests via email. Contact customer support with your client ID and specify the financial year. Reports usually arrive within 24-48 hours.
Understanding Your 5Paisa Capital Gains Report
The 5Paisa capital gains report categorizes your delivery-based equity transactions for tax purposes. Refer to the Income Tax Act for current provisions.
Key Components Explained
- STCG (Section 111A): Listed equity shares sold within 12 months, taxed at flat 20%
- LTCG (Section 112A): Listed shares held over 12 months, taxed at 12.5% above Rs. 1.25 lakh exemption
- Grandfathering provision: For pre-Feb 2018 holdings, cost is higher of actual price or Jan 31, 2018 FMV
- Turnover figure: Absolute sum of profits and losses (used to determine audit threshold)
- Transaction costs: Brokerage, STT, exchange fees, GST (deductible only for business income)
Reporting 5Paisa Trading Income: By Segment
Your 5Paisa trading income tax treatment varies by trading type. Check CBDT guidelines for detailed provisions.
| Trading Type | Income Head | ITR Form | Schedule |
| Delivery equity | Capital Gains | ITR-2 | Schedule CG |
| Intraday equity | Speculative Business | ITR-3 | Schedule BP |
| Equity F&O | Non-speculative Business | ITR-3 | Schedule BP |
| Commodity F&O | Non-speculative Business | ITR-3 | Schedule BP |
| Currency F&O | Non-speculative Business | ITR-3 | Schedule BP |
Step-by-Step: Filing ITR with 5Paisa Reports
Follow these steps for complete 5Paisa ITR filing through the Income Tax e-Filing Portal.
Step 1: Download All 5Paisa Reports
Get Tax P&L Report, Capital Gains Statement, and Contract Notes from the portal. Also download Form 26AS and AIS from the income tax portal for cross-verification.
Step 2: Determine Your ITR Form
Delivery trades only: ITR-2. Any F&O or intraday: ITR-3. If you have business income alongside: ITR-3. Once you need ITR-3, it covers all scenarios.
Step 3: Fill Capital Gains (Schedule CG)
Use your capital gains report. Enter STCG under Section 111A (20%). Enter LTCG under Section 112A with Rs. 1.25 lakh exemption. Include script-wise details if required by your form.
Step 4: Fill Business Income (Schedule BP)
For F&O and intraday, use Tax P&L figures. Enter turnover, net profit/loss, and deductible expenses. Speculative (intraday) and non-speculative (F&O) income go in separate sections.
Step 5: Verify and Submit
Cross-check totals with 5Paisa reports. Verify TDS from Form 26AS. Pay any outstanding tax using challan. Submit and e-verify using Aadhaar OTP or net banking.
For professional assistance with trading returns, consider Income Tax Return Filing services from Patron Accounting.
Conclusion
5Paisa ITR filing becomes straightforward with proper preparation. Your 5Paisa capital gains report provides accurate data for equity transactions. The comprehensive 5Paisa tax statement covers all trading segments effectively.
Understanding how to report 5Paisa trading income correctly ensures compliance and peace of mind. Download your reports early, categorize income properly, and fill each ITR schedule accurately. 5Paisa's detailed reporting handles the complex calculations. Your responsibility is transferring information correctly and filing before the deadline.
