Hi @MAHESH_M
Long Term Capital Gains (LTCG) up to 1 Lakh are exempt and and any LTCG above 1 Lakh are taxable at 10%.
If you have sold shares within 1 year (of purchase) the gains would be classified as Short Term Capital Gains (STCG) and would be taxable at flat 15%.
Here are couple of articles which you might find helpful:
Hi @Esperer_Pratik, you might observe certain discrepancies as the Tax P&L Report from Quicko reflects the details as per the provisions of the Income Tax Act. You can read more about the differences in Quicko P&L and Zerodha Tax P&L report here.
Hi @Ashutosh_Odedra, you can directly log in using your broker to import your Equity, Intraday and F&O trades on Quicko to prepare and file your ITR. Incase you have multiple broking account, you can import trades from them and visualize your aggregate Tax P&L, and prepare and file your ITR instantly. If you need any help, you can book an Expert Meet and you can get your ITR reviewed with a Tax Expert on-the-go.
Here’s an article that you might find helpful for Intraday and F&O trading.
Last year I filled ITR-3 online through Quicko itself (Non Pro User).
This year the only option is to download JSON file (Pro Member).
Even on Income tax site there is no option to upload offline file for ITR-3 only ITR1,2 & 4 can be uploaded.
Hi,
Income tax department has not enabled ITR-3 filing, once the income tax department will enable the ITR-3 filing you will be able to upload the return through Quicko itself, the download JSON option to prepare and check your ITR till the filing is enabled.
Hope this answers your query.
The above screenshot describes the errors that I face while attempting to file my ITR. How do I see those schedules so that I can fix them?
Thanks in advance
Thank you Ms. Riya Jain and Mr. Hem Shah. Mr. Hem Shah has mailed me the .json file which the ITD accepts. However, it still shows me of the “Category of Defect B/D” as displayed in the screenshot. Can I proceed ignoring the same?
Thank you
K. Arun Prasad
Hey there, Ms. Riya Jain. The ITD website still shows me of the “Category of Defect B/D” as displayed in the screenshot. Can I proceed ignoring the same? Request you to answer this query. Thanks
K. Arun Prasad
Hi mem I filled my all details in quicko and download json file…bu I updated in income tax website get two error…
Hi,
Yes, you can move forward to file your return, Category of Defect B/D is an warning message not an error message.
Thanks
Thank you Mr. Hem Shah.
How to claim HRA tax exemption under Section 10(13A) in Zerodha QUICKO??
I did not submit the 12BB form at the beginning of the financial year as I wasn’t using any rented accommodation at the start. However, I did live in rented accommodation for 4-5 months later in the year and I am not seeing any option to claim HRA.
Hello @Aryesh_Dubey
Here are the detailed steps of how can you go about it.
If you have still have any queries then you can submit a request and our team will get back to you.
Hello,
I am unable to file ITR 3 through Quicko, so can you tell us when ITR3 will be available for previous financial year? I have already paid the advance tax, just need to file the ITR3!
Thank You!
Hi,
Regarding the expenses a trader can claim in ITR, can you please advise where in QUICKO should I add these expenses like office supplies, electricity, internet charges, membership fees, etc. I could not find a provision for this.
Thanks
