Wrong Calculation of F&O loss

I am filing my very first ITR using Quicko Software, and I am a Zerodha User. While preparing my ITR (I am doing it myself) I am finding some mistakes. I have stcg of approx 16857. My F&O net loss is -7388 (as per zerodha console). Now when I am fetching the fno data from zerodha, it is showing Fno profit of 7022. The purchase 43115 is greater than Total sales 35939, so in this case the Gross PNL should be -7022. How does this happen to be showing positive? Also This was subtracted from my total expenses. So is my FNO loss of -7388, not considered by Quicko? And in the net loss for non speculative business income is showing -11851. Tell me how is this possible? If I am incurring loss, why is it showing profit? It is when I added my expenses which are -18873, the net loss came to be -11851. Before adding my expenses it was showing 7022 as profit. I am sure the software is making some mistake, because I am incurring a loss, and it showing as Profit. Also I have attached all screenshots,






please explain and reply asap @TeamQuicko @Quicko.

Hello @Harsh27 We can help you resolve your doubt.

To do RCA, we need your tax pnl report of Zerodha. Could you please share the same from your registered email ID to help@quicko.com so our team can assist you at earliest?

Thank you

1 Like

Thank You @AkashJhaveri for the response, I have mailed the Zerodha Tax PnL as per your instructions and the ticket has been created, waiting for the solution.

Thank you @AkashJhaveri , @TeamQuicko , for quick replies and assistance, my PnL and summary are showing correct figures of loss now.


Wrong calculation of F&O loss can mislead tax filing, impact compliance, and increase penalties. Accurate reporting ensures smooth financial management, reduces risks, and helps you avoid unnecessary disputes with authorities.