What do Cons. Charges and Net Profit imply in Tax P&L?

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1

Hi,

When going through the Tax P&L, I noticed a column named “Cons. Charges” and a column named “Net Profit.”

  1. What charges are included in “Cons. Charges”? Are DP charges included?
  2. Does “Net Profit” mean the final profit that I can withdraw to my bank account after all taxes?

Apologies if this is a basic question. Thanks for your assistance!

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2

Hi @RishadEncykh

Yes, Cons. charges are consolidated charges that include government charges like STT, GST, etc. However, they do not include DP charges, which you can check in your ledger summary > Ledger analysis.

The net profit is the final amount that you can withdraw to your bank account after all tax deductions.

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3

Thank you for your response. Could you explain why DP charges are often kept so opaque? It would be really helpful if this information were included in the reports, making it easier for users to calculate their net profits directly. or Is there a specific reason why DP charges are kept hidden, even in charge calculators?

4

Hi @RishadEncykh, as mentioned by @Divyesh you may refer to the ledger statement to view the demat-related charges, specifically the Dp charges. The tax report shows the Trade related charges.

Nonetheless, we have noted your suggestion to incorporate demat-related charges in tax report.

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