Tax Centre: Consolidated Tax Report For All Your Investments
Tax Centre brings together income from your Indian stocks, mutual funds, US stocks, F&O trades, and dividends into a single tax report. Every income category is clearly classified, with details on the applicable tax treatment and where it should be reported in your ITR to simplify tax filing.
What Is Tax Centre?
Tax Centre automatically calculates taxable capital gains, dividends and F&O income, so you can simply download the report and share it with your CA or file your return yourself.
One report for all your investments
Tax season becomes complicated when your investments are spread across asset classes. Tax Centre brings everything together in a single consolidated report covering Indian stocks, mutual funds, US stocks, F&O trades, intraday positions and dividends.
Structured for Income Tax Report (ITR) filing
Most tax reports stop at showing gains and losses. Tax Centre goes a step further by mapping every figure to the correct ITR schedule, tax section, and applicable tax rate. Whether it's equity LTCG under Section 112A or F&O income under business income, you'll know exactly where each number belongs in your return.
Available year-round for Advance Tax
Good tax planning shouldn't begin a week before filing your return. Tax Centre is available throughout the year, helping you track gains, losses, dividend income, and estimated tax liability as your portfolio evolves. Quarterly breakdowns also help you estimate advance tax before each installment date.
Your Complete Investment Income Breakdown On One Screen
Get a consolidated view of your capital gains, trading income, and dividends, accurately classified and ready for tax reporting.
Long-term Capital Gains
Track all your long-term gains in one place. Tax Centre automatically identifies eligible long-term holdings, calculates gains, and suggests the correct tax treatment for each asset. This simplifies tax filing across investments with different rules, for example, Indian stocks and equity mutual funds qualify as LTCG after 12 months, while US stocks and debt funds generally require a 24-month holding period.
Short-term Capital Gains
Understand your short-term tax liability at a glance. Tax Centre identifies short-term gains, calculates taxable income, and applies the relevant tax treatment based on the asset type. Since Indian equities, US stocks, and other non-equity investments can follow different taxation rules, every transaction is classified correctly and mapped to the appropriate section in your tax report.
F&O Income
Get a consolidated view of all your F&O profits and losses. Tax Centre calculates net trading income, tracks eligible losses, and reports everything under the correct income category. Since F&O trading is treated as business income rather than capital gains, the report automatically applies the relevant classification and helps ensure accurate reporting in your ITR.
Intraday Trading
Track your intraday trading gains and losses in one place. Tax Centre consolidates all intraday transactions, calculates net gains or losses, and suggests the correct tax classification automatically. Since intraday income is treated differently from both F&O trading and capital gains, keeping it separately categorized helps ensure accurate reporting and tax calculations.
Dividends
Tax Centre tracks all dividends received across Indian stocks and US stocks in one view. For US stock dividends, it shows the gross amount in INR, the exact figure you need when filing Form 67 to claim relief under the India-US DTAA for the 25% withholding tax already deducted in the US. The report also highlights the applicable tax treatment for both Indian and US dividends.
How To Download Your Tax Report On INDmoney?
Open your profile
In the INDmoney app, tap on the Profile icon to access your account settings and reports.
Select Tax & Other Reports
Tap Tax and Other Reports to open the Tax Centre and view all your investment income.
Click Download Report
Choose Download Report to access the available Tax P&L report.
How Tax Centre Simplifies US Stock Taxes for Indian Investors
Converts gains from USD to INR using the right exchange rate
Skip the hassle of tracking historical exchange rates. Tax Centre converts every US stock purchase and sale into INR using the prescribed SBI TT Buy Rate, helping ensure gains and losses are calculated using the exchange rates accepted for Indian tax reporting.
Identifies LTCG and STCG gains automatically
Tax Centre automatically classifies gains as Long-Term or Short-Term based on the applicable holding period and displays the corresponding tax treatment. For example, US stocks held for more than 24 months qualify as LTCG, while shorter holdings are treated as STCG. This classification is already mapped in your tax report.
Shows US dividend income with the amount needed for DTAA claims
Get the information you need to report overseas dividend income confidently. Tax Centre consolidates dividends received from US stocks and displays the gross dividend amounts required for Indian tax filing. It also helps you identify the figures needed to claim Foreign Tax Credit under the India-US Double Taxation Avoidance Agreement (DTAA).
Covers Schedule FA disclosure requirements
Keep track of your overseas holdings in one place. Tax Centre provides a consolidated view of your US stock portfolio, making it easier to review and report foreign investments when completing Schedule FA as part of your income tax return
Frequently Asked Questions (FAQs)
Tax Centre covers Indian stocks, mutual funds (equity and debt), US stocks, F&O, intraday trades, ETFs, and bonds, all investments held on your INDmoney account are consolidated into a single report.
Tax Centre classifies each transaction based on the holding period and instrument type.
- For Indian listed equity and equity mutual funds, gains on holdings above 12 months are Long Term taxed at 12.5% under Section 112A, with the first Rs 1.25 lakh exempt.
- For Indian listed equity and equity mutual funds, gains within 12 months are Short Term taxed at 20% under Section 111A.
- For US stocks, the Long Term threshold is 24 months. LTCG is taxed at 12.5%, and STCG is taxed at your income tax slab rate.
Each transaction in the report shows the purchase value, sale value, expenses, and taxable gain or loss with the applicable section and rate.
Yes. Tax Centre tags every number with the exact ITR schedule and section it belongs to, helping you understand how different gains and income sources are treated during filing.
Yes. Tax Centre reports F&O income separately as business income, which maps to "Profits and Gains from Business or Profession" in your ITR. F&O losses are tracked independently and can be carried forward for up to 8 years if your return is filed on time.
Intraday trading and F&O trading are treated differently under Indian tax rules. Intraday gains and losses are classified as speculative business income, while F&O income is treated as non-speculative business income. Since the set-off and carry-forward rules differ for each category, Tax Centre reports them separately to help ensure accurate tax calculations and reporting.
Tax Centre tracks all dividends across Indian stocks and US stocks as a separate line item. Dividends from Indain stocks are taxed at your income tax slab rate and reported under "Income from Other Sources" in your ITR. For US stock dividends, the US deducts 25% as withholding tax at source. Tax Centre shows the gross dividend amount in INR converted using the SBI TT Buy Rate, so you can report the correct figure and claim Foreign Tax Credit under DTAA by filing Form 67
Yes. Tax Centre is available year-round with quarterly breakdowns that align with India's four advance tax instalment dates. You can check your estimated liability before each deadline and plan your payments to avoid interest.
No. Tax Centre generates the consolidated report for investments held on your INDmoney account. Investments held with other brokers or platforms that are not on INDmoney will not be included in the report.
Yes. Tax Centre has a Personal and Family toggle at the top of the screen. If family members are added to your INDmoney account, you can switch to their profile and download their report separately.
Tax Centre first computes the capital gain in USD and then converts the entire gain to INR using the SBI TT Buy Rate of the last day of the month immediately preceding the month of sale, as per Rule 115. A single exchange rate is applied to the gain, not separate rates for purchase and sale. If the stock was held for more than 24 months, the gain is LTCG and taxed at 12.5% under Section 112, with no exemption threshold. If held for 24 months or less, it is STCG and taxed at your income tax slab rate. Capital gains on US stocks are not taxed in the US for Indian residents, so the tax obligation is only in India.
DTAA (Double Taxation Avoidance Agreement) between India and the US prevents the same income from being taxed fully in both countries. Under Article 10 of the India-US DTAA, the US can withhold up to 25% on dividends paid to Indian residents. To claim credit for this in India, you need to file Form 67 on the income tax portal on or before your ITR due date. In your return, complete Schedule FSI (Foreign Source Income) and Schedule TR (Tax Relief).
Indian residents are required to disclose foreign assets including US stock holdings in Schedule FA (Foreign Assets) of their ITR. This applies even if you did not sell any stocks, did not earn any dividends, or made no gains during the year. Schedule FA requires disclosure on a calendar-year basis (January to December). Non-disclosure can attract penalties of up to Rs 10 lakh under the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act.