{
    "componentChunkName": "component---src-templates-faq-faq-js",
    "path": "/home/account-management/reports/profit-and-loss-report-pl-report/what-is-the-difference-between-a-p-l-and-a-tax-p-l-report/",
    "result": {"data":{"wpPage":{"uri":"/home/account-management/reports/profit-and-loss-report-pl-report/what-is-the-difference-between-a-p-l-and-a-tax-p-l-report/","title":"What is the difference between a P/L and a tax P/L report?","content":"\n<p>While both statements address your initial investment and expected return (ROI), their underlying objectives are entirely distinct:</p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th><strong>Attributes</strong></th><th><strong>P/L</strong></th><th><strong>Tax P/L</strong></th></tr></thead><tbody><tr><td><strong>Primary Purpose</strong></td><td>To give you a quick view of your trading and investing performance.</td><td>To calculate your exact tax liability so you can legally file your Income Tax Return (ITR).</td></tr><tr><td><strong>Timeframe</strong></td><td>You can select any custom date range (for example: the last 7 days, 30 days, 3 months, etc.).</td><td>Strictly covers a specific Financial Year (such as 2025-2026).</td></tr><tr><td><strong>Asset Categorization</strong></td><td>Grouped simply by instrument type (e.g., Equity, F&amp;O).</td><td>Grouped strictly by tax laws (e.g., Long-Term(&gt;1 year), Short-Term C (&lt;1 year), Speculative and non-speculative income, and dividend earnings).</td></tr><tr><td><strong>When to Use</strong></td><td>You can use this as per your convenience to analyze your trading strategies and portfolio health.</td><td>Use this only during tax season to give to your CA or upload to the tax filing portal.</td></tr><tr><td><strong>View &amp; Access</strong></td><td>You can view this in the app itself. You can also download this to your device or send it to your registered email.</td><td>To view the tax P/L, you can get it sent to your registered email.</td></tr></tbody></table></figure>\n\n\n<div class=\"feedback-survey\" data-blocktype=\"custom-block\"><div class=\"heading\"><h3>Feedback Survey</h3></div><div class=\"content\">Yes</div></div>\n\n<div class=\"related-queries\" data-blocktype=\"custom-block\"><div class=\"heading\"><h3>Related Queries</h3></div><div class=\"content\">\n\n<ul class=\"wp-block-list\">\n<li><a href=\"/home/account-management/reports/profit-and-loss-report-pl-report/what-is-a-profit-and-loss-report/\">What is a profit and loss report?</a></li>\n\n\n\n<li><a href=\"/home/account-management/reports/profit-and-loss-report-pl-report/what-is-the-methodology-for-computing-short-term-and-long-term-profit-or-loss/\">What is the methodology for computing short-term and long-term profit or loss?</a></li>\n\n\n\n<li><a href=\"/home/account-management/reports/profit-and-loss-report-pl-report/what-items-are-excluded-from-the-p-l-report/\">What items are excluded from the P/L report?</a></li>\n</ul>\n\n</div></div>","seo":{"title":"What is the difference between a P/L and a tax P/L report? - PhonePe Invest Support","metaDesc":"","canonical":"/home/account-management/reports/profit-and-loss-report-pl-report/what-is-the-difference-between-a-p-l-and-a-tax-p-l-report/","metaRobotsNoindex":"index","metaRobotsNofollow":"follow","opengraphTitle":"What is the difference between a P/L and a tax P/L report? - PhonePe Invest Support","opengraphDescription":"While both statements address your initial investment and expected return (ROI), their underlying objectives are entirely distinct: Attributes P/L Tax P/L Primary Purpose To give you a quick view of your trading and investing performance. To calculate your exact tax liability so you can legally file your Income Tax Return (ITR). Timeframe You can select… Continue reading What is the difference between a P/L and a tax P/L report?","opengraphType":"article","twitterTitle":"","twitterDescription":"","schema":{"raw":"{\"@context\":\"https://schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"/home/account-management/reports/profit-and-loss-report-pl-report/what-is-the-difference-between-a-p-l-and-a-tax-p-l-report/\",\"url\":\"/home/account-management/reports/profit-and-loss-report-pl-report/what-is-the-difference-between-a-p-l-and-a-tax-p-l-report/\",\"name\":\"What is the difference between a P/L and a tax P/L report? - PhonePe Invest Support\",\"isPartOf\":{\"@id\":\"/#website\"},\"datePublished\":\"2026-06-01T11:57:38+00:00\",\"dateModified\":\"2026-06-02T13:29:06+00:00\",\"breadcrumb\":{\"@id\":\"/home/account-management/reports/profit-and-loss-report-pl-report/what-is-the-difference-between-a-p-l-and-a-tax-p-l-report/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"/home/account-management/reports/profit-and-loss-report-pl-report/what-is-the-difference-between-a-p-l-and-a-tax-p-l-report/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"/home/account-management/reports/profit-and-loss-report-pl-report/what-is-the-difference-between-a-p-l-and-a-tax-p-l-report/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Home\",\"item\":\"/home/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Portfolio &amp; Account\",\"item\":\"/home/account-management/\"},{\"@type\":\"ListItem\",\"position\":4,\"name\":\"Reports\",\"item\":\"/home/account-management/reports/\"},{\"@type\":\"ListItem\",\"position\":5,\"name\":\"Profit and Loss Report (P&amp;L Report)\",\"item\":\"/home/account-management/reports/profit-and-loss-report-pl-report/\"},{\"@type\":\"ListItem\",\"position\":6,\"name\":\"What is the difference between a P/L and a tax P/L report?\"}]},{\"@type\":\"WebSite\",\"@id\":\"/#website\",\"url\":\"/\",\"name\":\"PhonePe Invest Support\",\"description\":\"Help Center\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}"}},"categoryAndTag":{"categoryAndTag":null},"featuredImage":null,"fields":{"feedbackSurvey":"Yes","relatedQueries":["/home/account-management/reports/profit-and-loss-report-pl-report/what-is-a-profit-and-loss-report/","/home/account-management/reports/profit-and-loss-report-pl-report/what-is-the-methodology-for-computing-short-term-and-long-term-profit-or-loss/","/home/account-management/reports/profit-and-loss-report-pl-report/what-items-are-excluded-from-the-p-l-report/"],"ctaDetails":null,"isContactSupportVisible":false}}},"pageContext":{"id":"cG9zdDo1NzY2Ng=="}},
    "staticQueryHashes": ["1746257535","3693679815"]}