IndiaTrader Tax

Dhan Tax P&L Explained: Which Export to Use and How Turnover Is Computed

Dhan's Tax P&L statement is the starting point for your F&O tax computation. Here is what the file contains, why the turnover figure in the report may differ from the ICAI number, and how to use it correctly for your ITR-3.
June 25, 2026 ยท 6 min read ยท By Aktai Team

Note: This is general information, not tax advice, and tax rules change. Verify the current figures against the Income Tax Act, the relevant Finance Act and ICAI guidance, and confirm your own position with a qualified Chartered Accountant.

What the Dhan Tax P&L contains

The Dhan realised P&L statement lists every closed trade for the financial year: the symbol, segment (F&O, equity intraday, equity delivery), buy and sell prices, quantity, charges, and net realised profit or loss. This is the raw data for ICAI turnover computation.

Why the Dhan turnover figure may differ from ICAI

Dhan and other brokers sometimes report turnover on a different basis, including the older method of adding option sell-side premium. The ICAI 8th-edition Guidance Note (August 2022, AY 2022-23 onward) removed the premium add-back. The correct figure for audit thresholds is the absolute sum of realised P/L per trade, with no premium included. When the numbers differ, the ICAI figure is the one your CA and the income-tax department use.

The audit threshold check (โ‚น2 cr for 44AD, โ‚น10 cr for 44AB) always uses the ICAI absolute-sum turnover. If your broker figure is inflated, it can falsely suggest an audit is required. Always verify with the ICAI method.

How to export from Dhan

Log in to Dhan, go to Reports, select Tax / P&L Statement, choose the financial year, and export the realised P&L file. Full steps with screenshots are on the Dhan export guide. Download the file that shows per-trade realised P/L, not the daily or weekly summary.

What Aktai Tax does with the Dhan file

Upload the Dhan export in Aktai Tax. Aktai parses the file, applies the ICAI absolute-sum method, segregates F&O and intraday equity, totals deductible charges, and checks 44AB audit applicability. The output is a PDF and Excel report you or your CA can use to file ITR-3. If you also trade on another broker, upload that file too and Aktai combines them. See multi-broker turnover.

Frequently asked questions

Which Dhan export do I need for F&O tax?

Export the Tax or P&L Statement for the full financial year. This shows realised profit and loss per trade, which is the input for ICAI absolute-sum turnover. Do not use daily snapshots or the order history.

Does the Dhan export include all deductible charges?

Yes. The Dhan P&L export includes brokerage, STT, exchange charges, SEBI charges and GST per trade. These reduce your taxable F&O profit.

I have a lot of F&O trades on Dhan. Will Aktai handle the file size?

Yes. Aktai Tax processes large Dhan exports and shows a preview of parsed rows before you confirm. Re-uploading a corrected file is safe: the second upload replaces the first for that broker and financial year.

Related reading

How to calculate F&O turnover (ICAI method) โ†’Dhan F&O tax: export and import guide โ†’Is F&O tax audit mandatory? โ†’Multi-broker F&O turnover โ†’F&O turnover calculator (free tool) โ†’

Aktai Tax ยท for Indian F&O and equity traders

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Estimates for your reference, verify with a qualified CA. For Indian traders.

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Not financial advice. Aktai is software for SEBI-registered Research Analysts. It is not a financial adviser, broker, Investment Adviser, or Research Analyst, and is not registered with SEBI or any other financial regulator. It surfaces public filings and news and drafts factual notes for the registered analyst to review, edit, and sign. Aktai does not author research, make recommendations, or decide what any security is worth. The view, the recommendation, and the regulatory responsibility stay with the registered analyst who sends the note. Full disclaimer โ†’