One correct turnover across every broker you trade on
The aggregation gap
Broker-native tax reports are convenient, but each one is a silo. Your turnover for audit, your net profit, your advance-tax estimate, and your carry-forward losses are all computed on the combined figure across every broker. Add to that the fact that many brokers compute turnover wrong in the first place, and a multi-broker trader using broker reports alone is almost guaranteed to be working off the wrong number.
How combining can flip your audit position
Broker A turnover โน1.4 crore. Broker B turnover โน1.3 crore. Each looks comfortably under the โน2 crore presumptive line. Combined, your turnover is โน2.7 crore, above โน2 crore, so the 44AD presumptive scheme is off the table and your audit position changes. This is exactly the kind of mistake a single-broker report hides.
How Aktai does it
Upload each broker statement once. Aktai normalises every format into a single trade ledger, computes ICAI turnover and net P&L per segment across all of them, and dedupes by broker and financial year so re-uploads replace rather than double-count. You see one combined turnover, run it through the audit checker, and schedule advance tax on the real number. See which statement to export from each broker on the supported brokers page, or read the multi-broker turnover guide.
Frequently asked questions
Why can my broker not give my combined turnover?
A broker only sees the trades placed through it. If you trade F&O on Zerodha and equity on Dhan, neither report includes the other. Your audit thresholds and total tax are computed on the combined figure across every broker, so a single-broker report always understates your real position.
How does Aktai combine brokers correctly?
You upload each broker statement. Aktai normalises every broker format into one trade ledger, computes ICAI turnover across the lot, and de-duplicates by broker and financial year so re-uploading a file replaces rather than doubles that broker data. The result is one combined turnover, P&L and audit position.
Does combining brokers change my audit position?
It can. Two brokers at โน1.5 crore turnover each are individually under โน2 crore, but โน3 crore combined, which removes the 44AD presumptive option and changes the audit calculus. Looking at one broker in isolation is how traders accidentally misjudge audit applicability.
Aktai Tax produces estimates and computations for your reference, not tax advice. It does not file returns and has no access to your bank or the income-tax portal. Verify every figure with a qualified Chartered Accountant.