Quicko
What if client only invest in Mutual Funds?
Client can still file the return using Quicko by uploading his MF statement and Quicko will read it and prepare his/her IT according to the capital gains/loss incurred from your MF investments.
Can client add other incomes apart from trading while filing ITR through Quicko?
Yes. Once client have uploaded all his trading statements, he can choose to add other income sources including salary, business income, houseproperty etc. You can also add tax deductions, tax credits etc.
What to do if I have trading accounts with other brokers apart from IIFL?
Don't worry! We support all major brokers. Just go ahead and upload multiple tax P&L statements for all your brokers and we will compile them for you to file your return.
What happens if client get a notice after filing with Quicko?
If client gets a notice after filing with Quicko we will deal with the notice for client at no extra charge (as long as all the information furnished by client is true and complete.)
Can client sell all holdings at once?
Yes, client can DIY file it or choose from one of his CA assisted plans. And since Quicko is a registered ERI (E-Return Intermediary) with the ITD, it can file your taxes completely online.
Is audit applicable for me?
To check Tax audit is applicable you need to check your turnover, profit percentage of your turnover, and if you have losses. You can also use our: determine tax audit applicability tool. For more information about Tax Audit Applicability Click Here
What ITR do traders need to file?
To file Income Tax with Trading activity, you can use the table below to identify the IT form that is applicable for you: You can also use Which ITR to fill tool to know your ITR form for this Assessment year
What are the benefits for IIFL Traders to file ITR with Quicko?
With Quicko you can file your tax returns online in a simple, hassle-free, paperless manner. It is easy, convenient and online.
What does this partnership between Quicko and India Infoline (IIFL) mean for IIFL customers?
India Infoline (IIFL) has partnered with Quicko to simplify taxes for traders. Traders can choose from DIY and CA assisted Plans offered at discounted rates to stay tax compliant. Quicko offers Paperless & Hassle-free tax filing to all major brokers ...