Groww F&O tax filing.
Groww is app-first: most traders download their F&O tax P&L through the mobile app, not a web back-office. The federal tax treatment (non-speculative business income, ITR-3, s.44AB) is the same as any other broker — what changes is the report download path and how Groww structures its F&O statements.
How to download your Groww F&O Tax P&L
Groww App / Groww WebGroww's tax report is generated through Groww App / Groww Web. Follow the steps below; this is the canonical source for your ITR-3 filing.
- Open the Groww app or log in at groww.in
- Tap your profile icon (top right in the app, or your name on Web)
- Go to Reports → Tax P&L (or Profit & Loss Statement)
- Select the financial year
- Tap Download — the report is emailed to your registered email and/or available in-app
- If the report is not generated immediately, Groww typically processes it within a few hours and emails the link
Source: https://groww.in/help/p-l-and-tax-statements
Field map — Groww report → ITR-3
Schedule mappingEvery line in your Groww Tax P&L corresponds to a specific ITR-3 schedule or working. Use this table when you (or your CA) transcribe numbers from the broker report into the return.
| Groww report line | ITR-3 destination | Notes |
|---|---|---|
| F&O Realised P&L | ITR-3 Schedule BP | Non-speculative business income. Goes into the business head, not capital gains. |
| F&O Turnover | ITR-3 audit-applicability check under s.44AB | Verify which ICAI method Groww uses (GN 2014/2022 absolute-sum vs GN 2025 with option-sale premium). As of FY 2025-26, most brokers — including Groww — default to the older method. |
| Brokerage, STT, GST, exchange, SEBI, stamp duty | ITR-3 Schedule BP (deductible expenses) | All trade-related charges are deductible business expenses for F&O. |
| Annual Tax Statement / Tax P&L PDF | Reconcile against AIS and Form 26AS before filing | Groww's downloadable PDF is the canonical filing source. Cross-check totals against the Annual Information Statement on the income tax portal. |
Turnover method — what Groww uses
Not publicly stated by brokerGroww does not publish a detailed methodology note for its turnover computation. The standard industry practice — and what most discount brokers including Groww have historically followed — is absolute sum of profit and loss per contract (ICAI GN 2014/2022).
Editorial note
Confirm in your Groww Tax P&L PDF whether the turnover figure includes option-sale premium. If it does not, and you are filing for AY 2026-27 onward, ICAI GN 2025 requires adding it (unless already netted in your trade-level P&L).
See the F&O turnover hub for the full GN 2025 methodology, and use our turnover calculator to cross-check the number in your Groww report.
Groww-specific gotchas
Real issuesReport generation can be asynchronous
Unlike Zerodha's Console (which generates the report on-screen), Groww typically queues the Tax P&L generation and emails it. Allow up to a few hours during peak filing season (July-September).
No public turnover methodology page
Groww does not publish a detailed explainer for how it computes F&O turnover. Verify the methodology in the PDF cover note or by emailing Groww support before relying on the number for audit-threshold decisions.
App-first means fewer self-serve tools
Groww does not currently offer a Console-style web back-office with reconciliation views, ledger drilldowns, or contract-note search comparable to Zerodha's Console. Most accounting work must be done off-platform.
Cross-broker portfolio? Add Groww P&L to your master sheet
If you also trade through other brokers, your ITR-3 must aggregate F&O P&L and turnover across all brokers. Do not file one ITR per broker.
Audit applicability under s.44AB
Same rule, every brokerThe s.44AB audit test does not vary by broker. It depends on your aggregate F&O business turnover (across all brokers), the 5% cash-receipts/payments rule, and your s.44AD history. A loss alone is not the audit trigger.
Run the audit applicability checker or read the F&O tax audit hub for the full decision tree, including the s.44AD(4) 5-year lock-in trap.
Loss set-off and carry forward
s.71 / s.72- Same year: F&O loss from Groww can offset business income, house property, capital gains, or other sources — not salary.
- Carry forward: 8 assessment years, only against future business income.
- Mandatory: file the loss return on or before the s.139(1) due date. Late = no carry forward.
See F&O loss hub and the set-off checker.
Frequently asked questions
- How do I download my Groww F&O tax P&L?
- Open the Groww app or log in to Groww Web → Profile → Reports → Tax P&L → select FY → Download. The report is typically emailed within a few hours during peak season.
- Does Groww file my taxes for me?
- No. Groww provides the source data (Tax P&L PDF). You — or your CA — file ITR-3 on the income tax e-filing portal using that data.
- How is Groww F&O income taxed?
- F&O income on Groww (or any broker) is non-speculative business income under s.43(5) proviso. Taxed at slab rates, reported in ITR-3 Schedule BP. Losses can be set off against any head except salary, and carried forward 8 years.
- Where do I report Groww F&O losses in ITR-3?
- Schedule BP under non-speculative business loss. Set-off rules in Schedule CYLA/BFLA. Carry-forward in Schedule CFL.
Citations
Sources- Groww — P&L and Tax Statements (Help Center)
- Groww — Pricing and Brokerage
- Income-tax Act, 1961 — Section 43(5)
- Income-tax Act, 1961 — Section 44AB
Trade on more than one platform?
Your ITR-3 aggregates F&O across all brokers — never one return per broker.
All broker guidesThe full F&O tax method
Income classification, ICAI GN 2025 turnover, s.44AB audit, ITR-3, and loss carry-forward.
Read the pillar