Sale purchase of shares in Zerodha

This query is : Resolved 

28 January 2024 Resolved thanks sir

23 July 2025 Sure! Here’s a quick overview of **sale and purchase of shares using Zerodha**, one of India’s popular online brokerage platforms:

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### 1. **How to Buy Shares on Zerodha**

* **Open a Demat & Trading Account:** You need both a Demat account (to hold shares) and a trading account (to place orders).
* **Login to Zerodha Kite:** Use Zerodha’s trading platform (web/mobile app) called Kite.
* **Place Buy Order:**

* Select the stock you want to buy.
* Choose order type: Market order (buy immediately at current price) or Limit order (buy at a specified price).
* Enter quantity and place the order.
* **Order Execution:** Once matched, shares are bought and credited to your Demat account.

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### 2. **How to Sell Shares on Zerodha**

* **Login to Kite.**
* **Place Sell Order:**

* Select the stock you want to sell from your holdings.
* Choose order type (market or limit).
* Enter quantity and place order.
* **Settlement:** Shares are debited from your Demat account, and proceeds credited to your trading account after settlement.

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### 3. **Important Points**

* **Demat Holding:** All shares bought are held electronically in your Demat account.
* **Settlement Cycle:** Trades settle on T+2 basis (trade date plus two working days).
* **Charges:** Brokerage, Securities Transaction Tax (STT), GST, and other statutory charges apply.
* **Taxation:** Capital gains tax applies on profits from sale of shares. Short-term or long-term rates depend on holding period.

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### 4. **Tax Reporting**

* Zerodha provides you with **consolidated reports** including P\&L statements, which help in filing income tax returns.
* You must declare gains/losses from share trading under **capital gains** or **business income** (if trading frequently) as applicable.

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If you want, I can help you with:

* Step-by-step guide for Zerodha trading.
* Tax treatment of shares bought/sold via Zerodha.
* Sample ledger or tax reports from Zerodha statements.

Would you like any of these?


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