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Get ITR-ready: capital gains, tax heads, and net worth in one place

· 4 min read
The Sahidha team
Building Sahidha in the open

Every July the same scramble begins. The CA asks for your capital gains statement. You log into the broker, download a PDF, realise it spans the wrong dates, download another. You dig out bank interest certificates. You try to remember which mutual funds you redeemed and whether they were held long enough to be long-term. Then you do it all again for your spouse and your parents.

It doesn't have to be a once-a-year archaeology dig. The information exists all year — it's just scattered. Sahidha's job is to keep it consolidated and ITR-ready as you go.

Everything is scoped to the Apr–March financial year​

Indian taxes don't run on calendar years; they run on the financial year, April to March. Most money apps think in months or calendar years, which means you're forever doing mental arithmetic to line their numbers up with your ITR.

Sahidha is built around the Indian FY from the ground up. Reports, capital gains, and net worth all snap to the Apr–March boundary, so "this year" means the same thing to you and to the tax department.

One place for statements, across the family​

Getting ITR-ready starts with getting everything into one place:

  • Bank statements imported per bank, so interest income isn't forgotten.
  • Broker and mutual fund activity, so redemptions and their gains are captured.
  • Insurance and investments, so maturities and premiums are on the record.
  • All household members, each within their own privacy boundary — you consolidate without anyone losing control of their own data.

Because Sahidha reconciles transfers (so moving money between your own accounts isn't mistaken for income), the totals that feed your tax picture stay honest.

Capital gains, rolled up by head​

The painful part of ITR for most families is capital gains. Sahidha rolls up realised gains for the financial year so you can see them organised the way the return expects, rather than as a wall of broker transactions:

  • realised gains for the FY, separated into short-term and long-term,
  • grouped so they map cleanly onto the relevant ITR heads,
  • with the underlying transactions there when you (or your CA) want to verify a number.

The goal isn't to replace your chartered accountant — it's to hand them a clean, reconciled summary instead of a shoebox of PDFs, and to let you see your tax position long before the deadline forces the issue.

Not tax advice. Sahidha helps you organise and see your numbers; it doesn't file your return or tell you what to declare. For anything specific to your situation, talk to a qualified CA.

Net worth, not just spending​

Tax-readiness is really a side effect of something bigger: knowing where the household actually stands. Once accounts, investments, insurance, and loans are all in one place, net worth stops being a guess.

Sahidha pulls it together into a single picture — what you own, what you owe, and how it's trending across the financial year — at both the per-person and whole-household level, always respecting who's allowed to see what. It's the number the Excel sprawl could never give you reliably, because no single sheet had the whole story.

Honest about where we are​

Some of this is solid and usable today; some is still being built out, and bank- and broker-specific import quirks are an ongoing battle. We'd rather tell you that than pretend everything is finished. The direction is fixed even where the polish isn't: your money, consolidated, reconciled, and scoped to the year that actually matters for tax.

If July usually means a frantic hunt through PDFs, start now instead. Try Sahidha at sahidha.com, bring a messy real statement, and tell us where it trips up — that feedback is what makes the next tax season calmer than the last.