How to Download Contract Notes on Punch
Access your daily contract notes on Punch via email or the reports for tax filing and trade records.
Written By Archit Sunat
Last updated 27 days ago
What is a Contract Note?
A contract note is a legally mandated trade confirmation document issued by your broker after each trading day. It serves as official proof of your trades and is required for tax filing purposes.
Two Ways to Access Your Contract Notes
Email — Contract notes are automatically sent to your registered email address after each trading day when you've executed trades
Reports — You can download historical contract notes anytime from Reports section on Jump-to menu
What Does a Contract Note Contain?
Your contract note includes comprehensive details about your trades:
Trade details: scrip name, quantity, price, and execution time
Complete breakdown of all charges (brokerage, STT, GST, transaction charges, stamp duty)
Net settlement amount
Why Contract Notes Matter
Contract notes are essential for several reasons:
Tax filing (ITR) — Required documentation for reporting capital gains and losses
Dispute resolution — Serves as legal proof if there's any disagreement about trade execution
Trade verification — Confirms all details of your executed trades
Keep Them Safe
SEBI requires brokers to issue contract notes for all trades. Keep them organized and accessible — they serve as legal proof of your trading activity and are crucial for tax compliance.