auditable turnover for share trading business

This query is : Resolved 

28 December 2010 What is the limit of turnover for the person engaged in the business of the share trading?

28 December 2010 60 Lakhs from fy 2010-11.

28 December 2010 How the turnover is calculated if a person is trading in f&o segment only?

28 December 2010 Profit + loss from trading in F & O.

Say profit Rs 50 lacs and loss Rs 20 lacs.
Turnover will be Rs 70 lacs.


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