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F&O Audit turnover

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Santhoshkumar Venkatachalam

Santhoshkumar Venkatachalam (Querist)
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09 May 2022 Thanks all for your reply. If I want to declare 6% profit in what turnover i need to specify a turnover. In my p&l consist Opening stock - Rs.6737 profit on sale of f&o - Rs.2005282.80 profit on sale of shares(intraday) - Rs.3825.35 Share sales - Rs.1003068.05 Loss on sale of f&o - Rs.1883766.70 Loss on sale of shares(intraday) - Rs.995.70 Share purchase - Rs.1002114.87 (F&O turnover as per calculation - Rs.13014787.25)(profit+loss+option premium) Thanks in advance

Nikhil Kaushik

Nikhil Kaushik (Expert)
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30 May 2022 these loss and profit figures are cumulative or addition of outcome of each trade settlement?

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