Future & option trading turnover calculation

This query is : Resolved 

05 April 2016 hello, experts

Kindly help me to calculate the turnover for Future and Option trading for tax audit.

I mean how to calculate Turnover for F&O Trading for TAX AUDIT. AND

What is the limit for tax audit for F&O Trading for F.Y. 2014-15.

Plz help me to calculate.

05 April 2016 If the absolute value of profit and loss > 1 crore tax audit applies.


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